AINonline
• Charles Alcock
AINonline reports: Saudi government-backed start-up Life Shield has pledged support for UK-based Arc Aerosystems' plans for the Pegasus, Linx P9, Linx P3, and C-600 aircraft.
Embraer is seeking to expand sales of its C-390 Millennium aircraft by identifying India, Saudi Arabia, and the European Union as strategic markets for its defense unit. The planemaker aims to capitalize on rising defense expenditures in these regions.
EHang's EH216-S demonstrated a successful autonomous air taxi flight in Mecca, Saudi Arabia, in partnership with local enterprise Front End. This marks a significant step towards integrating autonomous aircraft into the region’s transport system.
Ardian and Saudi Arabia's wealth fund have put forward a revised offer to acquire 37.6% of London Heathrow Airport for £3.26 billion. The move comes as other shareholders, including Ferrovial SE, have opted to sell their stakes.
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