VENTURE CAPITAL POST

The FAA has opened an investigation into Boeing over concerns that counterfeit titanium, verified with fake documentation, may have been installed in some of their planes, potentially affecting structural integrity.

Boeing and Airbus are under FAA investigation over allegations of using counterfeit titanium that risks the safety and integrity of critical components.

At the ILA Berlin Air Show, Airbus revealed the 'Wingman' drone concept, poised to revolutionize aerial warfare tactics by serving as an unmanned escort for manned fighter jets.

Airbus CEO Guillaume Faury has called for Europe to increase its investment in defense production.

Saudia Group has placed a historic order for 105 Airbus narrow-body aircraft, valued at $19 billion. Deliveries will start in 2026 and conclude in 2032.

Comac, thanks to the success of its C919 narrowbody aircraft, ventures into developing the C939 widebody jet to challenge Boeing and Airbus.

Robin Hayes, former CEO of JetBlue, will now serve as the head of Airbus' North American operations.

Boeing is in talks to repurchase Spirit AeroSystems, the manufacturer of fuselages for its 737 Max jets, as both companies address manufacturing flaws in the aircraft.

Due to the increased sale of Airbus superjumbo A380, the company's earnings rose to 1.6% last year. The aircraft maker is hoping another boost in its earnings this year because of the overwhelming order bookings from different countries.

Airbus just can't get enough of its overflowing orders. The aircraft maker needs to have a double time production to meet its deadline for delivery and to cater other orders from other countries. Spring Air, one of the clients, ordered 60 Airbus A320neos and wants more. It asked Airbus to make more aircraft as China needs them.

Rolls-Royce halved its dividend payment to shareholders this year. However, many were relieved to get a dividend amount itself, especially since the company had issued five profit warnings in two years. Despite a fall in profit by 12%, the company shares jumped 13%.

Airbus partnered with Uber to provide on-demand helicopter rides to people using its H125 and H130 choppers.

After the cancellation of short-term credit facility from Citigroup, South African Airways is in the process of getting guarantee support from the government. South African Airways has had seven CEOs during the past three years. The National Treasury is exploring ways to restore financial support to the airline and will restructure the board as well.

American billionaire, Robert Bass, established Aerion in 2004. The company with engineering support from Airbus will formally launch the AS2 program next year. Currently, the Reno,based company is searching for manufacturing facility to start building its Aerion supersonic jet. This will become new supersonic jet after Concorde retirement in 2003.

Quebec is reacting positively to its decision of supporting Bombardier Inc with $1-billion lifeline. Quebec says its decision wouldn't attract any trade dispute from the competitors of Canadian airline.