AINonlineHanneke Weitering

XTI Aerospace shelves TriFan 600 VTOL business aircraft, pivots to drone development

XTI Aerospace, a Colorado-based developer, has shelved its long-running TriFan 600 vertical-takeoff-and-landing business aircraft program and announced a strategic pivot into unmanned aerial systems. The company will redirect engineering and development resources from the crewed VTOL project toward commercial and military drone initiatives.

2026-02-24T05:06:24.359081-08:00
ReutersAbhijith Ganapavaram, Aditya Kalra

Exclusive: Air India technical incidents such as fuel leaks hit 14-month high

By Reuters: Technical incidents such as engine oil and fuel leaks affecting Air India flights reached their highest rate in at least 14 months in January, a company document shows, underscoring growing strain on the carrier's revamp ambitions.

2026-02-23T23:36:18.843795-08:00
ReutersFederico Maccioni

Etihad Airways’ profits soar 49% to $698M as fleet and network expansion lift demand

By Reuters: Etihad Airways reported a near 50% jump in net profit to $698 million last year, the carrier said on Tuesday, as increased capacity supported strong demand across markets and lifted its load factor.

2026-02-24T00:26:27.365898-08:00