News and analysis covering cutting edge aviation technology and business models, including zero carbon propulsion, evtol aircraft, automation and autonomy, and new infrastructure.
The $30 million strategic investment is set to be made once Eve completes an initial public offering on the New York Stock Exchange following a business combination with Zanite Acquisition Corp.
Under a memorandum of understanding, Delta Air Lines will participate in Airbus-lead research and development work aimed at getting a hydrogen-powered airliner into service in 2035.
Norway’s North Energy Cluster is working with Deutsche Aircraft to make available new e-fuels that they say will deliver lower carbon emissions than existing sustainable aviation fuels.
Textron will pay around $242 million to acquire Slovenia-based Pipistrel and says it will back the company with further investments and its global product support network.
A new report commissioned by the Aerospace Industries Association forecasts that the autonomous aircraft market will grow nearly 25 percent a year over the next two decades.
The California-based start-up reported that it began 2022 with $746.9 million in cash reserves as it stepped up work to bring a four-passenger eVTOL aircraft to market.
California-based Joby expects to gain its Part 135 operator certificate by the end of the year, preparing the way for commercial ride-sharing flights in its eVTOL aircraft by 2024.
Beta Technologies is working to bring the six-seat, fixed-wing Alia 250 eVTOL model into commercial service in 2024 and is also building a network of charging stations across the U.S.
Stakeholder consultations on FAA proposals for vertiport and vertistop design standards is due to close on April 18, and a final engineering brief could be ready in June.
The company wants the New Mexico plant to be ready to start production in 2024, to support the first planned commercial flights by converted airliners in 2025.
The company provides aviation training and maintenance services and now holds an operating permit that it says allows it to start commercial eVTOL flights in Malaysia.