The advanced air mobility (AAM) pioneers that have made ambitious pledges to investors that revenues from eVTOL aircraft will start flowing by 2025 have a mountain to climb. With financial markets now rattled by factors such as global political instability, the steepest part of the ascent is now being undertaken with some players running low on capital just as they face the highest rates of expenditure.
According to a new analysis from Alton Aviation Consultancy, in addition to the obvious challenges related to getting the vehicles certified, companies must also now turn their attention to scaling up manufacturing capability from almost a standing start. Joshua Ng, a director with the group, told FutureFlight that he and his colleagues are working with multiple manufacturers, as well as with aircraft operators and airports, to help them achieve the key milestones that are fast approaching in what he refers to as “the twilight zone” that precedes entry into service and the start of commercialization.
