Korea Aerospace Industries plans to enter the urban air mobility market as part of a new strategy to make the South Korean manufacturer the No. 1 aerospace company in Asia by 2030.
Richard Kane, chairman and CEO of VeriJet, launched the Boca Raton, Florida-based charter company in November with a focus on shorter, point-to-point trips using the single-engine Cirrus SF50 Vision Jet.
Agriculture is the latest market to get the electric vertical flight treatment, with crop protection startup Guardian Agriculture emerging from stealth with a $10.5 million seed funding round.
Privately owned TECT Aerospace of Wichita, which manufactures complex aerostructure components, parts and assemblies, filed to begin U.S. bankruptcy proceedings April 6.
With more than 100 companies trying to break into the nascent urban air mobility market, it is perhaps inevitable that some of the vehicle designs look similar. But Boeing-backed Wisk sees enough similarities between one of its designs and new entrant Archer’s aircraft that it has filed a lawsuit.
NASA’s Convergent Aeronautics Solutions has launched a crowdsourcing competition to solicit assessments from experts on the factors most likely to shape the future of air travel and how to best arrive at a favorable outcome.
NetJets has launched a new 25-hr. Corporate Angel Network jet card, which comes with one flight hour donated by NetJets to cancer patients needing to travel to treatment centers.
Textron Aviation is celebrating the 1,000th delivery of its Cessna Citation 560XL series midsize business jet with the delivery of a Citation XLS+ to a customer in the Northeastern U.S.
Despite rumors to the contrary, Gulfstream Aerospace has stressed its commitment to its G280 super midsize jet and is investing in enhancements to the aircraft, company executives told reporters on March 30.
Hydrogen propulsion pioneer ZeroAvia has secured an investment from British Airways (BA) and kicked off development of a fuel-cell power train for 50-seat-plus regional aircraft.
Cape Air, a commuter airline based in Hyannis, Massachusetts, has placed a firm order for 10 new 11-seat Tecnam P2012 Traveller aircraft, with delivery scheduled in 2021.
Cranfield Aerospace has changed the power source of its Project Fresson zero-carbon aviation initiative to hydrogen fuel cells after batteries were deemed too heavy.
Boeing-backed Wisk has added the aerospace giant’s Insitu Pacific unmanned aircraft division to the team working to demonstrate autonomous passenger transport in New Zealand.
Sikorsky has demonstrated the supervised autonomy capability of its modified S-70A Black Hawk optionally piloted vehicle, with the test pilot using a tablet to command the helicopter through a complete mission.
Europe plans a large-scale demonstration of urban air mobility in 2022 focused on the deconfliction of multiple different types of users of low-altitude airspace.