NASA has renamed its urban air mobility Grand Challenge the Advanced Air Mobility National Campaign, a seemingly simple name change that signals recognition that industry’s interest is in more than just downtown air transportation.
Regional turboprop manufacturer ATR, following a pause in its activities for four days last week, is resuming production at its Toulouse final assembly line.
The funds “will be used to support further development of the Lilium Jet as well as underpinning preparations for serial production," the Munich-based company says.
Startup Sabrewing Aircraft has postponed the public rollout of its Rhaegal unmanned cargo aircraft because of COVID-19 restrictions, but continues to work toward flying the hybrid-electric vertical-takeoff-and-landing (eVTOL) prototype this year.
EPlane, an electronic marketplace startup for aviation aftermarket parts and MRO, announced March 24 that it landed $9 million in new funding from Japanese conglomerate Marubeni Corp.
CPI Aerostructures of Edgewood, New York, said March 24 it will remain open and operating after state officials branded it an “essential business” to keep going while Albany leaders otherwise roll out a shelter-in-place mandate for New York residents.
After having been thought for a few days to be on a strong upward curve, demand for aircraft storage during the COVID-19 crisis is still unstable, according to specialist Tarmac Aerosave.
