United’s final 747 flight sells out in hours

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United is running its final 747 flight between San Francisco and Honolulu on Tuesday, November 7 to commemorate the retirement of its 747 fleet. However, the flight sold out within hours today…but even if you did not get a seat, here’s what’s in store for a lucky few. Only economy tickets were initially available on the flight– business class seats in the upper deck or “bubble” were not sold so everyone can climb up the stairs for a final look-see.

Spotlight

ASL Airlines France

For more than 15 years, ASL Airlines France has put its "planes at the service of men". It ranks in the forefront of French airlines. ASL Airlines France is a French airline member of the international ASL group. It is known for its high level of service quality. Passenger flights for all Tourist flights: ASL Airlines France, in France and Europe, has developed its reputation as a passenger airline by making flights for the main French and European tour operators.

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BUSINESS AVIATION

A Carbon-Neutral Fuel for the Aviation Industry?

Article | January 28, 2022

A New System That Aims to Create Carbon-Neutral Aviation Scientists have achieved an amazing breakthrough in the development of carbon-neutral fuel for the aviation industry. An aviation fuel production system that uses water, sunlight, and carbon dioxide has been put into action. Its design was published on July 20th, 2022, in the journal Joule. The dream of achieving carbon-free aviation could become a reality with this development. “We are the first to demonstrate the entire thermochemical process chain from water and CO2 to kerosene in a fully-integrated solar tower system.” - Aldo Steinfeld, Professor, Study Corresponding Author, ETH Zurich The aviation industry accounts for approximately 5% of the global anthropogenic emissions that contribute to global climate change. The industry heavily relies on kerosene, commonly known as jet fuel, a liquid hydrocarbon fuel derived from crude oil. There are no clean options to power commercial flights on a global scale at the moment. Production of Synthetic Kerosene This breakthrough, with the help of solar energy, makes it possible to produce synthetic kerosene from water and carbon dioxide instead of crude oil. The amount of CO2 emitted during kerosene combustion in a jet engine equals what is consumed during its production in the solar plant. It is what makes the fuel carbon neutral, especially if the CO2 in the air is captured and directly used as an ingredient, which could be possible in the near future. As part of the European Union's SUN-to-LIQUID project, Steinfeld and his colleagues put forward a system that uses solar power to generate drop-in fuels—synthetic alternatives to fossil-derived fuels like kerosene and diesel. Solar-produced kerosene is consistent with the current aviation infrastructure for allocation, fuel storage, and use in jet engines. It can also combine with fossil-derived kerosene, according to Steinfeld. High Hopes for the Future Steinfeld and his team began scaling the construction of a solar fuel manufacturing plant at the IMDEA Energy Institute in Spain half a decade ago. The plant has 169 sun-tracking reflective panels that redirect and concentrate solar radiation into a tower-mounted solar reactor. This concentrated solar energy then powers redox reaction cycles in the reactor’s porous ceria structure, which is not absorbed but can be reused. It transforms the water and carbon dioxide into syngas, a customized mixture of hydrogen and carbon monoxide. This syngas is then injected into a gas-to-liquid converter and is finally converted into liquid hydrocarbon fuels such as kerosene and diesel. Steinfeld and his team are working on amping up the reactor’s efficiency from the current 4% to more than 15%.

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AVIATION TECHNOLOGY

AI in Aviation: What’s the Word?

Article | July 26, 2022

DataBridge recently released a new market research analysis on AI in aviation, and the findings are promising. The aviation industry has relied on artificial intelligence (AI) for years. The technology has assisted pilots through machine learning algorithms to collect flight data about altitudes, air traffic management, weather, and route distance. It has enabled them to optimize fuel usage and reduce fuel costs. And now, it is going further. AI has been cascading into other areas of aviation. Here are some trends to note from the “Global Artificial Intelligence in Aviation Market” study. Benefitting Ground Operations AI is extensively used in real-time support systems and air traffic control. From automated baggage check-in to facial recognition, it is powering several ground operations. These functions contribute heavily to maximizing resources, reducing labor costs, and enhancing seamlessness across different processes. Improving Performance and Processes with Machine Learning (ML) The emergence of AI in aviation is thanks to a surge of capital investments by key aviation players. Cloud computing is being used by many organizations as a way to consolidate processes and deal with complexity better. Impacting How Planes will be Piloted AI will considerably impact the future of piloting as we know it. Building on Airbus’ first ever takeoff, landing and taxi using vision-based AI in 2020, prominent aerospace tech firms continue to work on self-piloting planes or passenger autonomous aerial vehicles (AV) that will employ AI-powered intelligent navigation to fly. Improving Efficiency and Accuracy for Manual Processes According to aviation experts, ML digital assistants are able to process massive volumes of historical data in order to support ground staff and pilots alike. With AI’s capabilities of enabling elusive insights into patterns and complexities of data, the technology is considered ideal for aviation, where there is no room for errors. The Path Ahead The COVID-19 pandemic highlighted the importance of new technologies in pushing the envelope and innovating solutions. The evolution of technology will only propel the adoption of AI further into the aviation industry. With multiple use cases and brilliant results from the use of AI, the aviation industry is all set for a digital transformation fuelled by data, machine learning and precision

