Central Flying Service, the Little Rock, Arkansas-based provider of flight training, aircraft sales, maintenance, and a variety of other aviation services, has been acquired by Tricoastal Ventures.
The number of pre-owned business jet inventory for sale dropped 51% in May, compared to a year ago, while average list prices were up 16%, according to Jefferies.
Jaunt Air Mobility has signed a letter of intent (LOI) for almost 100 Journey electric vertical takeoff and landing air taxis with a Canadian startup planning to develop and service a vertiport network in Quebec.
A diverse set of options and timelines has come forward as the Canadian government begins evaluating options for a new maritime patrol fleet to replace the Lockheed CP-140 Aurora aircraft.
NASA has added more industry partners to its Advanced Air Mobility National Campaign, signing Space Act Agreements with vehicle developers Electra Aero, Overair and Supernal as well as urban transportation consultants Ellis & Associates.
Embraer’s urban air mobility spinoff Eve has engaged Porsche Consulting to help define the supply chain, manufacturing and logistics strategy for its electric vertical takeoff and landing vehicle.
Applications ranging from inspecting gravel roads to monitoring fence lines are among use cases to be demonstrated under projects selected by North Dakota’s Vantis statewide drone beyond-visual-line-of-sight network.
Since China’s EHang burst onto the scene in 2016, the country has lagged the U.S. and Europe in numbers of startups entering the nascent advanced air mobility market.
Resurgence of the COVID-19 pandemic in China and resulting travel restrictions have slowed efforts to certify the EH216S autonomous air taxi, EHang told analysts on May 31.
Honeywell is looking to push continuous operation of its megawatt generator to higher levels having recently run the hybrid-electric aircraft power system at up to 1.02 megawatts.
Achieving transition from rotor-borne vertical to wing-borne horizontal flight is a key milestone in the development of a winged electric vertical takeoff and landing aircraft–a landmark that surprisingly few of the advanced air mobility startups have yet reached.
Textron Aviation has announced all 20 of its service centers around the world have been certified as part of the National Air Transportation Association’s (NATA) Sustainability Standards for Aviation Businesses.
Senior management at two major general aviation companies recently confided in me that they are suffering inordinate delays on certification projects due in part to a post-MAX over-reaction within the FAA.
Interest in advanced air mobility in Asia continues to strengthen, with vehicle manufacturer EHang and vertiport developer Skyports announcing new agreements in the region.
Lilium has selected Spanish aerostructures supplier Aernnova to produce the key propulsion mounting system for its Lilium Jet electric vertical takeoff and landing air taxi.
U.S. startup Natilus is conducting wind tunnel tests of the initial regional feeder member of its planned family of blended wing body uncrewed cargo aircraft.
Consolidation has amplified the age-old supply/demand dilemma that affects any market undergoing a rate of expansion that cannot be easily met by creating new capacity, and some smaller players in business aviation are feeling the pinch.
Private jet company VistaJet announced during the European Business Aviation Conference & Exhibition (EBACE) that it plans to be carbon neutral by 2050 and has pledged its commitment to cleaner aviation.
BAE Systems has taken delivery of and is preparing flight tests for a Pipistrel Electro Velis electric-powered light aircraft as part of an arrangement with the Slovenian manufacturer. The UK defense company announced in March that it was working with Pipistrel to examine military training applications for electric aircraft. The work is continuing after Textron’s acquisition of the light aircraft manufacturer.
Volocopter has signed a memorandum of understanding with fixed-based operator Jetex to deploy and operate vertiport infrastructure and services for urban air mobility.
