Wheels Up posted record revenue during the first quarter (Q1) of 2022 driven by strong demand and an $89 million net loss due to supply constraints, increased costs and other factors.
U.S. startup KinectAir has launched an on-demand regional air mobility service that uses a smartphone app enabling passengers to order a flight from a local airfield with lower cost and greater flexibility than a traditional private aviation charter.
Advanced air mobility aircraft manufacturers are calling for clearer guidance from the FAA over certification requirements after the regulator signaled a change in rules governing approval for winged electric vertical-take-off-and-landing vehicles.
UK postal service Royal Mail is planning to purchase as many as 500 fixed-wing uncrewed air systems in the coming years to provide delivery services to remote areas of the country.
Advanced battery developer Amprius Technologies is to go public through a merger with a blank-check company with the intent of using the funding raised to scale up production of high-energy-density silicon-anode lithium-ion batteries and aviation as an initial target market.
Aviation technology software companies Monarc Global, based in Australia, and Aviation Data Solutions (ADS) based in the UK, have announced a partnership predominantly grounded in each company’s pricing specialties.
Hydrogen is gaining momentum as the zero-emission fuel of the future for aviation but requires massive investment in new infrastructure as well as completely new propulsion systems or aircraft designs to be used to its full potential.
The FAA has approved airworthiness criteria for the Wingcopter 198 delivery drone, a key step toward certification of the aircraft, Germany’s Wingcopter said May 11.
Flewber, a technology platform that allows users to book private air travel on demand, has released a new version of its app with two new ways to book flights.
Embraer’s urban air mobility spinoff Eve Holding listed publicly on the New York Stock Exchange on May 10 after completing its merger with blank-check company Zanite Acquisition.
The pilot’s decision to continue flying under visual flight rules into deteriorating weather conditions caused the December 2019 fatal crash of a Safari Aviation sightseeing helicopter in Hawaii, the NTSB said May 10 in a probable cause finding that faults the FAA for poor leadership and oversight of air tour operators.
Energy company Shell, already a strategic investor in ZeroAvia, is to supply hydrogen to the zero-emission propulsion startup’s base in California to support flight testing of its fuel-cell powertrain.
