By selling aircraft to its partners in Abu Dhabi, Archer says it can generate up to $20 million in revenues. It aims to replicate the program in numerous markets eventually.
Vertical Aerospace has appointed Eamonn Brennan, former director general of Eurocontrol and chief executive of the Irish Aviation Authority, as an adviser to its board.
As timelines stretch and the reality of the FAA’s aircraft type certification process fully sets in, the UAM market leaders are determined to not lose momentum.
Austrian general aviation aircraft manufacturer Diamond Aircraft is set to take over insolvent electric aircraft maker Volocopter, according to industry sources.
The piloted conventional-takeoff-and-landing aircraft, registration N214BT, joins the first Alia CX300 off Beta’s production line in South Burlington, Vermont.
Regent Craft has signed an initial accord with Abu Dhabi’s Strategic Development Fund to set up a joint venture to manufacture electric seagliders in the UAE.
