The $30 million strategic investment is set to be made once Eve completes an initial public offering on the New York Stock Exchange following a business combination with Zanite Acquisition Corp.
The March 14 report argues that Lilium is losing ground in the race to launch eVTOL commercial operations and also that it has overstated the solidity of announced aircraft sales to date.
A Safety Bulletin issued by EASA indicates that satellite navigation system degradation in four specific regions began on the day of the Ukraine invasion.
Under a memorandum of understanding, Delta Air Lines will participate in Airbus-lead research and development work aimed at getting a hydrogen-powered airliner into service in 2035.
Norway’s North Energy Cluster will create the SAF infrastructure to help realize Deutsche Aircraft’s ambitions to develop a new D328 regional airliner.
Norway’s North Energy Cluster is working with Deutsche Aircraft to make available new e-fuels that they say will deliver lower carbon emissions than existing sustainable aviation fuels.
Textron will pay around $242 million to acquire Slovenia-based Pipistrel and says it will back the company with further investments and its global product support network.
A new report commissioned by the Aerospace Industries Association forecasts that the autonomous aircraft market will grow nearly 25 percent a year over the next two decades.
Hawthorne Global Aviation Services, which operates six FBOs in the eastern and central U.S., has been sold to a new joint-venture investment partnership.
Responding to sanctions against Russian individuals and companies over the invasion of Ukraine, the Isle of Man has deregistered multiple private aircraft.