Sweden has signed deals with Finland’s ICEYE and Planet Labs of the USA to field a space-based intelligence, surveillance and reconnaissance (ISR) capability from later this year. “In 2026, the first of about 10 Swedish satellites will be delivered to the... See more
Bruno Even has stepped down as chief executive of Airbus Helicopters, effective from 1 April, to be replaced by Matthieu Louvot, currently executive vice-president for strategy at the wider Airbus group. Louvot has previous management experience in Airbus... See more
Airbus delivered 793 commercial aircraft last year, just above its target of 790 – although this had been a downward revision of its original aim of 820 . The airframer took gross orders for exactly 1,000 aircraft, with a net figure of 889. Airbus managed... See more
Insolvency specialists handling the collapse of Eastern Airways are hopeful the carrier can live on, at least in some form, through a rescue of sister company Air Kilroe, which held the carrier’s fleet and air operator’s certificate (AOC), among other ass... See more
Major US defence manufacturers maintain optimistic financial outlooks despite a White House threat to punish firms for purchasing their own shares in public markets. Companies use stock buybacks, also called share repurchases, to boost their stock’s value... See more