Europe’s aerospace technology program Clean Aviation has approved €152 million in EU funding for eight new projects that target breakthrough technologies for commercial aviation. If all public and private investments are included, the latest round totals €380 million....
Vertical Aerospace will seek new investments later this year to make sure that it is adequately funded to meet its objectives for 2024 and beyond. The Advanced Air Mobility (AAM) start-up says existing funding is sufficient for 2023 and 2024, as it has a net cash...
Norwegian low-cost airline Flyr will file for bankruptcy on Wednesday, it said tonight on its website. The carrier has been unsuccessful in raising new funding after its financial plan failed to attract investors. Flyr said on Monday that its liquidity position was...
Boeing has been awarded a contract by NASA to develop and build a demonstrator aircraft for the Transonic Truss-Braced Wing (TTBW) concept. The X-plane demonstrator should be ready for flight tests in 2028 and could pave the way for a new aircraft concept. Boeing gets...
Dutch start-up Maeve Aerospace thinks it can hit the sweet spot with its full electric 44-seater that would perfectly fit in between net zero aircraft that other OEMs are planning to bring to the market. With the potential to grow the design, the Maeve would be more...
AirInsight is the boutique aerospace media and analysis team and part of AirInsight Group LLC.
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