Author: Siddharth Philip

Rolls-Royce Holdings backed away from electric aircraft and said conventional propulsion will remain the mainstay in coming years as hydrogen takes time to mature as an alternative.

Electric vehicle startup Arrival SA surged after it said it’s in talks to raise capital to build and sell its products in the U.S.

Jet-leasing firm Avolon Holdings Ltd. will work with Israel Aerospace Industries Ltd. to convert 30 Airbus SE wide-bodies for use as freighters, targeting an area in which demand has soared during the coronavirus pandemic.

Amazon.com Inc. began testing the first lot of its Rivian Automotive Inc. electric delivery vans in Los Angeles as it works to fulfill a pledge to meet the goals of the Paris climate accord 10 years early.

Nikola Corp. backer Luxor Capital Group LP is investing in European electric-truck startup Volta Trucks AB to help the company scale its manufacturing and expand into North America and Asia.

Cargo.one, which operates an online system for airfreight booking, raised $42 million from investors after the COVID-19 crisis helped to drive new business.

Boeing Co.’s push to return the grounded 737 Max jet to the skies by year’s end got a boost from European regulators, who said they expect to sign off on their safety review by November.