UK startup Electric Aircraft Group (EAG) has secured an investment from Irish regional airline CityJet to advance its plans to develop a hydrogen-electric 90-seat regional aircraft for entry into service in 2030.
Joby Aviation has begun trading on the New York Stock Exchange, a milestone on its 15-year journey to launch commercial aerial ridesharing services in the U.S. in 2024.
Utility helicopter operator Erickson Inc. has put itself up for sale, looking for a “strategic partner” to bolster its operations, maintenance repair and overhaul, and manufacturing businesses.
The FAA is closing in on its first special condition for type certification of an electric propulsion system, and acknowledges that amending requirements developed over decades for piston and turbine engines is proving challenging.
The organizers of the Australian International Airshow, better known as the Avalon Airshow, have canceled this year’s event as they acknowledged the “unpredictable environment” brought about by the Delta strain of COVID-19.
As the Pentagon develops a plan to formalize the investigation of unidentified aerial phenomena (UAP), a group of scientists and researchers are advocating for greater civilian involvement.
The Singapore government is currently reviewing a feasibility study developed alongside industry players on mixing sustainable aviation fuel (SAF) with conventional jet fuel in a bid to increase the uptake of SAF in the island state.
Boeing says it will continue to be a “long-term strategic” investor in AEI HorizonX and remain the anchor investor for the current fund and AEI HorizonX’s first standalone fund planned for 2022.
The suspension of Mitsubishi Heavy Industries’ (MHI) SpaceJet regional jet program helped the company’s aerospace division return to profit in the first quarter of fiscal 2021.