Teal Group Analyst's Sobering Take On Prospects For Advanced Air Mobility
Investors beware, warns Teal Group's Richard Aboulafia. The eVTOL air taxi scene isn't quite the armageddon that the very light jet revolution was, but you can see it from here.
I thought I was a professional curmudgeon and pessimist until I became reacquainted with the highly entertaining and constructively contrarian analysis of aerospace expert Richard Aboulafia. In his July letter, the Teal Group’s v-p of analysis turns his attention to advanced air mobility (AAM) and how, in his view, it could prove to be every bit as big a wash-out as the damp-squib very light jet (VLJ) air taxi revolution of the 2000s.
“With a sense of futility,” Aboulafia offers the AAM trailblazers some unsolicited advice. Let’s just say it probably won’t be well received by the evangelical game-changing cults in Silicon Valley and Bavaria.
