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DEFENSE AND SPACE
Raytheon Technologies | July 28, 2022
Raytheon Technologies' corporate venture capital group, RTX Ventures, signed an agreement to invest in VerdeGo Aero to accelerate the development of hybrid-electric propulsion technologies for advanced air mobility applications. This investment will also provide opportunities for VerdeGo Aero to collaborate with Pratt & Whitney on future product development. Established in 2017, the Daytona Beach, Fla.-based company specializes in delivering powerplants that efficiently co...
The Business Research Company | July 04, 2022
The aerospace plastics market consists of sales of aerospace plastics by entities that provide durability, chemical, and fire resistance required for aircraft parts and interiors. Aerospace plastics are long-lasting and require less maintenance than other materials. These are lightweight, provide the same strength as metals, do not rust, and are easy to fabricate. The global aerospace plastics market size is expected to grow from $0.67 billion in 2021 to $0.71 billion in 2022 at a...
COMMERCIAL AVIATION
United Airlines | November 03, 2022
United Airlines today announced the launch of Calibrate, an in-house apprenticeship program that will help grow and diversify its pipeline of Aircraft Maintenance Technicians (AMTs). The inaugural class starts next week in Houston as the airline plans to train more than 1,000 people at about a dozen locations by 2026, with the goal of at least half being women or people of color. Calibrate is a 36-month program in which participants "earn and learn" getting paid while completing the fu...
Jet Edge | January 24, 2022
Signature Aviation, the world’s largest network of Fixed Base Operations (FBOs), and Jet Edge International, a leader in full-service global private aviation, have signed an agreement to occupy Signature’s East facility at Teterboro Airport (TEB) in New Jersey. The New York City area base will grant Jet Edge charter program members, aircraft owners, and its fleet access to dedicated hangar and maintenance space at one of the world’s busiest private aviation airports. Read More
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