The leasing group has now found prospective operators for 550 of Vertical Aerospace's four-passenger VX4 eVTOL aircraft, with deliveries to start in 2024.
Leasing group Avolon says that payments for provisional eVTOL orders will be finalized only after operating plans have been confirmed with prospective customers.
The UK’s Aerospace Technology Institute is offering an additional £685 million in funding for the development of “green” aviation technology over the next three years.
NASA award-winning hydrogen fuel cell developer HyPoint has partnered with hydrogen tank maker Gloyer-Taylor Laboratories to employ a new graphite fiber tank that offer 10 times more capacity than do existing fuel tanks.
Billy Nolen, who joined the FAA in January to head up aviation safety, will serve as acting administrator once Steve Dickson departs at the end of March.
Transport Secretary Grant Shapps confirmed that a Global 6500 and a Citation Latitude owned by Eugene Shvidler have now been seized by the UK government.
Some turbine aircraft operators in Europe will be able to reduce the amount of contingency fuel required, with the aim to reduce aircraft carbon emissions.
John and Martha King are regular scholarship providers at WAI's annual conference and this year awarded Charnell Wall with assistance valued at $18,000.