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Norwegian Air Shuttle

Norwegian achieves record operating profit of NOK 2.23 billion

Norwegian Air Shuttle (Norwegian) has reported its fourth-quarter and preliminary full-year results for 2023, revealing a strong operating profit of NOK 2.23 billion. The full-year operating profit marks the highest in the company’s history, showcasing Norwegian’s capability to deliver robust results by strategically adjusting capacity during the quieter winter period. The airline maintained its position

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Rendering of vertiport for Lilium Jet operators

Lilium designates Orlando, Florida, vertiport as key network hub

Lilium N.V., developer of the all-electric vertical take-off and landing (eVTOL) Lilium Jet and global pioneer in regional air mobility (RAM), has announced its designation of the future Orlando International Airport (MCO) vertiport as a network hub for Lilium Jet operators in central Florida. Lilium also announced its support for Florida House Bill 981, which

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The Piper M700 Fury will be powered by P&WC's PT6A-52 engine

Pratt & Whitney PT6A-52 engine to power new Piper M700 Fury

Pratt & Whitney Canada’s PT6A-52 engine has been selected by Piper Aircraft for the Piper M700 Fury aircraft. This is the first time the PT6A-52 engine will be used to power a single-engine turboprop. Pratt & Whitney collaborated closely with Piper to incorporate a pioneering electronic low-oil-level indicator into the new Piper M700 Fury, marking the

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Thales, Honeywell, Ricaro Aircraft Seating and FACC have been named suppliers for Eve's eVTOL aircraft © Eve

Eve names four additional suppliers for its eVTOL aircraft

Eve Air Mobility (Eve) has named four additional suppliers for its eVTOL aircraft. Thales will supply a proven air data solution, comprising sensors and a computer while Honeywell will supply guidance, navigation and external lighting for the aircraft. RECARO Aircraft Seating will supply the eVTOL’s seats and FACC will supply the horizontal and vertical tail

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Rcapital has completed the acquisition of aerospace and defence engineering business, FGP Group © Rcapital

Rcapital acquires aerospace and defence engineering business FGP Group

Private investor Rcapital has completed the acquisition of aerospace and defence engineering business, FGP Group. The deal will mean that over 200 jobs in Dorset, UK, are protected. The Group comprises Weymouth-based FGP Systems Limited, a precision engineering business which provides very high-tolerance machining, turning and fabrication services to blue-chip aerospace and defence customers, and FGP

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RUAG Group

Pilatus takes over RUAG Aerostructures’ business in Emmen

In mid-January, RUAG Aerostructures Switzerland and Pilatus Aircraft reached an agreement on the sale of the machine park and the transfer of all employees. The sale to Pilatus is part of the strategic goals for RUAG International set by the Federal Council. RUAG Aerostructures Switzerland is one of the world’s leading manufacturers and suppliers of

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Aergo Capital and Acumen Aviation forge strategic alliance

Aergo Capital (Aergo) and Acumen Aviation (Acumen) have announced a dynamic collaboration aimed at elevating the scope of aviation asset and investment management services for their esteemed investor base. This strategic partnership capitalises on the extensive knowledge and decades of experience inherent in both organisations, presenting a holistic and more thorough and comprehensive approach to

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Phil Jasper

Phil Jasper named President of Raytheon

Raytheon Technologies Corporation (RTX) has officially announced the appointment of Phil Jasper as the new President of Raytheon. Jasper, a seasoned aerospace and defence professional with 31 years of experience, will report directly to Christopher T. Calio, the President and Chief Operating Officer of RTX. He will be taking over from Wesley D. Kremer, who

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