On-demand helicopter service provider Blade Air Mobility has agreed to acquire the commercial passenger transport activities of three European helicopter companies for a total of €48 million ($51 million) in cash.
Joby Aviation has made its third business acquisition as it works toward certification of its electric vertical-takeoff-and-landing aircraft and launch of commercial air-taxi services in 2024.
French startup VoltAero plans to offer fractional ownership of its planned Cassio family of hybrid-electric aircraft in Europe, beginning with its five-seat Cassio 330.
Surf Air Mobility is to go public through a merger with a blank-check company that values the Los Angeles-based regional scheduled and on-demand charter carrier at $1.42 billion.
As an upbeat business aviation industry is about to gather in Geneva for the first time since 2019, the European Business Aviation Association is striving to help its members cope with a myriad issues, from the tail end of the COVID-19 crisis to the Russia-Ukraine war, upcoming regulation and the use of sustainable aviation fuels (SAFs).
Industry is left with more questions than answers after the FAA suddenly changed direction on certifying electric vertical-takeoff-and-landing aircraft.
Archer Aviation and Joby Aviation have both played down the potential effect of the FAA’s change in direction on eVTOL certification as they reported their first-quarter 2022 financial results.
A lawsuit filed against Beta Technologies by supplier Blue Force Technologies is providing insight into an emerging industry where advanced-air-mobility startups are relying on niche suppliers to get started.
U.S. startup KinectAir has launched an on-demand regional air mobility service that uses a smartphone app enabling passengers to order a flight from a local airfield with lower cost and greater flexibility than a traditional private aviation charter.
UK postal service Royal Mail is planning to purchase as many as 500 fixed-wing uncrewed air systems in the coming years to provide delivery services to remote areas of the country.
Embraer’s urban air mobility spinoff Eve Holding listed publicly on the New York Stock Exchange on May 10 after completing its merger with blank-check company Zanite Acquisition.
Energy company Shell, already a strategic investor in ZeroAvia, is to supply hydrogen to the zero-emission propulsion startup’s base in California to support flight testing of its fuel-cell powertrain.
The Advanced Air Mobility Report’s AAM Stock Composite refrains from looking at the daily ups and downs of stock prices. Four months of results, however, point to the reality.
Embraer’s urban air mobility spinoff Eve UAM will list publicly on the New York Stock Exchange on May 10 after closing a merger with blank-check company Zanite Acquisition that raised less funding than hoped for.
With the first signs of certification dates being pushed back, does an advanced air mobility industry that attracted billions of dollars in investment over recent months have enough money in hand to meet its aggressive targets?
UK startup Vertical Aerospace has pushed back certification and first deliveries of its VX4 air taxi to 2025, from 2024, as it prepares to begin flight tests of its full-scale demonstrator this summer.
Despite the Russia-Ukraine war and volatility in the stock market, business aircraft activity at Textron Aviation has remained strong during the first quarter of 2022, company officials say.
Beyond developing and producing an air vehicle that meets civil aviation authority certification standards, advanced air mobility companies also must certify how the aircraft will be serviced and maintained, and their flight operations also must be certified.
Helicopter and fixed-wing aircraft lessor LCI has placed a firm order for 50 Beta Technologies Alia-250 electric vertical takeoff and landing vehicles with an option for another 75.
