EHANG POSTS 239% JUMP IN REVENUES ON HIGHER EH216 SALESnews Yves Le Marquand 23 Nov 23 0EHang Holdings reported financial results for the third quarter of 2023, with revenues soaring 239% year-on-year to $3.9m. The increase was attributed to higher sales… Read more
Helijet orders BETA eVTOL for ‘first Canadian passenger service’news Mike Stones 1 Nov 23 0Canadian helicopter company Helijet has placed a firm order for ALIA aircraft with BETA Technologies in a bid to operate the country’s first eVTOL passenger… Read more
ARCHER RECEIVES FIRST INSTALMENT FROM US AIR FORCE CONTRACTSnews Yves Le Marquand 5 Oct 23 0Archer has received the first instalment worth nearly $1m from its recently announced contracts with the US Air Force (USAF). With a total value of… Read more
HI Uplift: Bristow sees eVTOLs and helicopters ‘on a parallel path’news Mike Stones 28 Sep 23 0Pragmatic partnership between Bristow and eVTOL manufacturers to develop advanced air mobility aircraft and the business case to support their safe and efficient operation in… Read more
ELECTRO VENTURES ORDERS 10 JUMP AERO EVTOLSnews Yves Le Marquand 27 Sep 23 0Electro Ventures has placed an order for 10 of Jump Aero’s JA1 Pulse eVTOL aircraft. Ordered with an undisclosed non-refundable deposit, Electro Ventures has worked… Read more
Léman Aviation acquires Alpes Hélicoptères to unlock ‘tremendous potential’news Mike Stones 14 Sep 23 0Helicopter services company Léman Aviation has acquired a stake in rotary ownership, training, transport and utility specialist Alpes Hélicoptères to unlock the business’s “tremendous potential”,… Read more
BRISTOW AND VOLOCOPTER AGREE TO LAUNCH EVTOL SERVICESnews Yves Le Marquand 10 Sep 23 0Bristow Group and Volocopter have signed an agreement to look at launching eVTOL passenger and cargo services in the US and UK. As part of… Read more
HI Uplift: Leonardo’s AW609 TiltRotor enjoys a big yearnews Mike Stones 31 Aug 23 0“If you are in trouble anywhere in the world, an airplane can fly over and drop flowers, but a helicopter can land and save your… Read more
Bristow pilots BETA’s ALIA on evaluation flightnews Yves Le Marquand 24 Aug 23 0Bristow has flown BETA Technologies’ eighth qualitative evaluation flight as part of onsite visit to BETA’s headquarters today. The ALIA was piloted by Bryan Willows,… Read more
Bristow posts Q2 adjusted EBITDA showing ‘building business momentum’news Mike Stones 11 Aug 23 0Bristow Group’s 35% rise in adjusted EBITDA to reach $39m, posted in second-quarter (Q2) results, shows the operators’ building business momentum, according to Chris Bradshaw,… Read more
Blade’s record Q2 revenues ‘show the plan is working’news Yves Le Marquand 11 Aug 23 0Blade’s record second-quarter (Q2) revenues of $61m, up over 70% on the same period last year, “illustrates the value proposition” of its business model, said CEO… Read more
Ampaire acquires eVTOL developer Talyn Airnews Yves Le Marquand 21 Jul 23 0Hybrid-electric aircraft developer Ampaire has acquired the eVTOL start-up manufacturer Talyn Air, as it targets growth in the drone and eVTOL sectors. The transaction also… Read more
Aska gets FAA clearance and begins flight testsnews Yves Le Marquand 5 Jul 23 0Aska has revealed its flying car, dubbed Aska A5, has received clearance from the FAA and begun flight testing. The Silicon Valley-based firm’s prototype has… Read more
Volocopter and NEOM complete test flights in Saudi Arabianews Yves Le Marquand 27 Jun 23 0Volocopter and smart city NEOM have successfully completed over a week of test flights in Saudi Arabia. This is the first time an eVTOL has… Read more
Get Heli launches ‘cheap’ heli-pooling service for UK’s Glastonbury Festivalnews Mike Stones 23 Jun 23 0Get Heli, the online helicopter charter platform, is launching a low-cost heli-pooling service for visitors to this year’s UK Glastonbury Festival, which begins in the… Read more
Volocopter reveals first public routes for Paris Olympics 2024news Mike Stones 21 Jun 23 0Volocopter and Groupe ADP have revealed the first public eVTOL routes which will be operational in time for the Paris Olympics in 2024. The announcement,… Read more
Corporate Jet Investor Quarterly: Top 10 eVTOL pioneers and morenews Mike Stones 13 Jun 23 0The top 10 leading eVTOL pioneers are profiled in the latest edition of Corporate Jet Investor Quarterly (CJIQ). Alongside the future of air taxis, we… Read more
US government forms team to set AAM strategynews Mike Stones 18 May 23 0Developing a new US strategy for advanced air mobility (AAM) and engaging the public are the aims of a US interagency team formed by the Biden… Read more
Former F1 technical director launches cargo eVTOL programmenews Mike Stones 19 Apr 23 0MGI Engineering, founded by Mike Gascoyne, who set up the Lotus Formula One (F1) team, has launched its cargo UAV technology demonstrator programme. Announced at… Read more
Global helicopter market to reach $11.5bn by 2032news Mike Stones 12 Apr 23 0The global commerical helicopter market is expected to reach a value of $11.5bn by the end of 2032, predicts a new report from Future Market… Read more
