The marketplace for urban air mobility for the masses is not expected to take off for several more years, but once it does it could become a multi-billion-dollar enterprise that upends traditional helicopter manufacturing, suggest new consultant studies on electrically powered vertical takeoff and landing (eVTOL) aircraft.
A new forecast predicts 11,765 transactions for used business aircraft valued at $61 billion will take place over the next five years and 3,444 new deliveries valued at $90.5 billion, according to Jetcraft, a business aircraft sales and acquisitions firm.
Honeywell on June 3 unveiled a compact flight-control computer designed to drive electric actuators and dynamically adjust flight surfaces and motors of urban air mobility (UAM) vehicles.
The FAA is working with drone service providers to develop data use standards by this summer that represent a step toward having third parties provide remote identification (ID) services for small unmanned aircraft.
Wheels Up, a membership-based private aviation company, has acquired wholesale light jet charter operator Travel Management Co., which operates a fleet of 26 Hawker 400XP aircraft.
Work to permanently remove pavement at each end of the runway at Santa Monica Airport in California is scheduled to begin June 16 and will be completed in five phases.
The de Havilland name has returned to aircraft manufacturing with the completion of the $300 million sale of the Dash 8 program by Bombardier to Canada’s Longview Aircraft Capital.
GlobeAir, the only operator to have demonstrated that an air taxi service with a fleet of small jets can be a viable business in Europe, is now talking to major airlines to offer them a “last mile” service.
Aircraft engineering, modification and completion specialist GDC Technics has completed and delivered two BBJ 787s to a confidential head-of-state client.
Mitsubishi Aircraft has reiterated the importance of the larger version of its MRJ regional jet, following a news report that the company would shift its focus to a smaller version.
Boeing’s $4.2-billion deal to acquire an 80% stake in Embraer’s commercial aviation business means big changes are also coming to the company’s Executive Jets unit.
After at least six years of research and technology work on the Avionics 2020 demonstrator, Thales’ efforts toward creating a more intuitive cockpit have crystallized into the FlytX avionics suite.
Airbus says its collaboration accord with Siemens to develop hybrid-electric propulsion systems for the experimental E-Fan X demo and other vehicles is concluding a year ahead of schedule.
Airbus says it has received a “surprisingly” large response to its contest challenging computing experts, academics and professionals to solve five key flight physics questions using quantum computing to improve aircraft design.
Textron Aviation’s new Cessna Sky Courier is advancing through development, with assembly underway for the prototype aircraft and five additional flight test and ground test articles.
The Falcon 6X program is on time for a first flight in 2021 and certification and entry into service in 2022, Dassault Aviation chairman and CEO Eric Trappier said.
There is plenty of talk within business aviation circles about constraints on operations on the ground. A topic less often raised is what happens once the business jet is in the air.
An FAA airworthiness directive issued May 24 immediately grounds all Cessna Citation business jets equipped with Tamarack active winglets until a modification can be incorporated.
Saab is preparing to deliver the first of three new GlobalEye airborne earning warning aircraft to the United Arab Emirates next April, company CEO Hakan Bushke has disclosed.
