As alternative propulsion concepts show promise to help decarbonize aviation, leaders in the commercial aviation, advanced air mobility and business aviation markets have joined forces to establish carbon credits for emissions reductions enabled by electric- and hydrogen-powered aircraft.
Drone Delivery Canada plans to test expedited deliveries from Edmonton International Airport in Alberta to local businesses under a yearlong project with the airport, Apple Express Courier and Ziing Final Mile.
Only a fraction of the investment required to make urban air mobility (UAM) an economically or socially relevant mode of transportation has been raised, and players in the market will need to take the long view if they want to see a return on their investment, cautions a report by Porsche Consulting.
The leaders in advanced air mobility are storytellers, and the stories they tell are playing central roles in their plans to raise billions of dollars by going public via mergers with blank-check companies.
Hard on the heels of being appointed chief executive of delivery-drone developer Volansi, former assistant U.S. Air Force Secretary Will Roper has been named to the board of electric vertical-takeoff-and-landing aircraft developer Beta Technologies.
Gulf Air has recently signed up as a member of the International Pet and Animal Transportation Association (IPATA) to expand its specialised cargo services in the field of transporting pets and animals throughout its global network.
ACC Aviation, backed by YFM Equity Partners, is expanding the expertise it offers to airlines, lenders and lessors with the addition of an in-house aviation finance specialist.
Boeing is shifting some Charleston, South Carolina factory employees from 787 production to inspection and rework to resolve production-quality issues that are holding up deliveries.
