Supersonic aircraft developer Aerion Corp. on May 21 confirmed that it is ceasing operations of its AS2 business jet program after years of development, citing difficulty in raising the capital needed. to complete production. Employees were told of the development the same day.
Luxembourg-based business aircraft operator Luxaviation Group is to support Lilium in building out the electric regional air mobility startup’s airline operations in Europe.
The perception that private business aviation travel is a luxury only for the rich has been changing for the better during the COVID-19 pandemic as more first-time users come into the industry.
Erik Lindbergh hopes to commemorate the 100th anniversary of his grandfather’s historic first solo transatlantic flight in 2027, only this time with a hybrid electric aircraft.
The year-on-year comparisons look good. But compared to levels of activity before the COVID-19 pandemic, there are few companies active in Europe’s business aviation sector that can claim any significant growth.
Embry-Riddle Aeronautical University and the Helicopter Institute have teamed with other partners to develop training scenarios for helicopter pilots using virtual reality simulators.