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Air taxis and personal transports

US aviation trade associations express concerns with FAA proposals on power-lift rules

US aviation trade associations have provided concerned feedback to the US Federal Aviation Administration on a range of issues arising from the agency’s proposed Special Federal Aviation Regulations (SFAR) on “Integration of Powered-Lift: Pilot Certification […]

Air taxis and personal transports

LIFT inks deal with Warren Buffet-backed Marubeni Corporation

LIFT Aircraft has announced that the Austin, TX-based company has signed a Memorandum of Understanding (MOU) with Marubeni Corporation, one of Japan’s largest so-called “sogo-shosha”, or general trading companies. Investor Warren Buffet, through Berkshire Hathaway, […]

Air taxis and personal transports

Archer secures USD215 million investment from Stellantis, Boeing and United Airlines, publishes Q2’23 results

Archer Aviation has announced operating and financial results for the second quarter ended June 30, 2023.  In tandem with earnings, Archer made a series of announcements that the company says “reinforce its path to FAA […]

Air taxis and personal transports

Helipass and MICAELIS conclude partnership to integrate AAM in flight booking platform

Helipass and MICAELIS have announced that they have formed a partnership through a memorandum of understanding (“MoU”). The companies say this collaboration aims to integrate the MICAELIS electric vertical take-off and landing aircraft (“eVTOL”) solutions […]

Air taxis and personal transports

Eve Holding reports USD31.4 million loss for Q2 2023 and USD370.7 million liquidity

Eve Holding has released its second-quarter earnings today reporting a net loss of USD31.4 million in 2Q23 versus USD107.2 million in 2Q22. According to the company statement “Setting aside non-recurring warrant-related expenses connected to Eve’s […]