Air Canada had a dual fleet but got rid of its cargo jets years ago. A pandemic epiphany led the airline to invest in 12 freighters.
Elroy Air wants to enable same-day delivery to every person on the planet. It’s now one step closer with the reveal of its flagship model.
Craig Fuller, the founder and CEO of FreightWaves, acquired Flying, the world’s most widely read aviation publication from Bonnier Corporation. The American enthusiast publisher has owned Flying for over a […]
Even though there is no indication Tesla is interested in eVTOLs at this time, Morgan Stanley says the company will eventually offer services related to urban air mobility.
After a slow start, Morgan Stanley sees the urban air mobility market quickly accelerating after the year 2040, growing from a $1.5 trillion market size to more than $9 trillion in 10 years.
Fidelity had led a $360 million private funding round into BETA Technologies to speed development of small electric aircraft for passenger and cargo usage.
Wingcopter is a German-based startup that manufactures drones that attain maximum speeds of 150 mph with a 75-mile range.
California-based electric air taxi startup Joby Aviation has raised $590 million in its Series C financing round.
Uber and Hyundai have showcased a full-scale prototype of an eVTOL aircraft that will be mass-produced for Uber’s air taxi network.
Elroy Air is working to expand the reach of expedited logistics by introducing an aerial cargo vertical takeoff and landing (VTOL) system that is designed specifically for carrying medium payload cargo over fairly long range distances.
