Completion of Vertical Aerospace’s going-public merger with blank-check company Broadstone Acquisition on Dec. 16 took the total announced funding raised in 2021 by the nascent advanced air mobility industry to more than $5 billion.
The FAA has awarded nearly $3 billion in funding for airport improvements, the first tranche of $15 billion to be distributed for the purpose over five years under the Biden administration’s infrastructure legislation.
Counter-drone systems specialist Dedrone has landed $30.5 million in Series C venture capital, the company announced Dec. 17, and is working to be able to detect, identify and track more than 200 different UAS.
The Fargo Jet Center has purchased two of the last Bombardier Learjet 75 Liberty light jets to come off the Wichita production line, for modification as air-medical aircraft, ending an era of the Learjet that began with the first delivery in 1964.
Bristow's partnership with California-based Overair covers the potential purchase of 20-50 of the startup’s Butterfly quad-tiltrotor platforms and collaboration on commercialization of the platform.
UK electric air mobility startup Vertical Aerospace has listed publicly on the New York Stock Exchange after completing a merger with blank-check company Broadstone Acquisition that did not perform as well as hoped for.
Nine people died when a Gulfstream GIV-SP business jet crashed while its pilots attempted to make an emergency landing at Santo Domingo-Las Americas Airport (MDSD) in the Dominican Republic, according to the operator and news reports.
New York-based seaplane airline Tailwind Air has partnered with Airflow.aero to develop an amphibious, float-equipped version of the startup’s planned electric short takeoff and landing aircraft.
Private charter and scheduled flight operator Tradewind Aviation will resume its seasonal scheduled service between San Juan, Puerto Rico, and the Caribbean island of Anguilla beginning Dec. 17.
German regional air-mobility startup Flyv has partnered with U.S. aircraft developer Electra.aero to enable an on-demand service flying between underserved markets in Europe using electric aircraft.
Business and general aviation trade groups are “deeply concerned” about a “rash decision” by Santa Clara County officials in California to ban the sale of 100 octane low lead (100LL) fuel at two airports, Reid-Hillview Santa Clara County Airport and San Martin Airport, beginning Jan. 1, 2022.
Jet Support Services, a maintenance and financial services provider to the business aviation industry, has acquired Montreal-based Traxxall, a provider of software for aircraft maintenance tracking, parts inventory management and other services.
