The letter pointed out that a quarter of all FAA facilities are 50 years or older, with the effects of underinvestment becoming “strikingly clear.”
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Archer is making progress on its manufacturing capabilities, with plans to complete construction of a high-volume manufacturing facility in Georgia later this year.
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The company managed to reduce its debt burden by over USD 100 billion, which is a significant achievement given the challenging economic environment.
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Despite the challenges, large companies continue to invest in eVTOL makers.
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INDUSTRY NEWSLatest News
Centaur’s optionally piloted aircraft completes remote-controlled test flight in U.S.
Recently, Aurora announced it conducted a test flight with the Centaur in the National Airspace System (NAS).
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Some nations advocate for this shift to ensure fair revenue distribution from air travel and shipping activities within their territories.
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India’s aviation authorities will also outline the technical aspects that air taxis will need to meet to fly in the country.
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INDUSTRY NEWSLatest News
EBACE 2024: Leonardo to support VIP-corporate helicopter footprint with these specifications
Leonardo is in advanced talks with Blueberry Aviation to extend their Central/Southern European collaboration.
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INDUSTRY NEWSLatest News
FTAI aviation to acquire Lockheed Martin’s commercial engine solutions unit
FTAI owns and maintains commercial jet engines, focusing on CFM56 and V2500 engines.
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Pointing to existing expertise in the province, Boeing Global’s president Brendan Nelson explained the investment choices.Â
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