Projects to use drones to deliver COVID-19 supplies are among the first wave of winners under the UK’s £125 million ($165 million) Future Flight Challenge.

South Korea staged its first urban air mobility demonstration in Seoul on Nov. 11, including drone and electric air taxi demonstrations using the developmental K-Drone low-altitude traffic management system.

Revenue for the first 10 months of 2020 at Signature Aviation, which includes Signature and Epic Fuels, declined 38% on continuing operations compared to the same time a year ago, while flight activity across its network has stabilized to about 80% of prior year levels in October, the company says. 

Private aviation provider XO, based in Fort Lauderdale, Florida, is increasing its U.S. fleet by 30% with the addition of 15 Citation light jets to complement its super midsize jet offerings.

Backed by 11 years of technology development, a new startup has been launched onto the market to provide electric propulsion systems for aircraft, starting with drones but aiming ultimately at urban air mobility.

Business and general aviation avionics sales fell 33.4% in the third quarter compared to a year ago, while sales during the first nine months of 2020 have fallen 27%, according to the Aircraft Electronics Association (AEA) 2020 Avionics Market Report.

The share price of Italian aerospace and defense firm Leonardo has jumped after the company revealed it is mulling a partial spinoff of its U.S.-based Leonardo DRS defense electronics business.

Ask the Editors: The S4 is an airplane that is also capable of vertical flight and therefore does not operate like a helicopter.