New Forecast Sees Vast Advanced Air Mobility Services in the Asia Pacific Region by 2050

Aircraft engine maker Rolls-Royce and transportation consultants Roland Berger this week released a report that predicts the advanced air mobility (AAM) market in the Asia Pacific region will be worth $36.9 billion in annual revenues by 2050. The report, released during the Singapore Airshow, is mainly based on the anticipated adoption of eVTOL aircraft for urban and regional air mobility services, including airport shuttles and intercity connections of up to 250 km (155 miles).

For Singapore, the Path to Urban Air Mobility Could be Paved With Gold

Adopting urban air mobility (UAM) could generate S$4.18 billion ($3.1 billion) in accumulative benefits to the Singapore economy by 2030, according to a new report published by eVTOL aircraft developer Volocopter. The Singapore Roadmap proposes an initial network of four to six vertiports to support tourist flights over locations such as Marina Bay and Sentosa.

Public Acceptance and Social Impact of Advanced Air Mobility Are Key Priorities for UK Research and Innovation Group

Community engagement and discussions regarding public acceptance and the social impact of advanced air mobility (AAM) will be key research priorities, according to a report published this week by the government-backed UK Research and Innovation (UKRI).

USAF Captain Is First Military Pilot To Take the Controls of Remotely Piloted eVTOL

A U.S. Air Force (USAF) officer recently conducted the first remotely piloted flight of an eVTOL aircraft under the direct control of the government. Capt. Terrence McKenna, who is a reserve pilot and test and experimentation lead with the USAF’s Afwerx Agility Prime program, participated in remote-pilot-in-control exercises on Kitty Hawk’s Heavyside vehicle in December, according to this just-published Air Force report.

Leasing Group Explains Why It's Betting Big on eVTOLs To Transform Air Transport

Avolon is a major airliner leasing group, so last year, when it committed to adding up to 500 of Vertical Aerospace’s four-passenger VX-4 eVTOL aircraft, it got the attention of the mainstream air transport sector. Major scheduled carriers Japan Air Lines and Brazil’s Gol have already signed up to lease large numbers of these prospective additions to the group’s portfolio.

EASA's New Aviation Safety Plan Covers eVTOL Technology and Operations

EASA this week published the latest edition of its European Plan for Aviation Safety (EPAS). The document—which summarizes what the European regulator sees as safety development priorities between now and 2026—embraces several aspects of the advanced air mobility sector, including electric and hybrid-electric propulsion and the use of machine learning technology.

UK Offers Funding to Strengthen Supply Chain for Power Electronics, Motors, and Drive Technology

The UK government is offering £4.5 million ($6 million) in funding to strengthen the supply chain for power electronics, machines, and drive (PEMD) technology to be used in aviation applications. Grants of between £50,000 and £1 million are being offered by Innovate UK through the agency’s Building Talent for the Future 2 competition for which entries open on January 12.

Finance Community Sees Opportunity in Advanced Air Mobility, But Also Risk

In the advanced air mobility sector, 2021 has been the first year to see significant numbers of sales commitments for new eVTOL and eSTOL aircraft. While the solidity of these largely provisional order commitments remains in question, it has been eye-catching to witness major airlines including United, American, Virgin Atlantic, Japan Airlines, SkyWest, Azul, Gol, and Republic Airways signaling their intention to incorporate new aircraft carrying just a handful of passengers into their fleets.

Eve and Zanite Make the Case For Yet Another SPAC-backed eVTOL Landing on Wall Street

2021 has been a year in which four leading eVTOL aircraft pioneers, seeking to bring urban air mobility to Main Street, filed lucrative flight paths via share flotations on Wall Street. Following in the footsteps of Joby, Archer, Lilium, and Vertical Aerospace, Embraer subsidiary Eve on December 21 confirmed that it intends to merge with special purpose acquisition company (SPAC) Zanite and seek a New York Stock Exchange listing in the second quarter of 2022.