Lilium Faces Bankruptcy as Subsidiaries Prepare to Fold
Lilium NV, the parent company of Germany’s Lilium (Oberpfaffenhofen) and Lilium eAircraft, is on the brink of bankruptcy, warning that… Read More »
LATAM Airlines Orders 10 Boeing 787 Dreamliners, Adds 5 Options
LATAM Airlines Group, the premier passenger and cargo airline group in South America, has announced a significant purchase of 10… Read More »
New Boeing CEO Aims for Leaner Operations Amid $6B Loss
Boeing’s new CEO, Kelly Ortberg, has outlined an ambitious vision for a leaner future as the company grapples with a… Read More »
Embraer CEO Discusses New Aircraft Development Plans
Brazilian aircraft manufacturer Embraer is exploring the possibility of developing a new jet, as CEO Francisco Gomes Neto revealed in… Read More »
Spirit AeroSystems to Furlough 700 Amid Boeing Strike
Spirit AeroSystems, a key supplier to Boeing, announced plans to furlough approximately 700 employees as the machinist strike at Boeing… Read More »
Researchers Develop Backup Navigation System for Aircraft Using Cellphone Towers
In a world increasingly reliant on GPS for navigation—from casual weekend road trips to critical commercial airline routes—a team of… Read More »
Spirit AeroSystems’ Losses Widen as Cash Reserves Drop Amid Boeing Strike
Spirit AeroSystems reported mounting losses in its third-quarter earnings, with net losses reaching $217 million, more than double the $101… Read More »
Joby Aviation Launches $200M Stock Offering to Fund 2025 Air Taxi Rollout
Electric air taxi startup Joby Aviation has launched a $200 million public offering to support its goal of rolling out… Read More »
Boeing Machinists Reject Labor Deal, Extend Strike
Boeing machinists have voted against a new labor contract, resulting in an extended strike that has now lasted over five… Read More »
Boeing Machinists Vote on Proposal for 35% Raises to End Strike
Boeing and its machinists’ union have announced a new contract proposal that could potentially end a strike lasting more than… Read More »
Embraer Sees 33% Surge in Aircraft Deliveries
Embraer is experiencing a robust sales year, returning to NBAA-BACE with a notable nearly 50% increase in third-quarter business jet… Read More »
AerFin Acquires Six A330-200 Aircraft to Expand Asset Portfolio
AerFin, a leading aviation asset specialist, has announced the acquisition of six A330-200 aircraft equipped with PW4168 engines and enhanced… Read More »
Airbus Leads in 2025-2034 Global Aircraft Deliveries Forecast
The 2025 Aviation Week Commercial Fleet & MRO Forecast predicts over 21,900 new commercial aircraft deliveries worldwide between 2025 and… Read More »
Honeywell Forecast Predicts Continued Growth in Business Jet Deliveries
Honeywell Aerospace’s latest Global Business Aviation Outlook forecasts the delivery of 8,500 new business jets valued at $280 billion over… Read More »
Boeing Secures $35 Billion in Funding Amid Ongoing Strikes
Boeing is strategically positioning itself to secure up to $35 billion in funding as it navigates a challenging landscape marked… Read More »
Britten-Norman to Boost Islander Aircraft Production
Britten-Norman, the UK-based plane manufacturer, is set to increase production of its Islander utility aircraft following a successful second funding… Read More »
Boeing to Issue Layoff Notices Amid Ongoing Strikes
Boeing plans to issue layoff notices to thousands of employees in November 2024, with affected workers expected to leave the… Read More »
Boeing Announces 10% Workforce Cuts Amid Strike Challenges
Boeing is facing significant challenges as newly appointed CEO Kelly Ortberg announced plans to cut approximately 10% of the company’s… Read More »
British Airways Cuts Flights Due to Rolls-Royce Engine Issues
British Airways, the UK’s flagship carrier, has made significant changes to its flight schedule as it grapples with ongoing issues… Read More »
COMAC Rebrands ARJ21-700 as C909 Regional Jet
COMAC (Shanghai Pudong) has officially rebranded its inaugural aircraft, the ARJ21-700 regional jet, as the C909, aligning the designation with… Read More »
Boeing Files Unfair Labor Practice Claim Amid IAM Strike
Boeing has filed an unfair labor practice claim with the National Labor Relations Board (NLRB), accusing 33,000 factory workers on… Read More »
Boeing Withdraws Contract Offer Amid Ongoing Machinist Strike
Boeing has officially withdrawn its contract offer for over 33,000 machinists who have been on strike since mid-September, citing a… Read More »