Having earlier discarded the U.S. F-35 fighter, Germany is once again looking to the aircraft to carry out its nuclear commitment to the NATO alliance.
The California-based start-up reported that it began 2022 with $746.9 million in cash reserves as it stepped up work to bring a four-passenger eVTOL aircraft to market.
California-based Joby expects to gain its Part 135 operator certificate by the end of the year, preparing the way for commercial ride-sharing flights in its eVTOL aircraft by 2024.
Beta Technologies is working to bring the six-seat, fixed-wing Alia 250 eVTOL model into commercial service in 2024 and is also building a network of charging stations across the U.S.
Ukraine invasion underscores the need to hold Russia accountable for the 2014 downing of Malaysia Airlines Boeing 777, say Australian and Dutch officials.
TransDigm, a maker of engineered aircraft components for the commercial and military aviation markets, expects to close the deal in the second quarter.