A South Korean team including an airport operator, air-taxi developer and communications provider has been formed to commercialize urban air mobility in the country beginning in 2025.
As it ramps up plans to launch its regional air mobility service, German startup Lilium has partnered with airport constructor and operator Ferrovial to develop and operate a network of at least 10 vertiports across Florida.
Autonomous cargo aircraft startup Elroy Air has joined NASA’s Advanced Air Mobility National Campaign project and will exchange information leading up to flight tests in 2022.
If there is an upside for the aviation industry to the ongoing global travel restrictions caused by the COVID-19 pandemic, it may be that the enforced breathing space has given insiders an opportunity to focus on sustainability.
Nearly a year’s worth of restrictions caused by the COVID-19 pandemic does not appear to have diminished interest in flying by business jet to the annual Super Bowl, which takes place Feb. 7 at Raymond James Stadium in Tampa, Florida.
Gulfstream Aerospace delivered 127 business jets in 2020, compared to expectations of 130 aircraft, and down from 147 deliveries in 2019, its parent company reported Jan. 27.
Textron Aviation turned in lower business jet and turboprop deliveries in 2020 along with lower revenue and profit, but had a “blowout” fourth quarter, with expectations of a 15% increase in sales in 2021 and a return to 2019 delivery levels in 2022.
Flying Ship is a U.S. startup that plans to modernize the Russian ekranoplan ground-effect vehicle concept and bring unmanned aircraft technology to maritime logistics while avoiding the onerous burden of aerospace regulation.
The burgeoning urban air mobility sector is poised to open up private air travel to unprecedented markets. But benefits will only be maximized if decisions are made now to ensure UAM systems are accessible to the disabled, experts say.
The FAA expects to certify the first of a new generation of advanced or urban air mobility (AAM/UAM) aircraft later in 2021 and says regulations will be in place in time for initial piloted electric vertical-take-off-and-landing (eVTOL) operations to begin as early as 2023.
Wheels Up Partners may become publicly traded if reported talks to merge with Aspirational Consumer Lifestyle Corp., a blank check acquisition company, are successful, according to a report by Reuters.
Airbus Helicopters CEO Seeks Euro Cooperation On Military Rotorcraft Tony Osborne, [email protected] Airbus Helicopters CEO Bruno Even has called on Europe’s rotorcraft industry to cooperate on a future military rotorcraft program, as NATO countries begin considering their medium-lift needs for the 2030s and beyond.
The FAA has proposed a civil penalty of $1 million against Weathervane Aviation Services in Westport, Massachusetts, for allegedly operating illegal charter flights, the FAA said.
While it has a large potential domestic market for advanced air mobility, the U.S. needs a clear national strategy if it is to lead this new market globally, a report by consultants Deloitte and the Aerospace Industries Association says.
Satellite operator Inmarsat announced on Jan. 25 that it will provide satellite communications for a UK government initiative to create a zero-carbon emissions regional air transportation network.
U.S. President Joseph Biden on Jan. 25 signed an executive order reversing former president Donald Trump’s relaxation of entry requirements for international arrivals, in a bid to contain the spread of several new strains of novel coronavirus that were recently discovered abroad.
AFWERX has launched a six-week market research phase to understand the bourgeoning field of startup companies seeking to build supersonic and hypersonic transports.
Pre-owned business aircraft transactions during the fourth quarter of 2020 improved by 34% over the previous quarter, pointing to a rebound in the market, according to aviation valuation firm Asset Insight.
As the UK launches a series of projects under its Future Flight Challenge, a new study highlights the potential socio-economic benefits of an integrated aviation system built on freight-carrying drones, urban air taxis and hybrid-electric regional aircraft.
The UK’s first test site for sustainable aviation, including electric and hydrogen propulsion, is to be established at Kirkwall Airport in Scotland’s Orkney Islands.