Carole Rickard Hedden retired in 2022 as Executive Editor for custom content and Program Excellence for the Aviation Week Network, providing custom content and research to industry executives. She also was Managing Editor of Aviation Week’s Advanced Air Mobility Report. She joined Aviation Week in 1996 as a financial/business editor and has led special projects for more than two decades.
Prior to joining Aviation Week, Hedden worked for over 20 years in the news media and as a corporate communications leader at Fortune 100 companies.
It was another tough week for the Advanced Air Mobility Stock Composite, with the index falling to $40 for the week ending July 1, down from $43.08 a week ago.
Advanced air mobility publicly held companies are staying the course for a startup industry—a roller coaster that saw the average price increase by 15.8% a week ago and then fall by 19.8% this week.
For new space and advanced air mobility startups, the past two years have been a heady experience of investment, mergers with special purpose acquisition companies and high-risk plays into segments of the aerospace and defense industry that were mere dreams a decade ago. As the economy changes, Aviation Week editors discuss what comes next.
