The uh plane crash was terrible. I've already told them anything we can do. It's a big country, a strong country, and they'll handle it, I'm sure. But I let them know that anything we can do, we'll be over there immediately. But it was a horrific crash. It looks like uh most are gone. They actually maybe have a couple survivors, which is just heard. Uh but uh that was a horrible crash. Nobody knows any idea what it might be. I gave him a couple of uh pointers. I said, "Maybe you'll look at this or You know, ...

Group 1 - The CFD analysis using the Frontier supercomputer enables XTI Aerospace to optimize the performance and safety of the TriFan 600 xVTOL as it prepares for subscale flight tests [1] - XTI Aerospace is developing the TriFan 600, a fixed-wing business aircraft with VTOL capabilities, cruising speeds of 311 mph, and a range of 985 miles, creating a new category known as xVTOL [2] - The collaboration with Oak Ridge National Laboratory is seen as a critical advantage for XTI, allowing for accelerated engineering work and reduced risks in the TriFan 600 design [2] Group 2 - XTI Aerospace's Inpixon business unit specializes in real-time location systems technology, providing solutions that enhance operational efficiency and safety in industrial settings [2] - The company is publicly traded on Nasdaq under the ticker XTIA, indicating its presence in the capital markets [2]

I'm joining us now, Mike Boyd, president and CEO of Boyd Group uh International. Mike, you're you're obviously wellversed in in these things and and an aviation expert. We we've basically exhausted everything that we're in a position to say at this point.Can can you add anything uh with your expertise to to things that we can surmise without being uh you know I'm not going to say reckless but without just conjecturing with things we don't know about what can you tell us. Well I I think jumping on it's under ...

Transaction expands public market access, aligns with U.S. mineral independence strategy, and accelerates growth of high-value platforms Atlanta, GA and Reno, NV, June 12, 2025 (GLOBE NEWSWIRE) -- M2i Global, Inc. (“M2i Global,” the “Company,” “we,” “our” or “us”) (OTCQB: MTWO), a company specializing in the development and execution of a complete global value supply chain for critical minerals, is pleased to announce its signing of a non-binding term sheet to be acquired by Volato Group, Inc. (NYSE America ...

Core Viewpoint - AerCap Holdings N.V. has been awarded approximately $1 billion in indemnity from insurers for aircraft and engines previously leased to Russian airlines, which were not recovered following the Ukraine conflict [1][2]. Group 1: Indemnity Award - The Commercial Court in London ruled that AerCap Ireland Limited is entitled to recover around $1 billion under the "War and Allied Perils" Coverage of its insurance policy [1]. - The indemnity is related to assets that were not recovered from Russia after the invasion of Ukraine in February 2022, with payment due by July 2, 2025 [1]. - This award will contribute to AerCap's total pre-tax recoveries related to the Ukraine conflict, bringing it to approximately $2.5 billion [2]. Group 2: Financial Impact - In 2022, AerCap recognized a pre-tax net charge of $2.7 billion, which included a total loss write-off for assets remaining in Russia and Ukraine [2]. - Following recoveries of $1.3 billion in 2023 and $195 million in 2024, the current indemnity award is significant for the company's financial recovery efforts [2]. Group 3: Ongoing Claims - AerCap continues to pursue claims against insurers and reinsurers related to Russian airlines' insurance policies for other assets, with the outcome and timing of these claims remaining uncertain [3]. Group 4: Company Overview - AerCap is a global leader in aviation leasing, serving approximately 300 customers worldwide with a comprehensive fleet solution [4]. - The company is listed on the New York Stock Exchange and has a strong presence in multiple global locations [4].

ENGLEWOOD, Colo., June 11, 2025 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI"), a pioneer in xVTOL and powered-lift aircraft solutions, named Stephen (Steve) Griessel, former Group CEO of Paramount Group Ltd., to its Corporate Advisory Board. His addition follows growing recognition of VTOL aircraft as a national strategic priority, as highlighted in President Trump's recent executive order."Steve brings deep aerospace and defense experience as well as a global mindset," said Scott Pomeroy, CEO ...

Air taxis are a different type of aircraft But I think FAA approval could be closer than most investors think. Here's why. What does Archer Aviation do? Archer Aviation builds an electric vertical takeoff and landing (eVTOL) aircraft that is meant to be used over short distances, and it can only carry a few passengers. Effectively, it is an air taxi that can fly over congested city streets. In 2025, the company hopes to build as many as 10 of its Midnight eVTOLs in the near future. The problem here is that ...

郭文丹 封面新闻记者 崔瑶 近日，绵阳科技城低空产业发展有限公司正式揭牌成立，标志着绵阳在布局低空经济这一战略性新兴产 业上迈出关键一步。绵阳科技城管委会联合中国移动四川公司、四川九洲空管、绵阳机场集团等企业， 共同推动低空经济全产业链发展。 近年来，绵阳已将低空经济作为培育新质生产力的重点方向，通过政策创新、资源整合和技术攻关，打 造"政策支持、产业协同、创新驱动"的发展框架。依托国家科技城先行先试优势，绵阳出台涵盖空域管 理、基础设施和企业培育的专项政策，为低空经济发展破除制度壁垒。 作为低空经济运营主体，绵阳科技城低空产业发展有限公司将采用"政府引导+龙头带动+市场化运 作"模式，聚合通信、空管、航空运营等核心资源，形成"研发—制造—运营—服务"全链条生态。绵阳 科技城管委会发挥统筹作用，联合行业龙头，推动低空经济从技术研发向产业化落地加速转型。 该公司肩负低空资源开发、飞行运营管理和产业投资三大使命，重点布局低空飞行保障、基础设施建设 和常态化运营三大业务板块。未来将搭建空域智慧化管理、低空交通指挥和产业协同创新三大平台，全 力推进设施网、空联网、算力网、航路网、应用网"五张网络"建设，为低空经济规模 ...

Core Insights - Turbotech has successfully developed the first viable hydrogen-fueled turbine engine for small-scale aviation applications, utilizing Ansys simulation technology [2][4] - The company aims to create a scalable, fuel-agnostic gas turbine that facilitates the transition to hydrogen fuel, addressing challenges in power output, fuel consumption, and combustion system reliability [3][4] Company Developments - Turbotech's innovative approach includes simulation-led product development, which has significantly reduced prototyping costs and timelines by identifying optimal nozzle designs for real-world testing [4][6] - The collaboration with the BeautHyFuel project, supported by the French Civil Aviation Authority, involves partnerships with key industry players such as Safran, Air Liquide, and Daher [6][7] Technological Advancements - Ansys simulation tools, particularly Fluent, have provided high-fidelity predictions that have been crucial in maintaining structural integrity and emissions control during hydrogen burn tests [4][8] - The integration of Ansys simulation across Turbotech's designs has created a digital thread that enhances efficiency and reduces development time for hydrogen propulsion systems [8]

Air India Transformation - Air India, after returning to the Tata Group, is undergoing a significant revamp to address its image problem, which includes routine delays and subpar passenger experience [1] - The transformation includes increasing the fleet size from less than 100 to 300 aircraft over the past 3 years [2] - Air India is adding 500 Airbus and Boeing aircraft to its fleet [2] - Efforts are being made to improve the cabin experience and reduce connection timings [2] Challenges and Competition - Tariffs imposed by the US President have intensified delivery setbacks [3] - Low-cost competitors like Indigo are expanding internationally through partnerships with Delta, Air France, and Virgin Atlantic [3] Future Outlook - Air India aims to compete with global heavyweights like Emirates [3]