Babcock Onshore

Boeing | July 10, 2020

American Airlines executives have told Boeing they will not take delivery of 17 737 Max airplanes unless the carrier can secure financing to pay for the aircraft, people familiar with the discussions told CNBC. The 17 Max planes are already built, but will not be delivered until the Federal Aviation Administration recertifies the aircraft and removes a grounding order, which is expected to happen later this summer or by early fall....

Air Transport

magniX | December 08, 2021

magniX, the company powering the electric aviation revolution, has been selected by Tier 1 Engineering, specialists in the design & development of electric aircraft, to provide magniX electric propulsion units (EPUs) for the clean delivery of life-saving organs. Tier 1 is developing the electric helicopter, by modification of the Robinson R44, for launch customer Lung Biotechnology PBC, which plans to acquire a fleet of aircraft to fly transplant organs. Tier 1 Engineering wil...

Aerospace

United Airlines | December 01, 2022

United Airlines today announced a strategic equity investment in Natron Energy, a battery manufacturer whose sodium-ion batteries have the potential to help United electrify its airport ground equipment like pushback tractors and operations at the gate. United has made substantial investments in companies developing technology to reduce aircraft emissions, but Natron is the first that has the potential to reduce the greenhouse gas footprint from United's ground operations. United Airlines Ve...

Defense and Space

Virgin Galactic | July 11, 2022

Virgin Galactic an aerospace and space travel company announced an agreement with Aurora Flight Sciences a Boeing company, to partner in the design and manufacturing of the Company’s next generation motherships. The mothership is the air launch carrier aircraft in Virgin Galactic’s space flight system, that carries the spaceship to its release altitude of approximately 50,000 feet. Headquartered in Virginia, Aurora brings more than 30 years of experience building cutti...