CPI Aero acknowledged late Sept. 23 that it has been notified by the premiere stock exchange that it does not meet the NYSE’s continued listing standards.
The companies say they will work together to accelerate the entry of Pyka’s autonomous aircraft into the precision agriculture sector and “pursue opportunities to scale commercial services as autonomous aircraft operations in Brazil evolve in the coming years.”
Looking to gain experience and revenue from an earlier market entry, UK startup Samad Aerospace plans to develop manned and unmanned versions of a half-scale model built to flight test the configuration of the company’s planned e-Starling hybrid-electric vertical-takeoff business aircraft.
Alaka’i Technologies is awaiting FAA approval to begin free-flight tests on a new prototype of its Skai zero-emission hydrogen fuel-cell-powered electric vertical-takeoff-and-landing aircraft.
Alphabet subsidiary Wing has paused some of its drone package deliveries in the suburbs of Canberra, Australia, after one of its drones was attacked by a raven.
Embraer subsidiary Eve Urban Air Mobility continues to build its orderbook of conditional commitments as it looks toward completing a deal to go public through a merger with a blank-check company.
Airbus’ plans to adapt a business jet into an X-plane to test future wing technologies has focused new attention on its UpNext subsidiary that will run the trials.
Environmental groups have renewed their call for the U.S. government to set a tougher rule for aircraft greenhouse-gas (GHG) emissions than the CO2 certification standard agreed by ICAO.
China’s Autoflight has announced completion of a $100 million Series A funding round, which it believes may be the largest yet in the country’s fledging electric vertical-takeoff-and-landing vehicle industry.
After announcing a joint venture in June, startup Xeriant has agreed to merge with XTI Aircraft in a bid to secure the funding needed to develop the TriFan 600 hybrid-electric vertical-takeoff-and-landing business aircraft.
The EBS system uses a 100-kW electric motor connected to the main gearbox which could provide up to 30 sec. of additional power in the event of an engine failure, allowing the pilot to make a safe auto-rotation landing.
The startup has decided it wants to start flying people as soon as possible and so will certify the autonomous single-seat Heaviside H2 now in flight testing as its entry into the market.
Reaching a target of 10% SAF use by 2030 will require the scaling up of production to at least 9.5 billion gal./year from the less than 10 million gal. produced in 2020.
Brian Foley, a consultant with Brian Foley Associates, sees a “meaningful ramp-up” in business jet deliveries beginning in 2022 and continuing for several years.
Helicopter operator Bristow Group has announced a partnership with Vertical Aerospace to explore electric vertical-takeoff aircraft while Avolon is partnering with Brazilian airline GOL and transportation provider Grupo Comporte to commercialize an eVTOL ride-sharing platform in Brazil.
Business aviation manufacturers are waiting for clarification to understand the impact President Joe Biden’s sweeping mandate requiring employees of companies with more than 100 workers to be vaccinated or produce weekly negative COVID tests may have on their companies.
The oil and gas company has set itself a target of producing 2 million metric tons of sustainable aviation fuel (SAF) a year by 2025—a significant near-term scale-up in supply since Shell is not producing SAF at present.
Bombardier is transitioning the Wichita facility, retraining its staff and growing its service business as it prepares to deliver its final Learjet off the production line early in 2022.
The credit is intended to stimulate production and consumption of sustainable aviation fuel (SAF) by reducing the price premium over conventional jet fuel.
Optimism in the business aviation market is high and demand is recovering following the sharpest economic downturn since the Depression of the 1930s, a downturn far worse than that of 10 years ago, according to JetNet’s iQ Market report 2021.
