FAA Approves New Category for eVTOL Aircraft
Top electric vertical takeoff and landing (eVTOL) developers are celebrating a major milestone as the Federal Aviation Administration (FAA) has… Read More »
Textron Aviation’s Q3 2024 Results Hit by Strike Impact
Textron Aviation’s third-quarter 2024 financial report reveals a significant impact from a recent four-week labor strike in Wichita, affecting production… Read More »
DAE Acquires 10 Next-Gen Narrow-Body Aircraft
Dubai Aerospace Enterprise (DAE) has solidified its position in the aviation sector by agreeing to acquire 10 narrow-body, next-generation aircraft… Read More »
Textron Workers Accept New Contract, Strike Ends
Textron Aviation workers in Wichita have ended their four-week strike after voting to accept an improved five-year contract. Represented by… Read More »
UK Air Passenger Duty Rises 50% for Private Jets
The UK’s revised Air Passenger Duty (APD) rules, revealed on October 30, 2024, introduce increased costs for both commercial and… Read More »
UK Begins Airspace Overhaul to Ease London Congestion
The UK Government has launched an ambitious plan to revolutionize British airspace, aiming to alleviate congestion in London’s busy skies,… Read More »
Embraer Aircraft Deliveries Soar 33% as Private Jets Lead
Embraer has announced a notable increase in its aircraft deliveries, reporting a 33% rise year-over-year in its latest quarterly results,… Read More »
NZ Jet Expands with First Jets for Charter Service
NZ Jet has officially expanded its operations by adding its first two jets to its Part 119 charter certificate at… Read More »
Abra Group Finalizes $1.25 Billion Refinancing Deal
Abra Group, the parent company of Avianca Airlines, GOL Linhas Aéreas Inteligentes, and Wamos Air, has successfully completed two significant… Read More »
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 »
Wheels Up Expands Fleet, Secures $330M Credit Facility
Wheels Up (WUP), based in Teterboro, New Jersey, has announced an ambitious fleet modernization strategy aimed at enhancing its service… Read More »
Chrono Aviation Faces Administration Amid Financial Struggles
Chrono Group, the Canadian aviation firm that operates charter airline Chrono Aviation, has entered administration as it struggles to meet… 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 »
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 »
Argentina Risks Losing FAA Category 1 Safety Rating Amid Audit
The United States Federal Aviation Administration (FAA) has arrived in Argentina to conduct the final phase of its evaluation under… 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 »
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 »
Abra Group Completes Acquisition of Wamos Air
Abra Group has successfully obtained regulatory approvals to acquire Wamos Air (EB, Madrid Barajas), integrating the Spanish ACMI and charter… Read More »
US Flags China’s AI Use as Security Threat, Warns of Global Coercion Risks
The U.S. government has raised significant concerns over China’s growing use of artificial intelligence (AI), cautioning that it may endanger… Read More »
UK CAA Enables Drones to Fly BVLOS for Infrastructure Inspections
The United Kingdom’s Civil Aviation Authority (CAA) has announced a groundbreaking new policy that allows drones to operate beyond visual… Read More »
EU Sanctions Iranian Airlines Over Drone Transfers to Russia
The European Union has imposed sanctions on seven individuals and seven entities, including three Iranian airlines, in response to Iran’s… Read More »
French Government Plans to Triple Aviation Taxes
The French government is expected to introduce a significant increase in aviation taxes as part of its strategy to tackle… Read More »