EHang Holdings Limited ( EH ) shares are trading higher after the company attained the Production Certificate (PC) for its EH216-S passenger-carrying pilotless electric vertical takeoff and landing (eVTOL) aircraft from the Civil Aviation Administration of China (CAAC). This achievement is a significant leap towards mass production for the eVTOL aircraft and the following commercial operations. Earlier, the company had achieved the...

(Reuters) - Spirit Airlines ( SAVE ) said on Monday it has reached an agreement with Airbus to defer all aircraft orders scheduled to be delivered in the second quarter of 2025 through the end of 2026 to 2030-2031, as the company looks to save cash. The U.S. carrier also said it intends to furlough about 260 pilots effective Sept....

April 8 (Reuters) - Aerospace and defense supplier Ducommun ( DCO ) said on Monday it had received an unsolicited, non-binding takeover interest from private investment firm Albion River for $60 per share in cash. Shares of Ducommun ( DCO ) were up about 15% in premarket trading. The proposal, which is under review by the company's board, is valued...

BRUSSELS, April 8 (Reuters) - EU antitrust regulators are checking to see if an Apple ( AAPL ) proposal would comply with their order to let Spotify ( SPOT ) and other music streaming services inform users of payment options outside its App Store, the European Commission said on Monday. The iPhone maker risks antitrust charges and fresh fines if...