Established in 2014 through the merger of Mechtronix and OPNICUS with part of the Textron Systems division, the Textron subsidiary TRU Simulation + Training (TRY Canada) is to sell certain of its non-U.S. businesses to CAE Inc. for US$40 million excluding post-closing adjustments and subject to regulatory approval. TRU Canada is a Canadian-American manufacturer of
Brazil’s Embraer, the world’s third-largest commercial plane manufacturer, has announced it is exploring the possibility of developing a new turboprop aircraft. The initial announcement made it clear that its commercial unit is not for sale. “We are actively in discussions with (turboprop) partnerships, but I can’t go into more details now,” Commercial Aviation Chief Executive
The International Air Transport Association has announced it is moving forward with the impending introduction of its Travel Pass. This final development phase will ultimately enable countries to open up their borders to international travelers which are currently closed due to the COVID-19 pandemic. The digital health pass will support the safe opening of these
The European Union Aviation Safety Agency has confirmed that, independent of the U.S.’s Federal Aviation Administration (FAA), it anticipates lifting the grounding order on the troubled Boeing 737 MAX and certifying it as safe to take to the skies again by mid-January 2021. “We wanted to carry out a totally independent analysis of the safety
VoltAero, based in Médis, France, has been awarded an initial grant of €2.1 million (US$2.5 million) by the European Innovation Council in support of Europe’s Green Deal Strategy and Recovery Plan. The company has been identified from a total of 2,077 candidates for funding as one of several game-changing startups, having received a “seal of
The troubled Boeing 737 MAX, grounded since March last year following two fatal crashes, has finally received approval from the Federal Aviation Administration (FAA) to resume flights. However, the clearance by the FAA only covers domestic flights within the U.S. and does not include international flights, for which Boeing will now be seeking relevant authority
After more than eight months of heavily reduced demand for flights as a consequence of the COVID-19 pandemic, Europe’s second-largest low-cost carrier, easyJet, has posted an annual loss of £1.27 billion as at the end of September. However, the recent positive announcements concerning vaccines aimed at combatting the coronavirus have resulted in a 50% increase
Korean Air has announced its intention to acquire ailing Asiana Airlines (Asiana) despite strong protests from Asiana’s shareholders. Korea Development Bank (KDB) will be providing Korean Air with a loan of 800 billion won to help finance the deal. KDB is also a major creditor of Asiana. KDB hopes to finalize the deal by the
In conjunction with NASA, SpaceX, owned by Tesla car maker Elon Musk, successfully launched its Crew Dragon capsule atop a SpaceX Falcon 9 on Sunday evening, at 7.27 eastern time (0027GMT). Onboard were four astronauts bound for the International Space Station (ISS), the first to be transported to the space station by an American-built rocket
Rolls-Toyce has announced that it is to run a series of ground tests with the Trent gas turbine engine using 100% sustainable aviation fuel (SAF) at its Derby, UK premises. The fuel is being produced by World Energy, a low-carbon fuel specialist based in Paramount, California, sourced by Shell Aviation and delivered by SkyNRG. This
