Developments in electric vertical takeoff and landing and hybrid-powered aircraft continue to gain momentum, and the assertion is that there will be an impact on business aviation. But what is this projected impact going to be?
The National Business Aviation Association (NBAA) has bestowed its Meritorious Service to Aviation award to Martine Rothblatt, a pilot and technology entrepreneur who co-founded the company that became SiriusXM radio, then founded biotechnology company United Therapeutics to develop a cure for pulmonary arterial hypertension after her daughter was diagnosed with the condition.
The programme leads this week with the news on Air India finally being privatised and returning to the hands of the Tata group in a move that appears popular with the people and competitors.
SAL Saudi Logistics Services (SAL) – Saudi Arabia’s leading ground handling and logistics company – has signed an agreement with Classic Automotive Relocation Services (CARS) to provide comprehensive logistics support for all its car shipments passing through the Kingdom’s main airports, land ports & seaports, including Riyadh, Jeddah, Dammam, and Medina.
Universal Hydrogen has raised an additional $62 million in funding to take the startup through initial flight testing of its hydrogen fuel-cell propulsion conversion for regional turboprops.
The British Business General Aviation Association (BBGA) says business aviation demand has already surpassed prepandemic levels in parts of the UK, but challenges remain, ranging from lingering Brexit-related issues to tackling sustainability.
Axiom Space, which is working with NASA to develop a commercial successor to the International Space Station, announced this week the completion of three joint design reviews for the project.
Startup Space Perspective announced a $40 million venture capital fund raising on Oct. 14, claiming the largest round yet for a space tourism balloon company and coming months after a successful demonstration.