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AIR TRANSPORT

Inside NASA’s New Sustainable Flight Demonstrator Program

Article | July 6, 2022

NASA is known for developing and launching spacecraft that have a significant environmental impact. However, the space agency is fully on board with the net-zero movement. NASA supports the White House's Aviation Climate Action Plan. It is helping fund several aviation projects that aim to reduce the aviation industry’s damage to the environment. NASA’s Sustainable Flight Demonstrator Program NASA focuses on technologies for single-aisle aircraft, which are the powerhouses of many airline fleets and account for nearly half of global aviation emissions. NASA's Sustainable Flight Demonstrator (SFD) project aims to reduce carbon emissions and keep the US competitive in the design of single-aisle commercial airliners, which are in high demand. "Since its creation, NASA has worked with industry to develop and implement innovative aeronautics technology and has shared it with the world," said NASA Administrator Bill Nelson. "Now, with this ambitious new project, we're again joining with US industry to usher in a new era of cutting-edge improvements that will make the global aviation industry cleaner, quieter, and more sustainable." NASA Wants to Reduce the Environmental Impact of Commercial Aircraft The program’s goal is to build, test, and fly a large-scale demonstrator. NASA hopes to find a business partner for a Funded Space Act Agreement with its Armstrong Flight Research Center in Edwards, California, by the beginning of 2023. The agreement would draw on private-industry knowledge and experience, with an awardee developing a suggested technical plan and committing considerable cash to the project. Under this agreement, NASA would not purchase an aircraft or any other hardware for its missions. The mission of NASA is to develop new and innovative technologies and capabilities. NASA will collect data on the ground and in the air. Agency and industry teams can use it to test the airframe configuration and related technologies. Moving Away From Space NASA's technologies are typically cutting-edge. However, as with many high-end items, the benefits and applications frequently filter down to the masses. NASA's specialized technology and research frequently has civil aviation applications. It's interesting to see how NASA seems to be moving away from space and going after planes that fly closer to Earth.

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AIR TRANSPORT

A Peek into The Future of Piloting Airplanes

Article | July 6, 2022

Flying is changing, and so is the future of piloting. With technological advancements across the aviation industry, one can only anticipate what’s in store for the future of piloting. The battle between automation and learning skills that automation can easily take over is coming to a head. As airplane engineering matures, the aviation industry isn’t far from seeing a day when pilots who have undergone training on electric trainers require a license endorsement to fly a piston-powered aircraft. Goodbye, Manual Flying Airplanes are becoming downright easier to fly. Consider how most pilots today would never be able to fly the aircraft that their seniors trained in. According to experts, piloting skills will put more emphasis on the efficient use of airspace systems instead of directing and maneuvering the aircraft. Decoding Airplane Information Traditionally, a pilot’s primary task was to gather and decode the information he received through the aircraft’s systems. This information was then used to give the pilot an “air picture” which allowed him to get a sense of the air traffic, airspace, and weather. As aircraft technology improves, pilots will no longer need to know how to do this. Instead, the "air picture" will be shown on a screen in front of them. Final Word From augmented reality to 3D spatial audio cues, augmentation is happening to aircraft as well as the pilot’s ability to fly them. The evolution of aviation technology will only help transform the mechanics of airplanes, and pilots will no longer need to handle flight control. As augmented reality takes over, future cockpits might not even need to be at the front of the aircraft or have windows. That would be the true test of the future of piloting.

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Spotlight

ASL Airlines France

For more than 15 years, ASL Airlines France has put its "planes at the service of men". It ranks in the forefront of French airlines. ASL Airlines France is a French airline member of the international ASL group. It is known for its high level of service quality. Passenger flights for all Tourist flights: ASL Airlines France, in France and Europe, has developed its reputation as a passenger airline by making flights for the main French and European tour operators.

