SIA Engineering fell into the red for its full-year financial results, saying that the aerospace industry’s path to recovery is “still fraught with risks”, including the emergence of new coronavirus strains and a resurgence in virus cases.  SIA Engineering fell into the red for its full-year financial results, saying that the aerospace industry’s path to...Continue Reading

Long-time tactical drone maker AeroVironment has completed its acquisition of ground robot manufacturer Telerob for $45.4 million in cash and a pay-off of $9.4 million of the firm’s debt. Long-time tactical drone maker AeroVironment has completed its acquisition of ground robot manufacturer Telerob for $45.4 million in cash and a pay-off of $9.4 million of...Continue Reading

Malaysia Airlines has the option of extending lease rental deferrals into 2022 if the market for air travel does not recover quickly enough. Malaysia Airlines has the option of extending lease rental deferrals into 2022 if the market for air travel does not recover quickly enough. “We have power-by-the-hour arrangements for our fleet for the...Continue Reading

Allegiant Travel Company, the parent of ultra-low-cost carrier Allegiant Air, turned a slim profit in the first three months of the year as the company prepares for a busy summer with a “bullish” outlook. Allegiant Travel Company, the parent of ultra-low-cost carrier Allegiant Air, turned a slim profit in the first three months of the...Continue Reading

Dassault Aviation has flown the second flight-test Falcon 6X, with the new twinjet making a 2h sortie from the airframer’s Merignac production site near Bordeaux on 30 April. Dassault Aviation has flown the second flight-test Falcon 6X, with the new twinjet making a 2h sortie from the airframer’s Merignac production site near Bordeaux on 30...Continue Reading