Heico Corp.’s commercial aviation-focused Flight Support Group (FSG) has posted its fourth straight quarter of revenue growth, adding another data point that suggests increased flying is translating into a broader aftermarket recovery.

As it heads toward a Sept. 14 shareholder vote on its merger with blank-check company Atlas Crest Investment, urban air mobility startup Archer has teamed with parking-garage operator Reef Technology to establish rooftop vertiport locations in U.S. cities.

Startup HyPoint has entered into a $6.5 million collaborative agreement with Piasecki Aircraft to develop a hydrogen fuel cell propulsion system for electric vertical takeoff and landing vehicles.

Dublin-based Emerald, newly appointed as an Aer Lingus franchise carrier, is ultimately planning to operate a fleet of 15 ATR 72s from four bases across the island of Ireland.

EASA has certified versions of the A330-800 and -900 that are significantly lower weight than the in-service A330neo fleet that can lead to a significant reduction in operating costs for airlines, making the aircraft more attractive to operators that don’t need the long-range capabilities.

As it prepares to begin a financial restructuring, Philippine Airlines has pushed out deliveries of new aircraft from Airbus to “align with the forecasted recovery of travel demand.” 

Lynne Hopper, a central figure in the 737 MAX recovery effort, has been named the new vice president and general manager of Boeing Commercial Airplanes' recently centralized Engineering Strategy & Operations (ES&O) group.

Europe’s slow recovery is being offset by increasing headwinds in Asia, creating a mixed near-term outlook for some aftermarket providers, Bank of America analysts report.