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CARGO MANAGEMENT

AELF FlightService Adds Fifth A330 to Fleet With Flexible Passenger-to-Cargo Configuration

AELF FlightService | April 28, 2022

AELF FlightService announced today that its fifth Airbus 330-200 (registered as 9H-CFS) is officially on certificate, flying in passenger-to-freighter (PTF) configuration. The aircraft commenced its first commercial flight in PTF configuration on April 23, flying from Vietnam to the U.S. The addition of 9H-CFS puts the group in a leading position among ACMI widebody charter operators in the world in terms of fleet size. Its five A330s are currently in PTF configuration, in which passenger seats have been removed and cargo nets have been installed to hold parcel freight in the upper deck, in addition to the standard freight capacity in the lower deck. The configuration is reversible in a matter of weeks, which the company plans to exercise this summer. "As supply chain issues drag on, the addition of 9H-CFS is our commitment to fulfilling the need for capacity in the air cargo market in the short-term, while maximizing our flexibility to return to passenger service later this year." Joe Cirillo, Chief Operating Officer at AELF FlightService As AELF FlightService commences passenger flights this summer, it will do so with the addition of its sixth A330-200. This recently acquired aircraft is configured with a brand-new passenger interior accommodating 295 passengers. An additional three of the company's A330s will also be converted back to passenger configuration by August. The A330 fleet will be operated by the company's affiliate Maleth Aero. "The flexibility of the configuration was a draw for us from the beginning," said Lee Jones, President of Maleth Aero. "Anticipating an inevitable return of passenger demand and a time limit from EASA on the preighter exemption, we looked to the option that would provide a solution for our cargo customers but also allow us to adapt to the regulatory environment and the marketplace." The company has a history of adapting quickly. At the onset of the pandemic, AELF, Inc. expanded its core business as an aircraft lessor to meet the needs of an overwhelmed cargo market. In 2020, the company, together with European partners, led the acquisition of the controlling interest in Malta-based airline Maleth Aero, expanding the group's offerings to charter and ACMI flights. With the acquisition mentioned above, the group now has a total of nine widebody aircraft in operation. While the fleet will undergo transformation to passenger configuration this summer, the group is also exploring its options for a Supplemental Type Certificate (STC) that will allow continued operation of the PTF configuration for one or more of its aircraft beyond the EASA preighter exemption deadline. AELF FlightService offers a full spectrum of air freight and passenger services, including single charter flights and mid-term ACMI/wet and damp leases, as well as more traditional liquidity solutions such as long-term operating leases, sale and leasebacks, sale and wet leasebacks, among other services. About AELF FlightService AELF FlightService is a global aircraft leasing company providing finance, leasing and air charter solutions to the aviation industry. The company offers a full spectrum of services ranging from long-term operating leases to single charter flights and mid-term ACMI programs operated by widebody airline Maleth Aero, with which it shares common ownership. The group has offices in Chicago, Miami and Malta.

