Jury Orders Joby Aviation to Pay $116.9 Million in Aerosonic Trade Secrets Case
A federal jury in Tampa ordered eVTOL developer Joby Aviation to pay about $116.9 million to avionics supplier Aerosonic over misappropriated trade secrets.
Category
Business
The latest business aviation news and analysis.
Joby Aviation Hit with $116.9 Million Verdict in Trade Secrets Lawsuit
Joby Aviation was hit with a $116.9 million verdict in a trade secrets lawsuit, the Los Angeles Times reported.
US Slows Aircraft-Part Exports to China Amid Trade Negotiations
The United States has slowed exports of aircraft parts to China as the administration seeks leverage in trade negotiations, according to Reuters.
US court narrows Joby's trade-secret lawsuit against Archer Aviation
A California federal court dismissed some trade-secret and contract claims in Joby Aero's lawsuit against rival Archer Aviation while allowing core misappropriation claims to proceed.
Delta Remains the Only Big Four US Airline Not Using Starlink In-Flight Wi-Fi
Delta Air Lines is the only one of the four largest US carriers not using SpaceX's Starlink in-flight internet, opting instead for Amazon's service as rivals American and United roll it out.
US Slows Aircraft-Part Exports to China as Leverage in Trade Talks
The Trump administration is tightening US exports of aviation parts to China, using Beijing's reliance on American aerospace suppliers as leverage in trade negotiations, Reuters reports.
AAR to Acquire Majority Stake in MRO Holdings for $1.8 Billion
AAR Corp. has agreed to pay $1.8 billion for a majority stake in aircraft-maintenance company MRO Holdings.
Swissport Enters Indonesia via Joint Venture with UNEX Aviation Services
Swissport International has signed binding agreements to form a joint venture with Jakarta-based UNEX Aviation Services, marking its entry into the Indonesian aviation market.
Vertical Aerospace Opens Valo Assembly Centre
Vertical Aerospace has opened its Valo assembly centre, with a production target of up to 1,000 aircraft a year, Aerospace Global News reported.
Spirit Airlines Sells Final Airbus Aircraft in $421 Million Deal
Spirit Airlines has sold its last remaining Airbus aircraft as part of a $421 million bankruptcy deal, FlightGlobal reports.
Pratt & Whitney Canada Signs Four-Year PW127M Maintenance Deal with AirBorneo Airways
RTX's Pratt & Whitney Canada will provide engine MRO services for AirBorneo Airways' ATR 72-500 fleet under a new four-year agreement running through 2030.
Textron Aviation Rolls Out 500th Cessna Citation Latitude Business Jet
Textron Aviation has rolled out the 500th Cessna Citation Latitude midsize business jet from its manufacturing facility in Wichita, Kansas.
Joby Aviation completes first fully autonomous flight across the US
Joby Aviation says it has flown an aircraft autonomously from California to North Carolina in what the company describes as the first fully autonomous flight across the United States.