Despite a sharp uptick in stock prices Oct. 17, it was not enough to prevent the Advanced Air Mobility Stock Composite average to remain in the red for the fourth week in a row.
Airport developments and investment are under a sharp focus with renewed vigour and vitality in Saudi Arabia, which is projected to have the fastest passenger traffic growth until 2040.
The Bahrain airshow kicks off the show season for the MENA region with its mix of civil and defence aircraft on display, a series of forums and a lot of space for exhibition and networking opportunities.
The Pentagon is in discussions with SpaceX about the future of Starlink satellite internet connectivity in Ukraine after the company threatened to end the service if the Defense Department does not pick up the bill, while the military is also reaching out to alternative satellite communications providers.
Swiss International Air Lines has become the first carrier to deploy drag-reducing riblet technology on passenger services, with the Oct. 14 Zurich-Miami flight of a Boeing 777-300ER with AeroShark film applied to its fuselage and engine nacelles.
Honeywell has continued its penetration into the advanced air mobility market with the Anthem flight deck, announcing an agreement with Supernal to explore integration of the cloud-connected cockpit avionics system into the Hyundai subsidiary’s planned electric vertical takeoff and landing air taxi.
Air Arabia Abu Dhabi will be participating in the 2022 edition of the Abu Dhabi Air Expo showcasing part of its growing fleet by displaying an Airbus A321neo long-range aircraft to an estimated 18,000 attendees.
Neste says it will be producing 1.5 million tons of sustainable aviation fuel by the end of 2023, but that the wider "industry cannot build refineries on hope."
Advanced air mobility (AAM) organizations face some challenges as they advance from the design and prototype stage to production. Robert Mather, Vice President of Aerospace and Defense industries for IFS, recently shared some of his thoughts on the state of the industry and what’s next for AAM manufacturers.