Despite unprecedented fiscal pressures, Boeing says continuing ecoDemonstrator support is investing in the future as sustainability takes center stage.
With investors including Alaska Air Group, UP.Partners has closed a $230 million early stage venture capital fund dedicated to supporting companies enabling future mobility.
Volocopter and logistics company DB Schenker conducted the first public demonstration of the VoloDrone heavy-lift unmanned cargo aircraft at the ITS World Congress in Hamburg on Oct. 12, and followed up by announcing plans for a mobile takeoff and landing platform for the cargo aircraft.
Honda made the top 20 list of advanced air mobility vehicle manufacturers in the latest AAM Reality Index rankings, sliding into the 13th position based on plans to build out a mobility ecosystem centered on electric vertical-takeoff-and-landing vehicles.
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.
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.
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.
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.