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Urban Aeronautics | November 10, 2021
Urban Aeronautics, the Israel-based aerospace company behind CityHawk, the advanced, compact eVTOL (electric vertical takeoff and landing vehicle) with a distinct, wingless exterior and patented fully-enclosed Fancraft™ rotor system, today announced a new partnership with Universal Avionics, an Elbit Systems company and a leading manufacturer of innovative commercial avionics systems. The innovative partnership will feature Universal Avionics' ClearVision™ Enhanced Flight Vision ...
Aviation Technology
Kaman | May 30, 2022
Kaman Corporation announced that it has entered into a definitive agreement with Parker-Hannifin Corporation under which Kaman will acquire Parker’s aircraft wheel & brake division for $440 million, subject to a customary working capital adjustment and the receipt of all necessary regulatory approvals (the “Transaction”). Parker is divesting Aircraft Wheel & Brake in order to secure approval from certain governmental authorities in connection with Parker’s previou...
Alaska Airlines | July 06, 2020
Alaska Airlines has raised over $1.1 billion through the issuance of Equipment Notes secured by 61 aircraft. The airline will use the money for general corporate purposes to help it weather the current crisis. This comes as the airline charts a path forward to remain competitive and preserve liquidity....
Aerospace
magniX | November 07, 2022
magniX, a manufacturer of electric propulsion solutions for aviation, is pleased to have powered the first fully-electric helicopter flight between airfields, in partnership with Tier 1 Engineering. The modified electric Robinson 44 (eR44) helicopter powered with a magniX magni250 electric propulsion unit (EPU) made its historic journey from Jacqueline Cochran Regional Airport to Palm Springs International Airport, arriving on 29 October 2022 at 11:00am PST, in a flight that lasted approximately...
Air Transport
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