JetBlue Puts Its Money Where Its Mouth Is With Advanced Air Mobility Investments

JetBlue Airways’ investments in early-stage companies through its JetBlue Ventures division reflect a willingness to commit financial resources to a wide range of eco-conscious enterprises. Although it doesn't limit its investments to technology companies, JetBlue Ventures professes a commitment to sustainability remains as a core value, evidenced by its stakes in companies such as eVTOL developer Joby, Universal Hydrogen, and, most recently, battery pack developer Electric Power Systems.

Supernal Selects eVTOL Aircraft Flight Deck and Flight Control Partners

Hyundai's advanced air mobility division Supernal says Honeywell's new Anthem integrated flight deck will support it's eVTOL aircraft's need for high levels of connectivity as well as the transition to simplified vehicle operations. Rival eVTOL developers Lilium and Vertical Aerospace are also using the technology.

More Payload and Lower Costs Could Unlock the Potential of the Autonomous Rhaegal Freighter

California-based Sabrewing is now building its first full-scale prototype of the uncrewed, hybrid-electric Rhaegal B cargo aircraft with the aim of making the first deliveries in December 2023. With the promise of low operating costs, prospective customers, including a company that flies for the United Nations World Health/World Food program, have signed up for 128 aircraft.

Heart Collects Commitment for Up to Six ES-30 electric airplanes from Portugal’s Sevenair

Portuguese regional airline Sevenair has signed a letter of intent covering up to six Heart Aerospace electric ES-30s. With the expression of interest from Sevenair, Heart Aerospace has collected commitments for the purchase 230 ES-30s, options for 100, and LOIs for a further 99 of the regional airplanes. The extended-range version of the ES-30 could cover all of the airline’s seven routes in Portugal.

Eve and Skyway Will Integrate Air Traffic Management and Vertiport Navigation Services

While working on its own four-passenger eVTOL aircraft, Eve Air Mobility wants to also position itself as a provider of technology, including urban air traffic management software. It is partnering with Skyway Technology, which is already supporting drone operations and wants to introduce navigation services for vertiports.

Surf Air Signs $450 million Funding Commitment With Leasing Group Jetstream Aviation Capital

Jetstream Aviation Capital has committed to providing $450 million to help Surf Air Mobility develop a supplemental type certificate for hybrid and fully electric powertrains in partnership with MagniX and AeroTec. Jetstream also plans to buy up to 250 hybrid and fully electric powertrains from Surf Air.

American Airlines Places Equity Investment in Universal Hydrogen

American Airlines has made an equity investment in Universal Hydrogen as part of its effort to support science-based targets to reduce greenhouse gas (GHG) emissions by 2035 and a commitment to achieve net-zero GHG emissions by 2050. American’s investment in Universal Hydrogen comes barely two months after it said it would invest an undisclosed sum in rival hydrogen propulsion system developer ZeroAvia.