Aerospace

Spanish authorities have levied substantial fines against several budget airlines, with Ryanair bearing the brunt of a €108 million penalty for what officials deemed 'abusive' charging practices. The Dublin-based carrier leads a group of…

Elliott Management has revealed a massive £5bn stake in Honeywell International, marking its largest-ever investment whilst pushing for a significant break-up of the £164bn industrial conglomerate. The activist investor's bold move…

Rolls-Royce, the iconic British aerospace and defense company, has reaffirmed its profit guidance for 2024 despite persistent supply chain challenges plaguing the industry. This show of confidence comes as the company continues to benefit…

2024 has been an extraordinary year for Rolls-Royce (LSE:RR.) shareholders. The engineering giant has seen its market capitalization skyrocket, with the share price surging more than 80% since the beginning of the year. This impressive…

In a significant strategic shift, aerospace giant Boeing is reportedly exploring the sale of substantial portions of its space enterprise, marking a potential end to its six-decade legacy in human spaceflight. The move comes as the company…

In a significant blow to British aerospace innovation, Reaction Engines has entered administration following unsuccessful attempts to secure vital funding, marking the end of its ambitious vision to revolutionise air travel through…

In a significant setback for British aerospace innovation, Reaction Engines, the company developing a revolutionary space vehicle engine, has seen major investors drastically reduce the value of their stakes. Artemis, a prominent…

Heathrow Airport, the bustling hub of the United Kingdom, has reported a significant setback following the introduction of the £10 Electronic Travel Authorisation (ETA) fee by the Conservative government in November 2023. The airport…

The head of the UK-based company that is spearheading this development says that a cheap weapon capable of taking down multiple drones simultaneously by disrupting their electronic systems could be available next year. Alex Cresswell is…

Avation PLC (LSE:AVAP) recently made headlines with its announcement to sell two ATR 72-600 turboprop jets to an Americas-based airline, securing net proceeds of over US$10 million (£7.9 million). The commercial aircraft leasing company is…

A prototype built on Earth has helped a company that hopes to launch the world's first solar farm in space reach a crucial milestone. Space Solar, based in Oxfordshire, plans to power over a million homes with a mile-wide array of…

Vertical Aerospace in Britain, the pioneer of flying taxis, has received another £8m from the government. This brings its total taxpayer support to £37m, as it attempts to get its electric plane off the ground. The company claimed that…

When he spoke to aerospace executives and innovators at Toulouse, the French president Emmanuel Macron had a combative tone. "We have been fighting for months, saying that European sovereignty is European Unity. He told the gathering of…

Learn about potential delays in Boeing deliveries to China as safety inspections are intensified after an alarming incident. Explore the implications for the aviation industry and the hope for improved relations.

Due to the increasing geopolitical tensions, such as the conflict in Ukraine, the order books of world's largest defence companies have reached near-record highs. They have grown by over 10 percent in only two years. The analysis found…