U.S. and European aviation regulators have established the requirements for certifying electrified aircraft propulsion systems, but how industry can demonstrate compliance with those rules is a work in progress.
Letters of intent to purchase aircraft are not orders, despite the propensity of advanced air mobility startups to describe them as such. But they do provide an indication of who is interested in these new types of aircraft.
The UK government is offering £10 million ($11.2 million) in funding for net-zero propulsion projects under a competition aimed at all transportation sectors including aviation.
Flying car is a frequent misnomer for electric air taxis, but in the case of Alef Aeronautics’ Model A the term is a correct, if inadequate, description given the unconventional approach the startup has taken to designing a vehicle that can take off and land vertically as well as drive on the road.
Despite the development progress on the aircraft, the company is still awaiting approvals from the U.S. FAA to certify the aircraft under the Powered Lift category.
The private jet charter provider has agreed a $600 million business combination agreement with special purpose acquisition company EG Acquisition Corp. that will see flyExclusive list on the NYSE.
Honeywell has continued its penetration into the advanced air mobility market with the Anthem flight deck, announcing an agreement with Supernal to explore integration of the cloud-connected cockpit avionics system into the Hyundai subsidiary’s planned electric vertical takeoff and landing air taxi.
FlyExclusive, the second-largest private jet company in the U.S., has opened Hangar 4—the newest facility at its Kinston, North Carolina, headquarters.
Neste says it will be producing 1.5 million tons of sustainable aviation fuel by the end of 2023, but that the wider "industry cannot build refineries on hope."
