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RTX's Ascentia to Receive Significant Upgrades

04/12/2024 | RTX
Collins Aerospace, an RTX business, will introduce two major upgrades to the Ascentia software platform. Ascentia is a software solution for aircraft reliability management that is designed to streamline operations, enhance decision-making and predict future events.

Airbus Forecasts North America’s Commercial Aircraft Services Market Value at $45B by 2042

04/08/2024 | Airbus
North America’s commercial aircraft services market will grow to US$45 billion from US$31 billion today (a 45% increase) by 2042 according to Airbus’ latest Global Services Forecast (GSF).

TT Electronics Receives UK Government Funding for Sustainable Aviation Technology Development

03/20/2024 | TT Electronics
TT Electronics, TT Electronics, a leading provider of custom power solutions and engineered technologies, is delighted to announce it has received a substantial funding award as part of a £200 million joint government and industry investment plan to boost British manufacturing and R&D.

Bell Announces Bell 505 Dealership Agreement with Chinook Helicopters

02/29/2024 | Bell Textron Inc.
Bell Textron, a Textron Inc. company, announced during the HAI Heli-Expo 2024 held in Anaheim, California, that it has appointed Chinook Helicopters as an authorized Bell 505 dealership serving western Canada. “With our 42-year history of flying Bell helicopters, we are enthusiastic about our relationship with a world-leading aircraft manufacturer and genuinely thrilled to be working alongside them,” said Cathy Press, CEO, Chinook Helicopters.

Major Investors Expect First Commercial eVTOL Passenger Routes to be Operational by 2026

02/28/2024 | Globe Newswire
New Horizon Aircraft Ltd., doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”), a leading hybrid electric Vertical TakeOff and Landing (“eVTOL”) aircraft developer, publishes new global research* that indicates global investors are anticipating the first commercial passenger routes of electric Vertical Takeoff and Landing (eVTOL) aircraft to be operational in the next few years as the Future Air Mobility market continues to advance rapidly.
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