The latest investment round gives Beta Technologies the funds to advance toward FAA certification while valuing the Vermont-based startup at $1.4 billion.
Japan’s Civil Aviation Bureau (JCAB) has joined a growing list of regulators to certify Airbus’ newest helicopter, paving the way for All Nippon Helicopter to take delivery of the H160.
Volocopter has unveiled a larger, longer-range electric vertical-takeoff air taxi aimed at expanding its planned urban air mobility service out to the suburbs.
The Port Authority of New York and New Jersey is offering four-year, tuition-free scholarships in an aviation-related field to Vaughn College in Queens to promote jobs in the industry.
The year-on-year comparisons look good. But compared to levels of activity before the COVID-19 pandemic, there are few companies active in Europe’s business aviation sector that can claim any significant growth.
The National Business Aviation Association says it is opposing bills by the Massachusetts legislature that, if passed, would repeal aircraft tax exemptions and impose $1,000 landing fees on business and general aviation operations.
MagniX has delivered the first propulsion unit to sister company Eviation to power the Alice 11-seat all-electric aircraft, moving the prototype toward a first flight scheduled for later this year.
Authorities said no injuries resulted from a midair collision May 12 near Centennial Airport (APA) in Englewood, Colorado, that saw one of the aircraft involved—a Cirrus SR22—land safely after the pilot deployed its parachute system.
The startup did not identify the operator or its market sector, but the 40-aircraft order, plus an option for another 40, is “committed and in hand,” XTI CEO Bob LaBelle said.
Fractional ownership provider Airshare, based in Lenexa, Kansas, has purchased three Challenger 350 super midsize jets from Bombardier with an option for 17 more over the next few years, doubling the size of its fleet.
Textron will not immediately enter the urban air mobility market, despite its “enormous amount of technological capability,” as the battery technology has not advanced enough to support it, Textron’s top executive says.
Tim Conver, who took over the then-spunky UAV pioneer AeroVironment in the early 1990s, will retire as chairman at the company’s 2021 annual shareholder meeting.
Startup Aergility is working with an unidentified strategic partner to develop a vertical-takeoff unmanned cargo aircraft using its “managed autorotation” technology to increase range and payload.
Lift Aircraft has completed its first six production Hexa single-person multicopters, including an aircraft delivered to the U.S. Air Force for flight testing.
The official start of perhaps the key driver behind the U.S. airport system’s success can be traced to May 13, 1946—the day President Harry S. Truman signed the Federal Airport Act into law.
As it seeks strategic investors to set up operations in Canada, Jaunt Air Mobility has added to the list of suppliers working on the startup’s Journey electric vertical-takeoff-and-landing air taxi.
Exhibit floor space is almost sold out for the National Business Aviation Association Convention & Exhibition in October in Las Vegas, following the COVID-19 pandemic-driven cancellation of the 2020 show in Orlando, Florida.
Collins Aerospace has been selected by Lockheed Martin to provide avionics for NASA’s X-59 Quiet Supersonic Technology aircraft and by Dassault Aviation as a supplier on the new Falcon 10X ultra-long-range business jet, the company said in a media presentation on May 11.
Several industry players have voiced disappointment with the UK’s air travel reopening, labeling it as over-cautious, with just 12 countries being given “green list” status.
