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Aviation Technology
Electra | September 28, 2022
Electra.aero, Inc , a next-gen aerospace company with a mission to help decarbonize aviation and open new air transportation markets, announced today that it has completed the first flight of a solar-battery hybrid electric research aircraft. This 90-foot wingspan unmanned aircraft system (UAS) made its first flight from Manassas Regional Airport, Virginia on September 9, 2022, and is the first airplane to emerge from Electra's new development facility there.The new plane, named Dawn One, is...
Air Transport
PRnewswire | July 18, 2023
Loft Dynamics (formerly VRM Switzerland), a leader in virtual reality (VR) flight simulation devices for pilots worldwide, announced an unprecedented partnership with the Federal Aviation Administration (FAA). Loft Dynamics' simulators – the first and only VR flight simulators with regulatory approval in Europe – are now undergoing U.S. evaluation by the FAA. The FAA has selected Loft Dynamics' Airbus H125 and Robinson R22 simulators to explore, for the first time, the ...
Business Aviation
Eve; Azorra | December 22, 2021
Eve Air Mobility, an Embraer company, and Azorra, a longstanding partner and lessor of Embraer aircraft, signed a Letter of Intent (LOI) to order up to 200 of Eve's electric vertical take-off and landing (eVTOL) aircraft. This collaboration, in addition to the investor partnership announced today, confirms Azorra and Eve's joint commitment to provide accessible transportation and infrastructure solutions for early adopters of the Urban Air Mobility (UAM) industry. Eve'...
Wheels Up | April 04, 2022
Wheels Up Experience Inc., the leading brand in private aviation, today announced it has officially closed its acquisition of Air Partner plc, a U.K.-based global aviation services group with operations in 18 locations and four continents. Under the terms of the transaction, and following stockholder and regulatory approval, Wheels Up has acquired the entire issued share capital of Air Partner for 125 pence per share, equivalent to an enterprise value of approximately $109 million. ...
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