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AEROSPACE

ONEflight International becomes aviation partner with SALT

ONEflight International | April 05, 2022

ONEflight International, Inc. announced today that the company was chosen to be a private aviation partner to SALT, a global thought leadership and networking forum encompassing finance, technology and geopolitics. Their annual events confer approximately 2,000 investors, asset owners, managers, entrepreneurs, and policy makers under one roof with past speakers like Vice President Joe Biden, President Bill Clinton, President George W. Bush and Secretary Condoleezza Rice. Their next conference is Crypto Bahamas, held at the Baha Mar in Nassau from April 26-29, 2022. Speakers and panelists include O’Leary Ventures Chairman Kevin O’Leary, HiDef, Inc. Founder Rick Fox, Edge & Node Co-Founder Tegan Kline, and SALT Chairman and former White House Communications Director Anthony Scaramucci. The full agenda will be announced later this month. “We’re thrilled to partner with ONEflight International for SALT’s private aviation needs. The innovative private jet brand revolutionized the industry, setting a new standard in air travel that we are happy to offer our speakers and attendees.” Anthony Scaramucci - Chairman, SALT ONEflight boasts the world’s largest network of private aircraft easily accessible through their proprietary booking platform, Book-A-Jet (BAJ). BAJ provides immediate access to search and create a customizable itinerary, selecting from over 5,000 aircraft ranging from turbo props to large capacity jets. The company maintains a vetted network of 500 of the top operators worldwide to ensure unprecedented availability and flexibility. The new highly interactive BAJ app launched in Q4 2021, reaffirming the company’s commitment to digitize private air travel with groundbreaking technologies that can be used broadly across all corners of the industry. “SALT is filled with innovators, entrepreneurs and the brightest minds making a difference in the world through their technological, financial, and policy advancements. The amazing work they do inspires us at ONEflight to continue innovating and striving for more with our own platforms and offerings. We’re proud to act as SALT’s partner and support the connectivity between these forward-thinking attendees.” Ferren Rajput - Founder & CEO, ONEflight International About ONEflight International, Inc. ONEflight International, Incorporated is a global private aviation company revolutionizing the luxury private jet travel industry since the company’s founding in 2010. It is the fastest growing market leader developing and implementing technological solutions for non-commercial air travel through the proprietary online Book a Jet platform. With nearly 500 world-class aircraft charter operator partnerships and a network of 5,000 private jets worldwide, ONEflight empowers members to seamlessly search, select and book a private flight with a fleet of aircraft at their disposal and excellent customer service from booking to disembarking. ONEflight firmly believes you don’t need to OWN, you just need to FLY!

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CABIN MANAGEMENT

Joby partners with CAE for eVTOL aircraft pilot training

CAE | March 10, 2022

CAE announced today that it has partnered with Joby Aviation Inc., a California-based company developing all-electric aircraft for commercial passenger service, to develop and qualify flight simulation training devices that will be used to train the future pilots of Joby's revolutionary all-electric aircraft. Leveraging the core simulation technology Joby has been developing for the past five years, CAE will work with Joby to develop pilot training devices specifically for the company's electric vertical take-off and landing (eVTOL) aircraft. Joby intends to both manufacture and operate its aircraft, requiring the company to train a new generation of pilots. Used to simulate aircraft flight in various environments and conditions, flight simulators are an integral part of readying pilots to fly a new type of aircraft. "CAE has a sterling reputation for delivering excellent simulation and training solutions. We look forward to a world where thousands of Joby pilots are flying our aircraft every day and we couldn't ask for a better partner to help make that a reality." Bonny Simi, Head of Air Operations and People for Joby Joby is currently working with the Federal Aviation Administration (FAA) to secure its Part 135 Air Carrier Certificate, establishing the processes and regulatory approvals necessary for the company to operate commercially, with an expected service launch in 2024. "We are thrilled to partner with Joby to help bring their pioneering vision to life," said Nick Leontidis, CAE's Group President, Civil Aviation Training Solutions. "With more than 75 years of experience in the design, development and manufacture of flight simulators, CAE brings extensive expertise with new aircraft types to support the qualification of Joby's eVTOL fixed base flight training device and full-flight simulator with the FAA." CAE recently announced Project Resilience, a CAD$1 billion investment into aviation technologies of the future. The investment accelerates CAE's role as a leader in end-to-end technology development, operational support and training solution for eVTOL pilots and Advanced Air Mobility. With its low noise profile, Joby's eVTOL aircraft is designed to make fast, emissions-free, and convenient air travel an everyday reality in cities and communities around the world. Joby's fly-by-wire aircraft employs a unified flight control system and uses controls that are similar to fixed-wing aircraft, resulting in a smooth transition for pilots. "We believe many pilots will consider flying for Joby to be a great career opportunity," said Simi. "In addition to flying an environmentally friendly aircraft with a great piloting experience, we'll offer pilots a reliable schedule that allows them to be home every evening, a luxury not available to most professional pilots." About CAE CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of more than 70 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. As testament to our customers' ongoing needs for our solutions, over 60 percent of CAE's revenue is recurring in nature. We have the broadest global presence in our industry, with more than 11,000 employees, 160 sites, and training locations in over 35 countries. About Joby Aviation Joby Aviation, Inc. is a California-based transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024. The aircraft, which has a maximum range of 150 miles on a single charge, can transport a pilot and four passengers at speeds of up to 200 mph. It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit. Founded in 2009, Joby employs around 1,000 people, with offices in Santa Cruz, San Carlos, and Marina, California, as well as Washington, D.C. and Munich, Germany.

