Midway through 2022, the priority for advanced air mobility companies is on certifying aircraft, but just as important is sizing the future market and where the vehicles will be located.
It was another tough week for the Advanced Air Mobility Stock Composite, with the index falling to $40 for the week ending July 1, down from $43.08 a week ago.
The partners in a project to convert the Cessna Caravan to electric propulsion have formed a new company to develop and offer battery-electric and hydrogen-electric powertrain retrofits for a range of turboprop commuter aircraft.
UK electric propulsion startup Evolito has acquired battery developer Electroflight, expanding its business to encompass motors, controllers and energy storage systems.
SpiceXpress, the logistics platform of SpiceJet, carried 100 tonnes of lychee from Darbhanga in Bihar to various parts of the country between May and June.
Airport International Group announced that Queen Alia International Airport (QAIA) has become the first in the Middle East to achieve Level 4+ ‘Transition’ of the Airport Carbon Accreditation Programme.
Airbus is seeing early signs in the recovery of demand for long-haul aircraft and “may start the widebody [production] ramp-up earlier than we thought,” CEO Guillaume Faury tells Aviation Week.
NASA’s Cislunar Autonomous Positioning System Technology Operations and Navigation Experiment (Capstone) small satellite successfully separated from its orbital Photon propulsion stage early July 4, beginning a pioneering journey to near-rectilinear halo orbit (NRHO) around the Moon.
Researchers at Embry-Riddle Aeronautical University have received a $371,000 grant from the FAA for a study to inform the development of standards and requirements for the accuracy of detect-and-avoid systems for uncrewed aircraft systems.