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.
Business and general aviation avionics sales totaled $634.5 million in the first three months of 2022, up 4.8% from the fourth quarter of 2021, according to the Aircraft Electronics Association.
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.