First eVTOL Air Services Do Not Mark the End of the AAM Race-to-Market | Aviation International News

First eVTOL Air Services Do Not Mark the End of the AAM Race-to-Market

Independent experts say there are plenty more twists and turns to come

Joby eVTOL in New York City — Companies like Joby appear to be closest to launching commercial eVTOL aircraft services, but Alton Aviation's consultants say the advanced air mobility sector will take time to scale up. © Joby Aviation

By Charles Alcock • Managing Editor

June 30, 2024

In the high-stakes advanced air mobility (AAM) race-to-market the wheat is now well and truly getting sorted from the chaff, and independent observers like Alton Aviation Consultancy are now seeing with greater clarity how the market will unfold in the next couple of years. The Singapore-based group is actively helping multiple players secure now-harder-to-come-by funding and sharpen their strategies for an anticipated period of consolidation in a very crowded and hyped sector.

“We are starting to see the winners and losers more clearly, and those who are winning are those who can demonstrate that they have cash in the bank,” Alton director Joshua Ng told AIN. “Those that do not have that will have to start demonstrating something really exceptional to prove that they are worth investing in now.”

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The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

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