Kumho Industrial has reportedly decided to sell its entire stake in Asiana Airlines as part of its plans to secure liquidity and improve its financial structure.
Boeing has signed a Statement of Strategic Intent to help the Australian Space Agency in its efforts to grow the country’s space industry.
Air New Zealand has formed a digital partnership and installed a 3D-printed part on its Boeing 777-300 aircraft.
Honeywell has signed a collaborative agreement to test and develop new navigation and automatic landing systems for Germany-based Volocopter's vertical takeoff and landing (VTOL) air taxis.
US-based ExoAnalytic Solutions has partnered with NorthStar Earth & Space (E&S) to provide space situational awareness (SSA) information to address the threat of space debris.
North American seaplane airline Harbour Air has partnered with magniX to transform its seaplanes into an all-electric commercial fleet powered by the magni500 750HP all-electric motor.
The European Commission (EC) has given conditional approval for US aircraft parts maker Spirit AeroSystems’ $650m planned acquisition of Asco Industries.
The Japan Aerospace Exploration Agency (JAXA) has reached an agreement with Toyota to cooperate on the development of a manned, pressurised lunar rover.
Brazilian carrier Azul has entered a non-binding agreement to acquire certain assets of bankrupt airline Avianca Brasil in a $105m transaction.
Boeing has purchased mobile and web-based aviation applications developer ForeFlight for an undisclosed amount.