Goodrich is to sell its turbomachinery products business for $83 million, generating an after-tax gain of around $90 million. Turbo Machinery Products, a new company formed by Admiralty Partners, is buying the business, which makes aerofoils, rotating components and assemblies and offers repair and overhaul services. The sale is expected to be completed in the second quarter of this year.
Source: Flight International
US electric aircraft developer Beta Technologies on 13 November completed the first flight of the innaugural Alia CX300 aircraft built on its new production line in South Burlington, Vermont.
The 200-plus old turboprops operating in Canada give Deutsche Aircraft reason for excitement.
After months of flight-testing a prototype capable of taking off and landing with 46m (150ft) of runway, US aircraft developer Electra has revealed the design for its proposed production aircraft – the EL9 Ultra Short.
