Blade Air Mobility, one of 10 publicly traded advanced air mobility companies, beat analyst expectations with its second quarter 2022 financial performance.
Transportation research center DriveOhio has released an Advanced Air Mobility Framework document aimed at positioning Ohio for the expected growth of the AAM industry in the state.
United Airlines has made a $10 million predelivery payment on 100 of the 200 electric air taxis it agreed to purchase from Archer Aviation in February 2021.
Jazeera Airways has announced strong results with a net profit of KD7.8 million (US$ 25.37 million) for the first half of 2022, compared to a net loss of KD11.7 million in the first half of 2021.
A French startup has unveiled plans to develop a hydrogen fuel cell-powered four-seat aircraft to provide flight schools and other general aviation customers with a zero-emission alternative to today’s gasoline-fueled light aircraft.
Global helicopter operator Bristow Group has further widened its range of bets on the emerging advanced air mobility market, placing a firm order for five Beta Technologies Alia-250 electric vertical takeoff and landing aircraft.
The Advanced Air Mobility Stock Composite remained in positive territory for the 10-day period ending Aug. 8, with Archer, Joby, Markforged and Workhorse recording improvements in their per-share pricing for the 10-day period.
Pursuing higher speed and longer range for regional air mobility, Canadian startup Horizon Aircraft is preparing to fly a 50%-scale model of its planned Cavorite X5 hybrid-electric vertical takeoff and landing (eVTOL) aircraft.