Slimming down to a bizjet maker with $9 billion in debt could have imperiled Bombardier, but the OEM is showing resiliency, Brian Foley Associates said.
The FAA is proposing stricter limits on helicopters with a radio altimeter operating in the presence of possible 5G C-band radio frequency interference.
NBAA and NATA are concerned that the current SMS proposal may be too rigid for a large swath of operators and are asking for more time and flexibility.
Japan's Sumitomo Mitsui Finance and Leasing Company now has a 35 percent stake in LCI, which plans to diversify its portfolio to include new eVTOL aircraft.
Merlin, a Boston-based company developing 'drop-in' autonomy kits for legacy fixed-wing aircraft, has received a $1 million contract from the FAA to demonstrate its autonomous flight technology with flight trials in Alaska.
The development of training equipment hinges on pending decisions from air safety agencies regarding their requirements for flight crew operating the new, as-yet-uncertified aircraft.
The FAA has awarded $19 million in research grants to 14 universities in an effort to reduce noise pollution associated with aviation and advanced air mobility.