Business aviation operations have remained strong worldwide in the first few months of the year, but the Ukraine crisis clouds that outlook, WingX said.
The California start-up says it will have a full-scale prototype flying by around mid-2023 and it is targeting type certification and first deliveries in 2026.
The Indian technology group is partnering with California-based start-up NFT to develop the four-seat Aska personal transportation vehicle that the companies say could complete type certification in 2026.
The Civil Aviation Administration of China's acceptance of special conditions for certifying EHang's two-seat, fully autonomous vehicle should clear the way for its approval for operations in China.
According to market analyst Jefferies, overall preowned market pricing and valuations continue to trend upward with Gulfstream seeing the most increase.
Rolls-Royce has selected Austria-based FACC to develop and manufacture the complete composite package for the Pearl engine to power the new Falcon 10X.