Troubled electric vertical takeoff and landing (eVTOL) developer Lilium has reportedly laid off almost 1,000 employees — nearly all of its staff, according to Grunderszene. The outlet reported that th...
Electric vertical takeoff and landing (eVTOL) aircraft developer New Horizon Aircraft has secured an investment from a strategic investor with proceeds of $8.4 million. The company said the investment...
Electrical vertical takeoff and landing (eVTOL) developer Vertical Aerospace reported its third quarter 2024 financial results. The developer reported research and development expenses totalling £45.1...
The Civil Aviation Authority of Norway (CAA Norway), along with airport operator Avinor, BETA Technologies and Bristow Norway have signed a letter of intent (LOI) to participate in an international te...
The European Commission is putting in place a flight emissions label (FEL), which it said will offer a “clear and trustworthy methodology for calculating flight emissions". Passengers will have the ab...
International price-reporting agency Fastmarkets has launched its voluntary carbon pricing and news service on December 18, 2024. The company said the services will act as a resource for businesses an...
Electric vertical takeoff and landing (eVTOL) aircraft Joby Aviation completed a series of major aerostructure tests for certification credit with the Federal Aviation Administration (FAA). The tests ...
The UK government is seeking public feedback on adopting a global carbon offsetting scheme to reduce the impact of flying on the climate, as part of a consultation launched on December 16, 2024.The pr...
Sustainable aviation fuel (SAF) production is “significantly below” estimates in 2024, said the International Air Transport Association (IATA) on December 10, 2024. The association said SAF production...
Archer Aviation has entered into a multi-party collaboration agreement with a number of entities from the UAE, in order to advance the establishment of electric air taxi operations in Abu Dhabi. The a...
IFC is providing up to $35 million in equity and debt financing to SAFCO Venture to help establish Pakistan's first greenfield sustainable aviation fuel (SAF) facility. The facility will convert used ...
Lilium sold eight of its Lilium electric vertical takeoff and landing (eVTOL) jets to The Ambitious Group - an executive eVTOL operator planning initial operations out of Marbella and Amsterdam. The b...
We're Social