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From theaircurrent.com

Mudrick Capital sweetens its deal for eVTOL developer Vertical Aerospace

1 1

Largest creditor offers guaranteed funding and enticements for new investors.

#evtol #mudrick #aviation #electricaviation #advancedairmobility

23h ago

From theaircurrent.com

Breaking down the FAA’s new eVTOL operating rules

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A deep dive into the key provisions and context of the powered-lift SFAR.

on Nov 4

From theaircurrent.com

Boeing and IAM set Nov. 4 for possible strike-ending vote

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The union representing 33,000 striking Boeing workers endorsed a proposal from the company that would end the now 48-day strike at the airplane maker with a Nov. 4 vote.

on Nov 1

From theaircurrent.com

Mudrick Capital makes play for control over eVTOL developer Vertical Aerospace

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Creditor says it has been ‘denied at every turn’ by Vertical’s founder and controlling shareholder

on Oct 27

From theaircurrent.com

Crunching 16 years of data to examine Boeing’s proposal to end machinist strike

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New Boeing proposal to unionized machinists recovers ground lost through last contract, regional economic boom and inflation.

on Oct 22

From theaircurrent.com

New York City continues push to electrify heliports, promising quieter flights

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NYC Economic Development Corporation announcement underscores political value of quiet eVTOLs in a city where complaints about helicopter noise are rife.

on Oct 19

From theaircurrent.com

G3000 Prime pushes Garmin (and pilots) beyond ‘direct, enter, enter’

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New integrated flight deck may be just revolutionary enough

on Oct 18

From theaircurrent.com

Emirates’ Clark raises ‘looming’ specter of Boeing bankruptcy protection

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Delay of 777X further frustrates Boeing’s largest wide body customer

on Oct 17

From theaircurrent.com

Boeing strike: An interview with IAM 751 president Jon Holden

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Boeing and machinists union hit stalemate as TAC interviews IAM president on the path forward.

on Oct 10

From theaircurrent.com

Momentum builds against standalone eVTOL vertiport standards

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Maybe eVTOLs and helicopters shouldn’t have separate infrastructure standards after all.

on Sep 29

From theaircurrent.com

Reliable Robotics secures new funds for uncrewed Air Force flight demos

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TACFI award follows successful autonomous Caravan flights in agile combat employment exercise.

on Sep 13

From theaircurrent.com

Machinists overwhelmingly reject Boeing contract, vote to strike - The Air Current

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Log-in here if you’re already a subscriber HEAR FROM THE AIR CURRENT Leave this field empty if you're human: SEATTLE — Boeing’s unionized machinists voted 94.6% to reject a four-year contract and concurrently approved a strike with 96% in support. That work stoppage begins at midnight on Sept....

on Sep 13

From theaircurrent.com

FAA knew of potential for radar issues before Labor Day Newark failures

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Planned fix to avoid future occurrences could take months to implement.

on Sep 7

From theaircurrent.com

How tweaks to ATC procedures can fast-track eVTOL airport shuttles

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NASA simulations suggest that urban air mobility vehicles won’t need novel ATM constructs anytime soon.

on Sep 5

From theaircurrent.com

The long and uncertain road to fixing America’s most snarled airspace

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The Newark airspace relocation is complete. Can it fix New York's decades-old ATC challenges?

on Aug 28

From theaircurrent.com

Boeing grounds 777X test fleet after failure of key engine mounting structure

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Structure was found to be severed on one test 777X aircraft, while inspections turned up issues on two others

on Aug 26

From theaircurrent.com

Flawed metal & failed communication: Breaking down the Air Force’s fatal Osprey crash

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Documents reviewed by The Air Current reveal a persistent manufacturing problem with implications that extend beyond the V-22 Osprey and across military and civil aviation.

on Aug 23

From theaircurrent.com

Vertical Aerospace founder delays additional investment in the company

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Vertical Aerospace founder Stephen Fitzpatrick has yet to provide the second half of a promised $50 million equity investment in the company, but a substantial payout from Rolls-Royce means the U.K.-based electric vertical take-off and landing developer is not hurting for cash in the meantime.

on Aug 16

From theaircurrent.com

FAA releases its first AI roadmap, aligning with position of industry leaders

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With its safety-focused AI roadmap, the FAA joins others in the aviation industry who are looking past the AI hype to concentrate on the technology.

on Aug 14

From theaircurrent.com

Flight 1282’s postscript is prologue for Boeing’s Kelly Ortberg

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Twenty hours of grueling NTSB hearings shed light on the enormous challenges facing Boeing’s new CEO.

