All articles by Pilar Wolfsteller – Page 2
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News
Textron’s first Cessna Citation Ascend conforming airframe takes flight
The first certification-conforming production airframe of Textron Aviation’s Cessna Citation Ascend has completed its maiden flight.
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News
Archer’s Midnight transitions from hover to forward flight
Air taxi developer Archer Aviation’s Midnight electric vertical take-off and landing (eVTOL) aircraft has transitioned from hover to forward flight and back again for the first time last week.
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Lilium spends €94.7 million in first quarter and raises money from three sources
German air taxi developer Lilium reported “significant progress” on both fundraising as well as engineering milestones in the first quarter of 2024 as it spent €94.7 million ($102 million).
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News
General Atomics AeroTec Systems plans first of 25 Do 228 NXT deliveries next year
General Atomics AeroTec Systems is planning to build at least 25 of the latest NXT variant of the Dornier 228 after it acquired the programme from Switzerland’s RUAG Aerospace Services.
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Aviation industry accelerates push to reach net-zero as 2050 target looms large
With aviation just 26 years away from its self-imposed deadline of reaching net-carbon-neutrality, the notoriously slow-moving sector is now taking bolder, more concrete steps to develop technologies and lobby for regulatory change.
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FAA extends slot waivers at New York-area airports through October 2025
The Federal Aviation Administration will extend a waiver for airlines’ slot usage at busy airports in the Northeast USA through the end of the northern hemisphere’s summer travel season next year.
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News
Lufthansa Technik hands over third government Airbus A350 to German air force
Lufthansa Technik officially handed over the third and final Airbus A350 government aircraft to the German Air Force at the ILA Berlin 2024 trade show on 5 June.
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AAM start-up Volocopter secures new funding from investors
German air taxi developer Volocopter has secured new funding just weeks after chief executive Dirk Hoke had raised the prospect of insolvency for the start-up.
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Scholz underlines Germany’s commitment to defence spending
Chancellor Olaf Scholz underscored Germany’s commitment to its national defence as well as that of its alliance partners in the wake of Russia’s military aggression on the continent.
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Pilatus takes stake in solar fuels manufacturer Synhelion
Swiss airframer Pilatus Aircraft has taken an equity stake in solar fuels manufacturer Synhelion as it seeks to support the production and global supply of sustainable aviation fuel (SAF).
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News
Mexicana orders 20 Embraer E2 aircraft
Mexicana de Aviacion, Mexico’s new government-run carrier, has placed an order for 20 Embraer E2 narrowbody aircraft, making it the first customer of the type in that country.
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News
JetBlue second-quarter capacity and revenue to decline less than previously expected
JetBlue Airways has revised its second quarter capacity and revenue guidance as it claims “strong operational performance” so far during the second three-month period of 2024.
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News
Spirit Airlines names Brian McMenamy as its new financial chief
Spirit Airlines has named Brian J. McMenamy as new chief financial officer after the company’s previous CFO Scott Haralson resigned to pursue another opportunity at ”a larger, publicly traded company outside of the airline industry”.
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News
Textron Aviation marks production of 400th Citation Latitude
Textron Aviation has marked the production of its 400th Citation Latitude and unveiled Garmin 5000-based enhancements.
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News
Gol submits five-year financing plan as part of restructuring
Brazilian airline Gol has submitted a five-year financial plan to a US court as part of its bankruptcy proceedings that calls for refinancing $2 billion in debt, an equity raise, and new deals with aircraft lessors.
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News
Brazil’s Gol and Azul strike codeshare deal for domestic routes
Brazilian carriers Gol and Azul have agreed to connect their networks through a codeshare partnership for domestic flights.
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Analysis
Why Volocopter chief executive Dirk Hoke is ready to lead eVTOL revolution
Volocopter chief executive and former Airbus Defence & Space boss Dirk Hoke is bringing advanced air mobility to the masses – with or without a Paris Olympics appearance.
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Analysis
How Germany’s civil aerospace sector is transforming for clean future
Still facing labour and supply chain challenges, German aerospace manufacturers are hoping to advance initiatives that will propel them to the top of the sustainable aviation sector.
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News
LATAM Airlines Group first-quarter profit reaches $258m
LATAM Airlines Group reported a first-quarter profit of $258 million, a record for the period, profiting of ongoing strong demand during Latin America’s high travel season.
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News
Air Canada lost C$81m in first quarter as costs rose
Air Canada lost C$81 million ($59 million) in the first quarter of 2024 as higher costs related to increased capacity, and less cargo revenue, weighed on the company.