Wintrust Asset Finance announced a new division, Wintrust Commercial Finance Aviation Group, that will focus on financing solutions for business aircraft.
Along with a five-year suspension of tariffs, the EU and U.S. agree to agree on the legality of any financial support to their respective airliner makers.
EHang is providing support to officials in China's Guangdong provinces who are trying to reverse a resurgence in Covid-19 infections. Several of its eVTOL aircraft and drones are being operated from a base in Guangzhou.
Developers of eVTOL aircraft are among the aerospace companies being invited to establish test and development facilities on coastal land on the Kaitorete Spit near Christchurch on New Zealand's south island.
At a June 14 press conference Xeriant and XTI Aircraft confirmed plans for a 50:50 joint venture to pursue type certification for the hybrid-electric TriFan 600 VTOL aircraft.
The new ARP8689 document from SAE International is intended to help electric propulsion system developers meet the requirements of regulators for durability and integrity.
Brittany Ferries wants to start operating a version of Regent Craft's new electric sea glider that would be able to carry between 50 and 150 passengers on popular routes between France and the UK.
Ascent says that flights in the four-passenger eVTOL aircraft being developed by Eve Urban Air Mobility Solutions will be offered through its booking platform in various Asia Pacific countries.
European bizav activity was up by triple digits across all categories in May except multi-engine turboprops, which posted a 59.3% jump, Argus reported.
SmartSky has stood up its first fully operational coverage zone—a contiguous portion of Florida, Georgia, and South Carolina—for its ATG broadband network.
In a ceremony yesterday at its U.S. headquarters in Philadelphia, Leonardo Helicopters delivered the first TH-73A training helicopter to the U.S. Navy.
Vertical Aerospace is merging with special purpose acquisition company Broadstone, boosted by pre-orders for up to 1,000 of its VA-X4 eVTOL aircraft from American, Virgin and Avolon.
The Brazilian aircraft manufacturer confirmed that its Eve Urban Air Mobility Solutions subsidiary is in talks to merge with Nasdaq-listed Zanite Acquisition Corp to advance plans to develop eVTOL aircraft.
Lilium's chief program officer and head of airworthiness have co-authored a guide to how the company is navigating the path towards type certification for its seven-seater eVTOL aircraft.