AAM_Business

By Carole Rickard Hedden
The Blade Air Mobility technology-powered air-mobility platform posted third-quarter revenues up 125%, to $45.7 million, versus $20.3 million for the year-ago period.
Advanced Air Mobility

By Molly McMillin
Embraer posted revenue of $271.7 million in its executive aviation division, up 6% from a year ago, and reaffirmed its projection to deliver 100-110 executive jets during 2022.
Aircraft & Propulsion

By Graham Warwick
Australia’s Northern Territory Air Services has signed a letter of intent with Eviation for 20 Alice electric aircraft.
Advanced Air Mobility

By Graham Warwick
As countries jockey for a leading position in the projected market for advanced air mobility (AAM), a new study concludes the transportation mode would be economically viable in the UK and provide a significant contribution to the economy while reducing carbon emissions.
Advanced Air Mobility

By Graham Warwick
Germany’s Volocopter has been selected to participate in a project to develop a sustainable city on reclaimed land in Tokyo Bay.
Advanced Air Mobility

By Graham Warwick
Archer Aviation and United Airlines have announced that their first electric air taxi route will be between Newark Liberty International Airport and New York’s Downtown Manhattan Heliport.
Advanced Air Mobility

Mike Madsen
Honeywell Aerospace President and CEO Mike Madsen on the aviation industry's sustainability challenges and solutions.
Aircraft & Propulsion

By Graham Warwick
Announcing the progress with its third-quarter financial results, Vertical acknowledged the deadline for signing a master purchase agreement with American Airlines has been extended by more than a year.
Advanced Air Mobility

By Graham Warwick
Based in Melbourne, Australia, Kite Magnetics was founded to develop high-efficiency electric motors for aircraft propulsion based on a new nanocrystalline magnetic material invented at Monash University in Clayton, Victoria.
Advanced Air Mobility

By Graham Warwick
Israel’s Gadfin Aero-Logistics Systems has secured a service contract from the country’s largest medical logistics company to operate an on-demand drone delivery network connecting all of the country’s major hospitals, flying medical supplies over a radius of up to 200 km (125 mi.).
Advanced Air Mobility

By Graham Warwick
Australian electric air taxi startup AMSL Aero is among 12 projects that have been awarded federal government grants under the first round of the Emerging Aviation Technology Partnerships program.
Advanced Air Mobility

By Graham Warwick
Deliveries of the Aero2 tiltwing uncrewed medical delivery aircraft to Spright are planned to begin in 2025.
Advanced Air Mobility

By Graham Warwick
Agreements in place with AeroTEC, MagniX and Textron Aviation to develop and supply electric and hybrid-electric powertrains for the Cessna Caravan are critical to Surf Air Mobility’s complex plan to go public through a merger with a blank-check company, a regulatory filing reveals.
Business Aviation

By Graham Warwick
With the stated goal of helping regional aviation transition to net-zero operations, Monte Aircraft Leasing has added another offering to its portfolio with a letter of intent to purchase 40 modification kits from Cranfield Aerospace Solutions to convert Britten-Norman Islanders to hydrogen-electric propulsion.
Advanced Air Mobility

By Lindsay Bjerregaard
MROs and aftermarket technology providers are establishing partnerships to get a foothold in the emerging advanced air mobility segment.
Emerging Technologies

By Graham Warwick
Joby Aviation has confirmed that launch of its aerial ridesharing service has been delayed to 2025, citing the FAA’s change of direction on certification and internal challenges related to the startup’s vertical integration.
Aircraft & Propulsion

By Graham Warwick
VoltAero has secured Italian aerospace components and structures producer TESI as a strategic investor and industrial partner as part of a €32 million ($31.6 million) Series B fundraising round.
Advanced Air Mobility

By Graham Warwick
Brazil-based on-demand private-aviation provider and electric-aircraft proponent Flapper has raised an additional $6 million of Series A funding for investments in technology and flight operations.
Aircraft & Propulsion

By Graham Warwick
German urban air mobility startup Volocopter has secured an additional $182 million in funding, with Saudi Arabian smart city Neom and Hong Kong-based GLy Capital Management as new investors.
Advanced Air Mobility

By Bill Carey
Slovenian manufacturer Pipistrel, now part of Textron Aviation, announced on Oct. 31 that it has delivered the first Velis Electro electric airplane in Canada.
Advanced Air Mobility

By Graham Warwick
As it looks ahead to certification and operation of its urban air mobility vehicles, China’s EHang has formed a partnership with commercial aircraft maintenance provider HAECO Group to develop after-sales support for its autonomous air vehicles.
MRO

By Graham Warwick
On the heels of listing publicly, startup Amprius has signed a 3-year agreement to supply its high-energy-density batteries to BA Systems’ Air business for use in electrically powered flight applications.
Advanced Air Mobility

By Victoria Moores
Lufthansa Technik has converted a decommissioned Airbus A320 into a hydrogen field laboratory to test maintenance and ground-based processes in preparation for hydrogen-powered flight.
Sustainability

By Graham Warwick
South Korean advanced air mobility startup MintAir plans to purchase up to 10 zero-emission aircraft from Australia’s Dovetail Electric Aircraft for proposed regional cargo services.
Advanced Air Mobility

By Graham Warwick
Saudi Arabian flag carrier Saudia has signed a memorandum of understanding with Lilium for the proposed development and operation of an electric vertical takeoff and landing network.
Advanced Air Mobility