The Advanced Air Mobility Composite for publicly held AAM stocks closed Oct. 17 down 4% for the five-day period compared to the previous five days of Oct. 3-10.
Detailing its plans for deploying the several types of advanced air mobility vehicles it has on order, Bristow Group says it is important for established operators to play an active role in ensuring the safe introduction of the new types of aircraft.
California-based electrical vertical takeoff and landing startup Overair has begun assembly of the XP-1 uncrewed full-scale demonstrator for the Butterfly tiltrotor air taxi which is expected to fly by the end of 2023.
U.S. and European aviation regulators have established the requirements for certifying electrified aircraft propulsion systems, but how industry can demonstrate compliance with those rules is a work in progress.
Aviation Week’s Guy Norris (left) interviews John Langford, founder and CEO of Electra.aero, during the National Business Aviation Association’s conference in Orlando, Florida.
Letters of intent to purchase aircraft are not orders, despite the propensity of advanced air mobility startups to describe them as such. But they do provide an indication of who is interested in these new types of aircraft.
The UK government is offering £10 million ($11.2 million) in funding for net-zero propulsion projects under a competition aimed at all transportation sectors including aviation.
Flying car is a frequent misnomer for electric air taxis, but in the case of Alef Aeronautics’ Model A the term is a correct, if inadequate, description given the unconventional approach the startup has taken to designing a vehicle that can take off and land vertically as well as drive on the road.
Swiss International Air Lines has become the first carrier to deploy drag-reducing riblet technology on passenger services, with the Oct. 14 Zurich-Miami flight of a Boeing 777-300ER with AeroShark film applied to its fuselage and engine nacelles.
