Joby Aviation is going public in a transaction that will provide the urban air mobility startup more than $1.5 billion to complete aircraft development and begin air taxi services.
European publication of certification rules for road-capable gyroplanes has cleared the way for the Netherlands’ PAL-V to complete development of its Liberty flying car.
Business jet deliveries in 2020 fell 20%, while turboprop shipments declined 16% and piston aircraft deliveries were steady, with a decrease of 0.9%, according to data released Feb. 24 by the General Aviation Manufacturers Association during its 2021 State of the Industry press conference.
Hard on the heels of its billion-dollar investment deal, urban air mobility startup Archer has committed to launch its first air-taxi network in Los Angeles by 2024.
Advanced air mobility startup Lilium has selected Spanish aerostructures supplier Aciturri to build the composite airframe for its electric vertical-takeoff-and-landing (eVTOL) air taxi.
Russian Helicopters is on its way to securing the first foreign investment in its VTR500 light single rotorcraft program run through its VR-Technologies subsidiary.
Skyborne Aviation Group Limited, based at Gloucestershire Airport, UK, has signed an agreement to purchase Vero Beach Flight Training Academy in Vero Beach, Florida, marking its first pilot training base in the U.S.
Nearly 70% of fixed base operators in the U.S. and Canada responding to a survey say fuel sales dropped in 2020 due to the COVID-19 pandemic, according to an annual FBO fuel sales survey.
Mid-Continent Instruments and Avionics, based here, has launched a new custom function aircraft cockpit display called the Flex MD23, a “build-you-own instrument” product with “virtually limitless” applications.
Transport Canada has issued an emergency airworthiness directive requiring Bell 505 operators to conduct a one-time inspection of the helicopter’s collective stick to detect evidence of cracking.
UK company Clean Planet Energy plans to produce sustainable aviation fuel at plants it is building to convert waste plastic into renewable fuels and chemicals.
For Surf Air Mobility, the planned acquisition of hybrid-electric startup Ampaire is the key step toward its goal of accelerating and expanding the use of sustainable propulsion in commercial aviation, beginning with regional aircraft.
Universal Hydrogen, a startup aiming to provide fuel systems and logistics for zero-emission commercial aviation, has landed former Airbus CEO Tom Enders as a strategic advisor and secured investment from Trucks Venture Capital.
VistaJet founder and chairman Thomas Flohr is witnessing an ongoing trend as airline passengers switch to private jets with global airline connectivity limited because of the pandemic.
Veteran aerospace engineer and former Boeing CEO Phil Condit has joined the advisory council of Boom Supersonic, the Denver, Colorado-based high-speed airliner developer.
Median values of heavy business jets have improved by 10% since dropping by double digits in the first two quarters of 2020, a recovery driven by a 41% increase in resale transactions during the second half of the year compared to 2019.
Embraer said on Feb. 18 it was formally withdrawing its World Trade Organization (WTO) case against Canada and Bombardier over airliner manufacturing subsidies now that the issue is moot with Bombardier’s focus on business aviation.
