David McBride has been appointed Chief Technology Officer (CTO) for Supernal LLC – Hyundai Motor Group’s Advanced Air Mobility (AAM) company. McBride will lead Supernal’s technology strategy and vehicle development, reporting to CEO, Jaiwon Shin. “Following the debut of our product concept earlier this year, Superal has entered a new phase of our advanced air
Rolls-Royce has announced significant investments in its assembly, test and shop visit capacity in the UK and Germany to address the increasing long-term demand for new civil large engines and enhance customer aftermarket support services for its global Trent engine fleet. According to projections outlined at last year’s Capital Markets Day, Rolls-Royce anticipates an annual
Willis Lease Finance Corporation (WLFC) has posted annual total revenues of US$418.6 million and pre-tax income of US$67.1 million. Lease rent revenue increased by US$50.6 million, or 31.1%, to US$213.1 million in 2023, compared to US$162.6 million in 2022, primarily reflecting an increase in the number of engines acquired and placed on lease, including growth
Airbus has launched the OpenCargoLab, a collaborative initiative with leading partners from the airline, logistics and handling sectors, focusing on the entire airfreight ecosystem. The collaboration involves a team of experts from CHAMP Cargosystems, Fraport, KLM Cargo, Kuehne+Nagel and Swissport. Together, the partners will work to drive digital, resource-saving concepts, contributing to more resilient and
Textron Aviation has been awarded a contract by the U.S. Army Contracting Command, Redstone Arsenal, AL, for two Cessna Grand Caravan EX turboprop aircraft. The aircraft will be owned and operated by the Djiboutian Air Force (DAF). This acquisition is the third delivery order under a recently established indefinite delivery, indefinite quantity (IDIQ) contract that allows up to
Honeywell will supply 105 T55-GA-714A engines to support Germany’s procurement of new CH-47F aircraft, the country’s first fleet of Chinook helicopters. This sale supports Honeywell’s alignment with the compelling megatrend of the future of aviation. “The German army’s selection of the CH-47F Chinook helicopter is a testament to the reputation of not just the CH-47F, but also the
The Federal Aviation Administration (FAA) is set to distribute US$970 million from President Biden’s Bipartisan Investing in America agenda to 114 airports across the country, covering 44 states and three territories. This announcement, part of the Administration’s Investing in America tour, fulfils President Biden’s commitment to rebuilding the nation’s infrastructure, lowering costs for families, creating
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
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
DHL Global Forwarding, the air and ocean freight specialist of DHL Group, and Fraport AG, the owner and operator of Frankfurt Airport (FRA), have officially began construction of a new air freight centre at Frankfurt Airport. Tobias Schmidt, the CEO of DHL Global Forwarding Europe, and Anke Giesen, Fraport AG’s Executive Director Retail and Real
