Deutsche Aerospace announced a launch customer for its forthcoming D328eco aircraft. The announcement came at the groundbreaking ceremony for the final assembly line for the new aircraft at Leipzig/Halle airport in Germany. The launch customer, Private Wings, placed a Letter…
NetJets, a Berkshire Hathaway company, that provides fractional business jet ownership signed arrangements with Embraer for up to 250 Praetor 500 jets, including a comprehensive services and support agreement. The transaction is valued in excess of $5 billion with aircraft…
Archer has completed the final assembly of the first Midnight aircraft and is readying the eVTOL for the first flight and test program later this summer. The vehicle will start with ground testing at the Salinas (California) test facility, where…
Turboprops, since the advent of the regional jet, have been thought of as “old technology” in the US, which drives the global market for regional aircraft. An aircraft that does not succeed in the US market will not be a…
Rolls-Royce is making “good progress” and “moving at pace” with its transformation program to make the UK engine more competitive and profitable. “Our increased focus on efficiency and simplification is helping to keep costs down and has already identified savings,”…
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