Benefiting perhaps from steadily improving relations between China and Indonesia, EHang has secured its largest commitment to date from an Asian customer with preorders for 100 EH216 autonomous air taxis from Prestige Aviation, an Indonesian aircraft sales and management company.
Parker Hannifin has committed to divest its aircraft wheels and brakes business to secure European Commission approvals for its acquisition of UK-based aerospace supplier Meggitt.
At first, advanced air mobility flights will be piloted. But the industry widely agrees its aircraft must become autonomous at some point if operations are to scale up to hoped-for high volumes. Rather than if, the debate centers largely on when.
Industry experts will gather to discuss ‘the Middle East as a financial hub for future worldwide tourism investment’ during the upcoming ITIC-ATM Middle East Summit at Arabian Travel Market (ATM) 2022.
The Defense Innovation Unit has released a request for information seeking commercial on-orbit satellite refueling and bulk fuel depot ideas as part of its “RAPIDS Refueling and Fuel Depot” project.
After slow incremental improvements in the performance of advanced air mobility publicly held stocks for the past three weeks, the five-day period ending April 11 brought the nascent industry back to the ground.
Tis the season for spring cleaning, and in midtier commercial manufacturing that increasingly means divesting assets to either become more focused on aerospace or at least certain parts of it.
German startup Theion is targeting electric vertical takeoff and landing aircraft as an early market for solid-state, lithium-sulfur batteries that promise three times the energy density of conventional lithium-ion cells.
Air Seychelles made a big presence at the 28th edition of the International Mediterranean Tourism Market (IMTM) in Tel Aviv to strengthen its market in Israel.
