The burgeoning urban air mobility sector is poised to open up private air travel to unprecedented markets. But benefits will only be maximized if decisions are made now to ensure UAM systems are accessible to the disabled, experts say.
The Boeing Company has reported fourth-quarter revenue of $15.3 billion, reflecting lower commercial deliveries and services volume primarily due to COVID-19 as well as 787 production issues, partially offset by a lower 737 MAX customer considerations charge in the quarter compared to the same period last year.
Aircraft Lightning Protection Market size valued at USD 3.09 billion in 2019 and will grow at a CAGR of 3.1% from 2020 to 2026. Favorable trends associated with the tourism sector will propel the industry growth, this is according to Global Market Insights.
U.S lawyers for Ethiopian Airlines have advised the carrier not to accept a settlement Boeing has offered regarding the fatal crash of a Boeing 737 MAX in 2019 seeing 157 people lose their lives, but instead to sue the manufacturer for punitive damages in the U.S.
The FAA expects to certify the first of a new generation of advanced or urban air mobility (AAM/UAM) aircraft later in 2021 and says regulations will be in place in time for initial piloted electric vertical-take-off-and-landing (eVTOL) operations to begin as early as 2023.
Joining former NASA astronaut Michael Lopez-Alegria and Israeli entrepreneur Eytan Stibbe on the first privately financed U.S. mission to the International Space Station (ISS) will be real estate and technology investor Larry Connor of Ohio and Canadian entrepreneur and philanthropist Mark Pathy, Axiom Space said on Jan. 26.
While it has a large potential domestic market for advanced air mobility, the U.S. needs a clear national strategy if it is to lead this new market globally, a report by consultants Deloitte and the Aerospace Industries Association says.
