A South Korean team including an airport operator, air-taxi developer and communications provider has been formed to commercialize urban air mobility in the country beginning in 2025.

As it ramps up plans to launch its regional air mobility service, German startup Lilium has partnered with airport constructor and operator Ferrovial to develop and operate a network of at least 10 vertiports across Florida.

Customers of TransDigm Group expect to pay roughly 2% higher prices this year from the key aerospace and defense parts provider, compared with an average of just 0.8% more across the whole aerospace supplier base, according to new survey results from Jefferies analysts.

Utilizing Aviation Week’s Marketplace the BCA Staff collated three companies specializing in new flight planning. From runway analysis to flight planning, take a look and learn more.

In purely financial terms, it is not one of the biggest deals of the decade. But Gama Aviation’s acquisition of Trenton, New Jersey-based Jet East Corporate Aviation may highlight one way out of the post-COVID-19 doldrums for business aviation MRO.

Avfuel Corp. has formed a partnership with Neste to create a continuous supply of sustainable aviation fuel in the U.S.

Signature Aviation, which operates Signature Flight Support, the world’s largest FBO chain, has accepted a cash offer of $4.63 billion from Global Infrastructure Partners for the business, the company said Jan. 11.

Several private flight providers launched new jet card programs in 2020 during the COVID-19 pandemic. Here is a look at some of them. By The Hour…