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CARGO MANAGEMENT

AELF FlightService Adds Fifth A330 to Fleet With Flexible Passenger-to-Cargo Configuration

AELF FlightService | April 28, 2022

AELF FlightService announced today that its fifth Airbus 330-200 (registered as 9H-CFS) is officially on certificate, flying in passenger-to-freighter (PTF) configuration. The aircraft commenced its first commercial flight in PTF configuration on April 23, flying from Vietnam to the U.S. The addition of 9H-CFS puts the group in a leading position among ACMI widebody charter operators in the world in terms of fleet size. Its five A330s are currently in PTF configuration, in which passenger seats have been removed and cargo nets have been installed to hold parcel freight in the upper deck, in addition to the standard freight capacity in the lower deck. The configuration is reversible in a matter of weeks, which the company plans to exercise this summer. "As supply chain issues drag on, the addition of 9H-CFS is our commitment to fulfilling the need for capacity in the air cargo market in the short-term, while maximizing our flexibility to return to passenger service later this year." Joe Cirillo, Chief Operating Officer at AELF FlightService As AELF FlightService commences passenger flights this summer, it will do so with the addition of its sixth A330-200. This recently acquired aircraft is configured with a brand-new passenger interior accommodating 295 passengers. An additional three of the company's A330s will also be converted back to passenger configuration by August. The A330 fleet will be operated by the company's affiliate Maleth Aero. "The flexibility of the configuration was a draw for us from the beginning," said Lee Jones, President of Maleth Aero. "Anticipating an inevitable return of passenger demand and a time limit from EASA on the preighter exemption, we looked to the option that would provide a solution for our cargo customers but also allow us to adapt to the regulatory environment and the marketplace." The company has a history of adapting quickly. At the onset of the pandemic, AELF, Inc. expanded its core business as an aircraft lessor to meet the needs of an overwhelmed cargo market. In 2020, the company, together with European partners, led the acquisition of the controlling interest in Malta-based airline Maleth Aero, expanding the group's offerings to charter and ACMI flights. With the acquisition mentioned above, the group now has a total of nine widebody aircraft in operation. While the fleet will undergo transformation to passenger configuration this summer, the group is also exploring its options for a Supplemental Type Certificate (STC) that will allow continued operation of the PTF configuration for one or more of its aircraft beyond the EASA preighter exemption deadline. AELF FlightService offers a full spectrum of air freight and passenger services, including single charter flights and mid-term ACMI/wet and damp leases, as well as more traditional liquidity solutions such as long-term operating leases, sale and leasebacks, sale and wet leasebacks, among other services. About AELF FlightService AELF FlightService is a global aircraft leasing company providing finance, leasing and air charter solutions to the aviation industry. The company offers a full spectrum of services ranging from long-term operating leases to single charter flights and mid-term ACMI programs operated by widebody airline Maleth Aero, with which it shares common ownership. The group has offices in Chicago, Miami and Malta.

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AEROSPACE

ONEflight International becomes aviation partner with SALT

ONEflight International | April 05, 2022

ONEflight International, Inc. announced today that the company was chosen to be a private aviation partner to SALT, a global thought leadership and networking forum encompassing finance, technology and geopolitics. Their annual events confer approximately 2,000 investors, asset owners, managers, entrepreneurs, and policy makers under one roof with past speakers like Vice President Joe Biden, President Bill Clinton, President George W. Bush and Secretary Condoleezza Rice. Their next conference is Crypto Bahamas, held at the Baha Mar in Nassau from April 26-29, 2022. Speakers and panelists include O’Leary Ventures Chairman Kevin O’Leary, HiDef, Inc. Founder Rick Fox, Edge & Node Co-Founder Tegan Kline, and SALT Chairman and former White House Communications Director Anthony Scaramucci. The full agenda will be announced later this month. “We’re thrilled to partner with ONEflight International for SALT’s private aviation needs. The innovative private jet brand revolutionized the industry, setting a new standard in air travel that we are happy to offer our speakers and attendees.” Anthony Scaramucci - Chairman, SALT ONEflight boasts the world’s largest network of private aircraft easily accessible through their proprietary booking platform, Book-A-Jet (BAJ). BAJ provides immediate access to search and create a customizable itinerary, selecting from over 5,000 aircraft ranging from turbo props to large capacity jets. The company maintains a vetted network of 500 of the top operators worldwide to ensure unprecedented availability and flexibility. The new highly interactive BAJ app launched in Q4 2021, reaffirming the company’s commitment to digitize private air travel with groundbreaking technologies that can be used broadly across all corners of the industry. “SALT is filled with innovators, entrepreneurs and the brightest minds making a difference in the world through their technological, financial, and policy advancements. The amazing work they do inspires us at ONEflight to continue innovating and striving for more with our own platforms and offerings. We’re proud to act as SALT’s partner and support the connectivity between these forward-thinking attendees.” Ferren Rajput - Founder & CEO, ONEflight International About ONEflight International, Inc. ONEflight International, Incorporated is a global private aviation company revolutionizing the luxury private jet travel industry since the company’s founding in 2010. It is the fastest growing market leader developing and implementing technological solutions for non-commercial air travel through the proprietary online Book a Jet platform. With nearly 500 world-class aircraft charter operator partnerships and a network of 5,000 private jets worldwide, ONEflight empowers members to seamlessly search, select and book a private flight with a fleet of aircraft at their disposal and excellent customer service from booking to disembarking. ONEflight firmly believes you don’t need to OWN, you just need to FLY!

