Follows German parliament´s Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraise
Company was also unable to reach an agreement in principle with Bavarian government to guarantee a €50 million loan
Application for self-administration proceedings driven by insolvency at Lilium subsidiaries in Germany
D.O.M. News
10/29/2024 - 08:59
The Honorable John Goglia, president of the Aerospace Maintenance Council and former National Transportation Safety Board member, is announced as one of six inductees in the 2025 class of the National Aviation Hall of Fame.
10/24/2024 - 09:02
The National League of Cities (NLC) launches a national Aviation Advisory Forum on Air Mobility and Drone Integration. The Aviation Advisory Forum will bring together local government leaders to provide timely and strategic advice to the federal government and aviation industry on efforts to integrate advanced air mobility (AAM) like air taxis and drones into U.S. airspace and communities across the country. Mayor Buddy Dyer of Orlando, FL, and Mayor Lilly Wu of Wichita, KS, will serve as co-chairs.
10/24/2024 - 08:33
Embraer announces the expansion of its maintenance, repair and overhaul (MRO) services network in a new partnership with Gama Aviation. The MRO located in Bournemouth, UK, will be part of the Embraer Authorized Service Center network.
10/24/2024 - 08:14
Universal Avionics (UA) introduces a new and improved level of safety with augmented reality (AR), leveraging AI processing across product lines to enhance situational awareness and efficiency for flight operations. Universal’s newest Aperture solution intelligently fuses real-time video analysis from multiple cameras and AI-powered insights, integrated with ADS-B information, audio assistance, and other sensors, to provide a comprehensive image with visual instructions displayed directly to cockpit and head-up displays.
10/24/2024 - 07:58
Collins Aerospace, an RTX (NYSE: RTX) business, is expanding its executive aircraft seating facility in Medley, FL. The $2 million investment doubles the facility’s upholstery production floor space to 30,000 square feet and adds state-of-the-art machining equipment that improves production efficiencies, enhances capabilities and reduces material waste.
10/24/2024 - 07:42
Supernal LLC — Hyundai Motor Group’s (HMG) advanced air mobility (AAM) company — and Clay Lacy Aviation announce a partnership at 2024 NBAA-BACE to prepare Clay Lacy’s fixed-base operator (FBO) locations for electric vertical and take-off landing (eVTOL) operations. This marks Supernal’s first official FBO partnership, which will benefit future operators of the company’s eVTOL vehicles.
10/24/2024 - 07:29
Precision Aviation Group, Inc. (PAG), a provider of maintenance, repair and overhaul (MRO) and value-added services to the global aerospace and defense industries, acquires ICON Aerospace (ICON) and TAG Aero (TAG). These strategic acquisitions significantly enhance PAG’s avionics and engine services capabilities while broadening its product offerings for the airline market.
10/22/2024 - 18:20
PS Engineering finds a way to fill a space the market has neglected — legacy jet audio systems — and introduces the PAC37, the only truly direct plug-and-play replacement for many of the Baker series 1045 analog audio panels.
10/17/2024 - 11:42
The National Business Aviation Association (NBAA) announces it will bestow its 2024 Dr. Tony Kern Professionalism in Aviation Award to 13 individuals who continually demonstrate outstanding professionalism and leadership that drives business-aviation safety. The peer-nominated award recognizes individual pilots, maintenance technicians, flight attendants, dispatchers and other aviation professionals who excel in leadership in the areas of professional ethics, vocational excellence, continuous improvement, professional engagement, professional image and selflessness.
10/15/2024 - 15:05
Gogo Inc. (NASDAQ: GOGO) (“Gogo” or the “Company”) and Satcom Direct announce entry into a definitive agreement under which Gogo will acquire Satcom Direct to create the only in-flight connectivity provider able to satisfy the performance and cost needs of every segment of the global business-aviation (BA) and military/government mobility markets.
10/15/2024 - 14:14
Satcom Direct, a business-aviation solutions provider, announces that its advanced technology Plane Simple® Ku-band tail-mount terminal is now available through Gulfstream for Gulfstream G650, G650ER, G500 and G600 production aircraft. The first G600 equipped with the advanced tail mount connectivity system has been delivered, and additional Gulfstream aircraft installations are already in progress.
10/15/2024 - 13:58
Veryon, a provider of information services and software solutions for the aviation industry, announces its upcoming attendance at the 2024 National Business Aviation Association's (NBAA) Business Aviation Convention and Exhibition (BACE), taking place on Oct. 22-24 in Las Vegas, NV, at the Las Vegas Convention Center.
10/11/2024 - 08:02
Nimbl congratulates its VP of Strategic Partnerships, Clément Meersseman, who has been selected as a recipient of the National Business Aviation Association’s prestigious Top 40 Under 40 award. The NBAA Top 40 Under 40 spotlights trailblazing young business-aviation professionals who demonstrate impressive leadership skills, innovative thinking, and the willingness to challenge the norm and break through industry barriers. This is the sixth consecutive year the awards have been presented to emerging leaders who are helping shape the future of business aviation.
10/10/2024 - 12:46
INGENIO Aerospace (INGENIO), a provider in innovative product design and manufacturing for business, commercial and military aviation, announces that it has earned Transport Canada Civil Aviation (TCCA) supplemental type certificates (STCs) for the integration of its Cockpit Tablet Electronic Flight Bag (EFB) on Bombardier Global series and Challenger 600 series aircraft.
10/10/2024 - 12:22
Aero Star Aviation announces significant expansion with its move to two larger hangars at Dallas Love Field (DAL), one of the busiest airports for corporate aviation travel. With this new expansion, Aero Star adds technical training space, luxury areas for clientele, and additional space for special projects, ensuring each of its clients receives a superior experience.
10/08/2024 - 13:08
Plane Place Aviation announces the addition of Challenger 604, 605 and 650 to its growing list of maintenance capabilities, which already includes Challenger 300 and 350. The additional capabilities expand the reach of Plane Place’s already established support for Hawker and Citation models.
10/08/2024 - 12:43
VIP Completions, provider of custom aircraft completions and refurbishment services, and ARRCC, an interior design and décor studio, unveil the interior of a completely refurbished Dassault Falcon 7X. Acquisition of the aircraft was brokered by VIP Completions’ sister company SmartJets, a turnkey aircraft dealer-broker.
10/03/2024 - 10:38
Registration is open for Concorde’s January 2025 Virtual IA Renewal Series. Now in its fifth year, the Virtual IA Renewal Series features maintenance training seminars focused on three disciplines: Piston Engine Starting, Turbine Engine Starting, and Rotorcraft. These courses are geared to engage and educate attendees worldwide.
10/02/2024 - 09:22
Veryon, a provider of information services and software solutions for the aviation industry, announces that its Veryon Diagnostics platform has been honored with the prestigious Silver Merit Award for Technology in the 2024 Best AI Product or Service category. The platform delivers game-changing AI solutions for aviation maintenance with the combined power of its Defect Analysis and Guided Troubleshooting tools in a single, seamless software solution.