Viasat has entered into a definitive agreement to acquire Inmarsat for $7.3 billion, in a deal that the California-based satellite communications believes will help to serve the surging growth of passenger demand…
Higher commercial aircraft deliveries helped Airbus achieve a net income of €2.635 billion ($3.055 billion) for the first nine months of 2021 compared to the COVID-19 Pandemic-fueled €2.686 billion ($3.114 billion) loss the…
German urban air mobility developer Volocopter has established a new partnership with the largest airport operator in Italy in an effort to start developing the infrastructure that will enable electric vertical takeoff…
Embraer's electric vertical takeoff and landing (eVTOL) subsidiary Eve Air Mobility will start operating an Urban Air Mobility (UAM) simulation with six passenger-carrying flights a day from Barra da Tijuca to the…
With just over two years remaining until Archer Aviation's goal of having a four-passenger electric vertical takeoff and landing (eVTOL) ready for a commercial launch by 2024, the California-based startup will need…
Boeing executives provided several program updates for three of their flagship commercial aircraft programs including the 737 MAX, 777X and 787 as the manufacturer reported $15.3 billion in third-quarter revenue on Wednesday,…
Raytheon Technologies on Tuesday posted higher sales and net income in the third quarter driven by a rebound in the aftermarket business for commercial aircraft and strong results in its defense businesses,…
Alaska Air Group, the parent company of Alaska Airlines, has partnered with ZeroAvia under a collaboration that will develop a hydrogen-electric powertrain capable of flying a 76-seat regional aircraft with a range…