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CABIN MANAGEMENT

Joby partners with CAE for eVTOL aircraft pilot training

CAE | March 10, 2022

CAE announced today that it has partnered with Joby Aviation Inc., a California-based company developing all-electric aircraft for commercial passenger service, to develop and qualify flight simulation training devices that will be used to train the future pilots of Joby's revolutionary all-electric aircraft. Leveraging the core simulation technology Joby has been developing for the past five years, CAE will work with Joby to develop pilot training devices specifically for the company's electric vertical take-off and landing (eVTOL) aircraft. Joby intends to both manufacture and operate its aircraft, requiring the company to train a new generation of pilots. Used to simulate aircraft flight in various environments and conditions, flight simulators are an integral part of readying pilots to fly a new type of aircraft. "CAE has a sterling reputation for delivering excellent simulation and training solutions. We look forward to a world where thousands of Joby pilots are flying our aircraft every day and we couldn't ask for a better partner to help make that a reality." Bonny Simi, Head of Air Operations and People for Joby Joby is currently working with the Federal Aviation Administration (FAA) to secure its Part 135 Air Carrier Certificate, establishing the processes and regulatory approvals necessary for the company to operate commercially, with an expected service launch in 2024. "We are thrilled to partner with Joby to help bring their pioneering vision to life," said Nick Leontidis, CAE's Group President, Civil Aviation Training Solutions. "With more than 75 years of experience in the design, development and manufacture of flight simulators, CAE brings extensive expertise with new aircraft types to support the qualification of Joby's eVTOL fixed base flight training device and full-flight simulator with the FAA." CAE recently announced Project Resilience, a CAD$1 billion investment into aviation technologies of the future. The investment accelerates CAE's role as a leader in end-to-end technology development, operational support and training solution for eVTOL pilots and Advanced Air Mobility. With its low noise profile, Joby's eVTOL aircraft is designed to make fast, emissions-free, and convenient air travel an everyday reality in cities and communities around the world. Joby's fly-by-wire aircraft employs a unified flight control system and uses controls that are similar to fixed-wing aircraft, resulting in a smooth transition for pilots. "We believe many pilots will consider flying for Joby to be a great career opportunity," said Simi. "In addition to flying an environmentally friendly aircraft with a great piloting experience, we'll offer pilots a reliable schedule that allows them to be home every evening, a luxury not available to most professional pilots." About CAE CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place. Backed by a record of more than 70 years of industry firsts, we continue to reimagine the customer experience and revolutionize training and operational support solutions in civil aviation, defence and security, and healthcare. We are the partner of choice to customers worldwide who operate in complex, high-stakes and largely regulated environments, where successful outcomes are critical. As testament to our customers' ongoing needs for our solutions, over 60 percent of CAE's revenue is recurring in nature. We have the broadest global presence in our industry, with more than 11,000 employees, 160 sites, and training locations in over 35 countries. About Joby Aviation Joby Aviation, Inc. is a California-based transportation company developing an all-electric vertical take-off and landing aircraft which it intends to operate as part of a fast, quiet, and convenient air taxi service beginning in 2024. The aircraft, which has a maximum range of 150 miles on a single charge, can transport a pilot and four passengers at speeds of up to 200 mph. It is designed to help reduce urban congestion and accelerate the shift to sustainable modes of transit. Founded in 2009, Joby employs around 1,000 people, with offices in Santa Cruz, San Carlos, and Marina, California, as well as Washington, D.C. and Munich, Germany.

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