VistaJet has taken delivery of the first two of up to 12 Bombardier Global 7500 ultra-long-range business jets and identified itself as the customer behind a December order with Bombardier for 10 new Challenger 350 business jets.
Three years after first investing in Zipline, Toyota has partnered with the U.S.-based drone delivery startup to develop a national-scale medical delivery network to improve access to health care in Japan.
UPS announced on April 7 that it plans to purchase up to 150 Beta Technologies’ Alia electric vertical takeoff and landing aircraft to augment package deliveries in small and midsize markets.
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.
The U.S. NTSB on April 6 reiterated its call for the FAA to require passenger-carrying charter and general aviation operators to implement safety management systems.
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.
Benefits of the FAA’s long-running NextGen air traffic control modernization are difficult to measure and have not kept pace with initial projections, the U.S. Transportation Department (DOT) Office of Inspector General (OIG) has found.
