European start-up Heart Aerospace is planning to certify its battery-powered, full electric ES-19 regional aircraft under a higher weight category than originally planned. This change allows it “to optimize the product, reduce regulatory risk, and increase the...
UPDATE – SAS is seeking to raise at least SEK 9.5 billion in new equity capital and convert SEK 20 billion in debt and bonds into common shares as part of its FORWARD transformation plan. The capital raise was announced on May 30 during an update of the plan and...
SAS is having great difficulty in getting support for its SAS Forward transformation plan from key stakeholders. It risks ending up in a court procedure as negotiations have been unsuccessful so far, the airline said on April 29 in a media statement. SAS...
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