Does the luxury lifestyle market have a role to play in advanced air mobility? Perhaps, based on two new agreements, although the companies involved are far from leaders in the nascent industry.
German start-up carrier Evia Aero has signed a letter of intent with Cranfield Aerospace Solutions (CAeS) to buy 10 conversion kits that will enable nine-seat Britten Norman Islander aircraft to fly regional routes in northern Europe on hydrogen.
Robust growth in the business aviation industry since the pandemic has stretched the industry at every level, but experts say recession fears, higher interest rates, inflation and political unrest mean they are keeping a close eye on a number of key indicators for signs of any slowdown.
The good news is that, in general, the average rate increases through the first quarter of 2022 have been lower than the levels experienced in 2020 through mid-2021.
Boston-based autonomous flight startup Merlin Labs has completed a $105 million Series B round, bringing the total funding raised so far to $130 million.
Global commercial helicopter operator Bristow Group has signed a letter of intent with Elroy Air to order up to 100 Chaparral hybrid-electric vertical takeoff and landing uncrewed cargo aircraft for logistics, health care and energy markets.
A Leonardo official says the company hopes to find additional orders for its AW101 three-engine heavy helicopter as a potential replacement for Russian-built platforms.
The number of single-engine pre-owned helicopters sold during the first half (H1) of 2022 declined 10% compared to the same time a year ago, while inventory for sale dropped 65% for the period, according to a just-released report by Aero Asset, based in Toronto, Canada.
Winglet Technology, which designs, certifies and markets transitional winglets, is working to bring them to a third Citation aircraft: Textron Aviation’s Cessna Citation Latitude.
Israeli startup AIR has conducted the first hover tests with a full-scale prototype of its AIR One personal electric vertical takeoff and landing vehicle.
French hybrid-electric aircraft startup VoltAero has called for increased coordination among European airworthiness authorities on recognition for experimental aircraft to facilitate the demonstration of electric aircraft across borders.
German startup Nex Aero has taken the wraps off plans to develop a longer range electric vertical takeoff and landing air taxi powered by gaseous hydrogen and fuel cells.
Australia’s aviation regulator has outlined a long-term vision for the integration of drones and air taxis into the country’s aviation system, envisioning highly automated advanced air mobility by the mid-2030s.
Iris Automation and Sagetech Avionics have partnered to bring cooperative and noncooperative traffic detection and collision avoidance capabilities to drones operating beyond visual line of sight.