The training and simulation group is to design and develop the Jaunt Aircraft Systems Integration Lab to accelerate design and development work on the flight deck and aircraft systems.
A report from the investment bank says a tougher-than-anticipated path to regulatory approval and service entry for eVTOL aircraft means investors will have to be more patient about the scale and pace of financial returns.
The avionics and aircraft systems group is active in two European programs focused on how eVTOL aircraft can be safely and efficiently integrated into existing airspace.
Margit Waltz has ferried aircraft since 1976 and has reached the 900 milestone with the delivery of a Daher TBM 940 from France to the Muncie Aviation.