The U.S. sanctioned Iran’s remaining active airlines, targeting 27 carriers as Washington moves to further isolate Tehran from global trade and finance. Treasury warned firms dealing with them risk losing U.S. financial access. #Iran#Sanctions#Aviation
Heart Aerospace’s 25,000-pound X1 completed a 27-minute flight using just $5 of electricity, testing more than 1 MW of electric propulsion. The demonstrator is paving the way for the 30-seat ES-30. #Aviation#ElectricAircraft#Energy
Greenjets, a London-based company developing #propulsion systems, #aircraft platforms and launch technologies for the next generation of #aviation, today announced a €35 million Series A #funding round. 🇬🇧 🛩️ 🛡️
Jet2 booked a £388M balance sheet gain after locking in jet fuel prices before the Middle East conflict sent costs soaring. The airline said fuel hedges offset market volatility, even as geopolitical tensions delayed customer bookings. #Aviation#JetFuel#Energy
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