Aspirational Consumer Lifestyle Corp., a special purpose acquisition company, or SPAC, has set a July 12 shareholder general meeting date to approve its merger with Wheels Up Partners Holdings.
Embraer subsidiary Eve Urban Air Mobility has agreed to supply Blade with 60,000 flight hours a year of service in Southern California and the West Coast beginning in 2026.
A new forecast by Global Jet Capital projects $162.1 billion in total transactions of new and pre-owned business jets from 2021-2025, with a compound annual rate of 7.4% by dollar volume and 3.6% per year by unit.
UK helicopter startup Hill Helicopters says it has presold more than 200 of its HX50 turbine light helicopters as the company moves toward a first flight in 2022.
Fractional ownership companies Jet It and JetClub are the launch customers for Bye Aerospace’s eight-seat, all-electric twin turboprop aircraft, the eFlyer 800.
Volocopter conducted a remotely controlled flight of its 2X prototype at Le Bourget Airport outside Paris on June 21, the first in France by an eVTOL vehicle.
Qarbon Aerospace, formerly Triumph Aerospace Structures, is to produce Lift Aircraft’s Hexa single-seat electric vertical-takeoff-and-landing aircraft.
The integrated demonstrator, customized to the performance and economic requirements of commercial aircraft, will be built at a Liebherr system integration testing laboratory in Toulouse.
The Pilatus PC-24—described by its manufacturer as a sui-generis “super versatile jet”—took a step closer to entering active service in the UK this week, as distributor Oriens Aviation brought two examples for a familiarization and demonstration tour.
While commercial aviation remains challenged by the ongoing effects of the coronavirus pandemic, private aviation flight volumes have recovered and are exceeding pre-crisis levels, according to NetJets.
Lilium plans to use at least six conforming prototypes for testing in an effort to obtain concurrent European and U.S. type certification of its seven-seat electric air taxi.
Drone delivery system operator Zipline and pharmaceutical company Pfizer have partnered to distribute COVID-19 vaccine as part of a U.S.-led effort to distribute 500 million doses of the Pfizer-BioNTech vaccine to developing countries.
Blank-check company Broadstone Acquisition has cited the deep aerospace industry experience of the team backing Vertical Aerospace as a key reason behind its decision to take the UK electric air-taxi startup public with backing from industry partners and airline customers.
Between receiving EASA certification for the aircraft and its electric propulsion unit in June 2020 and the end of last year, Pipistrel delivered 39 Velis Electros.
California startup Archer Aviation says it is on track to certify a four-passenger electric vertical takeoff and landing vehicle for aerial ridesharing services in late 2024, and will finalize design of a production version using lessons learned from development of the Maker, a two-seat prototype unveiled in Los Angeles on June 10.
With investments from American Airlines, Avolon, Honeywell and Rolls-Royce, plus commitments for up to 1,000 aircraft, electric air-taxi developer Vertical Aerospace has reached agreement with blank-check company Broadstone Acquisition to go public in a deal that values the UK startup at $2.2 billion.
