All articles by Dominic Perry – Page 25
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NewsLilium lifted by Christmas miracle as last-minute sale agreed
Cash-strapped Lilium has agreed an unlikely last-ditch rescue, selling its German operating units to a consortium of investors just days after terminating the contracts of all its staff.
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NewsVertical’s funding worries ease with shareholder approval for Mudrick deal
UK-based Vertical Aerospace and its largest debt holder Mudrick Capital have entered into a definitive agreement over the firm’s refinancing, including $50 million in new funding, following shareholder approval for the deal.
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NewsLilium axes workforce as closure looms unless last-ditch buyer emerges
Lilium’s future is hanging by the slenderest of threads after the German electric air taxi developer laid off most of its staff on 20 December, telling them that it was ceasing operations.
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AnalysisClean Aviation readies for next phase with over €900m to invest
Even as its first tranche of projects begin to really hit their stride, the EU’s Clean Aviation body is preparing the ground for its second phase of EU funding, set to begin in February 2025.
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NewsBoeing reactivates 767 and 777 production following end of strike
Boeing has resumed production of two widebody programmes in the Pacific Northwest following the end of strike action by its machinists’ union last month.
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NewsAirbus seeks to secure A320 supply chain with transfer of work from Daher
Airbus has begun negotiations over the transfer of aerostructures work on the A320 family from current provider Daher.
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NewsMTU appoints Bussmann to succeed departing chief Wagner
Munich-headquartered propulsion specialist MTU Aero Engines has selected Dr Johannes Bussmann to succeed Lars Wagner as chief executive.
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NewsBell picks Fort Worth site for new FLRAA parts manufacturing plant
Bell is to establish a new component manufacturing facility in support of the US Army’s Future Long Range Assault Aircraft (FLRAA) programme in Fort Worth, Texas.
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NewsMTU Aero Engines buys sensor and automation specialist 3D.aero
MTU Aero Engines is to acquire Hamburg-based automation and measurement technology specialist 3D.aero from its trio of current shareholders for an undisclosed amount.
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NewsAvincis outlines plans for new ‘training centre of excellence’
Portugal-headquartered emergency aerial services operator Avincis has begun exploring locations for a new training centre to support ambitious growth plans.
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NewsZeroAvia flags possible fuel cell powertrain slip but sees near-term boost from electric motor
ZeroAvia’s ZA600 hydrogen fuel cell powertrain may not enter service before 2027, according to the latest certification timeline disclosed by the UK-US developer.
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NewsRolls-Royce closes on US certification for crucial Trent 1000 upgrade
Rolls-Royce says it has completed all the “major flight tests” necessary for US certification of a critical performance upgrade for its Trent 1000 engine.
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NewsP&W gains US approval for PW1100G-powered A321XLR
Pratt & Whitney’s PW1100G geared-turbofan engine has been approved by the US Federal Aviation Administration to power the Airbus A321XLR.
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NewsNHV wins windfarm work with H175
Long-term customer NHV Group is to begin offshore windfarm support operations with the Airbus Helicopters H175 – the first time super-medium-twin has been used for the role in the North Sea.
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NewsBusiness transformation pays dividends for Offshore Helicopter Services
Contract renegotiations, increased fleet utilisation and an efficiency drive saw Offshore Helicopter Services UK (OHS) deliver an improved performance in its latest financial year.
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NewsBahrain picks H145 for law-enforcement missions
Bahrain is to acquire nine Airbus Helicopters H145s for law-enforcement and medical-services missions.
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NewsBristow Ireland completes first SAR tasking following start of Shannon operations
Bristow Ireland has completed its first tasking, days after operations on the country’s new helicopter search and rescue (SAR) contract went live.
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NewsBristow and Beta sign up for Norwegian cargo flight tests
Norway is to establish an international test facility for zero- and low-emission aircraft that could see trials of cargo flights take place between Bergen and Stavanger in the second half of next year.
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NewsOpen-rotor concept in line for Clean Aviation flight-test funding
Safran and CFM International look set to benefit from the first round of Clean Aviation’s second phase, which proposes to fund the flight demonstration of an open-rotor engine.
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NewsEcoPulse partners hail ‘major milestone’ and weigh next moves
Following the end of flight testing, three partners behind the EcoPulse hybrid-electric aircraft demonstrator are already contemplating next steps, with a series of follow-on projects to debut next year.