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Magazine Issue

The Weekly Of Business Aviation, June 14, 2021

VOL. 106 NO. 24 June 14, 2021
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Services/FBOs

article

Investment Firm KKR Agrees To Buy Atlantic Aviation

Jun 07, 2021
Investment firm KKR has agreed to acquire fixed-based operator (FBO) Atlantic Aviation from Macquarie Infrastructure Corp. (MIC) for $4.48 billion and assumed debt, the companies announced on June 7.

OEMs/Suppliers

article

Icon Minority Investors File Suit Against Chinese Shareholders 

Jun 07, 2021
The complaint alleges the Chinese majority investors misrepresented themselves as venture capitalists, and instead have a “secret goal” to dismantle Icon and move its designs and technology to their home country.

Intelligence

Charters/Brokers

article

Jet Edge Secures $150M Credit Facility From KKR

Jun 08, 2021
Investment firm KKR is providing a credit facility of up to $150 million to support the growth plans of private aviation services company Jet Edge International, the companies announced on June 8.

Services

article

SmartSky Opens Corridor For Connectivity Demos

Jun 10, 2021
Air-to-ground network developer SmartSky Networks has announced the opening in the southeastern U.S. of the first fully operational coverage area of its inflight communications network for route-based demonstrations.

Sounding Board

article

Sounding Board: Five Minutes With Yingling Aviation President Andrew Nichols

Jun 09, 2021
Yingling Aviation, based at Dwight D. Eisenhower National Airport in Wichita, originally began business in 1946 as the first Cessna Aircraft dealer. This year, it is celebrating its 75th anniversary. Andrew Nichols was promoted from chief financial officer to president in 2019, succeeding his dad, Lynn Nichols, who bought the business in 2000.

Regulatory/Legislative

article

FAA To Create New Drone Rulemaking Committee

Jun 10, 2021
The FAA will assemble an aviation rulemaking committee to provide the agency with recommendations for allowing routine flights of drones beyond an operator’s visual line of sight, Administrator Steve Dickson said June 9.

Programs

Eve
article

Eve Confirms Talks With Ricci’s Zanite SPAC

Jun 11, 2021
As another electric air-taxi startup announces plans to go public, Embraer has confirmed that its Eve Urban Air Mobility spinoff is in talks with a blank-check company.
VELIS
article

Pipistrel Racks Up Electric Trainer Deliveries

Jun 11, 2021
Between receiving EASA certification for the aircraft and its electric propulsion unit in June 2020 and the end of last year, Pipistrel delivered 39 Velis Electros.
article

Xeriant Backs Design Of XTI’s Trifan Hybrid eVTOL

Jun 09, 2021
XTI Aircraft has secured funding to complete preliminary design of its TriFan 600 hybrid-electric vertical-takeoff business aircraft, with the prospect of additional funds to build and fly a full-scale prototype.
ecopulse
article

Wind Tunnel Tests Advance France’s EcoPulse Hybrid-Electric Testbed

Jun 11, 2021
The tests at Airbus UK in Filton, England, evaluated the complete assembly of the Safran electric engine, Airbus nacelle and DUC Helices propeller.
article

Archer Marks eVTOL Milestone With Maker Unveiling

Jun 10, 2021
California startup Archer Aviation says it is on track to certify a four-passenger electric vertical takeoff and landing vehicle for aerial ridesharing services in late 2024, and will finalize design of a production version using lessons learned from development of the Maker, a two-seat prototype unveiled in Los Angeles on June 10.
joby
article

Joby Lays Out Milestones To UAM Service Launch

Jun 07, 2021
Joby Aviation has laid out its road map to achieve type certification of its electric air taxi and obtain its air operator certificate in order to begin commercial aerial ridesharing services in U.S. cities in 2024.
EHang
article

EHang Extends eVTOL Demos To Japan

Jun 09, 2021
According to EHang, the EH216 is the first eVTOL vehicle granted permission for outdoor, open-airspace flights in Japan.

Business Aviation Briefs

Airworthiness Directives

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