on Aug 10

From theaircurrent.com

Live Updates: NTSB Alaska 1282 Investigative Hearing - The Air Current

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Air safety reporting by The Air Current is provided without a subscription as a public service. Please subscribe to gain full access to our all scoops, in-depth reporting and analyses. On Aug. 6 and 7, the National Transportation Safety Board is holding an investigative hearing into the incident...

on Aug 7

From theaircurrent.com

FAA’s approach to eVTOL certification leaves regulatory ‘gaps’ for multicopters

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Pilot qualification is one of several unknowns surrounding the arrival of multicopter eVTOLs in the U.S.

on Aug 6

From theaircurrent.com

Aerospace enters the era of the less stable duopoly

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A small rhetorical change signals the strategic landscape for Airbus, Boeing, Embraer & Comac is shifting. And a word of caution from Airbus's Christian Scherer to Embraer.

on Aug 3

From theaircurrent.com

Kelly Ortberg is Boeing’s next chief executive

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Boeing named former CEO of Rockwell Collins, Kelly Ortberg, its next chief executive, as the aerospace giant looks to recast itself with outsider leadership after decades of acute strategic struggles that have seen its industry position diminish as one half of the world’s most powerful duopoly.

on Aug 2

From theaircurrent.com

FAA closes in on key eVTOL rulemaking

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The Special Federal Aviation Regulation (SFAR) that will govern operations of powered-lift aircraft in the U.S. is now undergoing review by the White House’s Office of Management and Budget (OMB), putting it on track to be finalized by October of this year.

on Jul 29

From theaircurrent.com

Former Rockwell Collins CEO joins list of Boeing CEO candidates

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‘Extremely aggressive’ rumor mill churns on Boeing chief executive contest

on Jul 29

From theaircurrent.com

In a first, Embraer plans automated takeoff for E2 jetliners

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Embraer will introduce a system to automate the takeoff of its E2 jetliner family, a major technology step forward that expands automation to a phase of flight that throughout commercial aviation history has been exclusively an action controlled by human hands.

on Jul 24

From theaircurrent.com

California business travelers underpin Southwest’s eVTOL deal with Archer

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Southwest’s intra-California dominance provides a starting point for the marriage of premium air taxi and no-frills airline service.

on Jul 13

From theaircurrent.com

Boeing begins 777X certification flight trials with FAA

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Boeing on Friday formally began flight testing the 777-9 with the Federal Aviation Administration aboard, clearing a key initial milestone for the twin-jet as the plane maker progresses through its long-delayed certification, according to two people familiar with the program’s progress.

on Jul 13

From theaircurrent.com

Aerial tourism gains momentum as early eVTOL use case

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Companies that were once focused exclusively on UAM have started to embrace air tours as their eVTOLs approach commercialization.

on Jul 9

From theaircurrent.com

Boeing and Airbus aside, huge uncertainty hangs over the rest of Spirit AeroSystems

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Supplier’s work for major business aviation OEMs remains in flux as deal with Boeing and Airbus unveiled

on Jul 3

From theaircurrent.com

Inside the strained union of Boeing and Spirit AeroSystems

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Carving off its Kansas and Oklahoma operations was a strategic mistake, Boeing execs past and present conclude. Is buying back spirit AeroSystems in the cards?

on Jul 2

From theaircurrent.com

Alaska formally returns Flight 1282 737 Max 9 to Boeing

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Alaska Airlines has formally returned the 737 Max 9 to Boeing that was involved in the accident aboard flight 1282 in January.

on Jun 29

From theaircurrent.com

NTSB sanctions Boeing for sharing unauthorized Alaska 1282 information during pre-air show briefing

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Boeing retains party status, but NTSB limits its access to the investigative information after comments in advance of the Farnborough International Airshow.

on Jun 28

From theaircurrent.com

FAA will act to close ‘loophole’ for public charter flights

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Agency rulemaking will require public charters like JSX to operate under Part 121, but FAA will also explore new operating models for the future.

on Jun 26

From theaircurrent.com

Spirit AeroSystems ‘at the goal line’ on deal with Boeing and Airbus

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Announcement of an agreement could come as early as Monday

on Jun 26

From theaircurrent.com

Boeing is shifting engineers away from X-66A development

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To keep Max and 777X on track, the company risks getting further from an all-new airplane.

on Jun 26

From theaircurrent.com

Boeing will lose on Capitol Hill, how much is up to David Calhoun

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A political circus and national frustration await Boeing CEO’s senate testimony.

on Jun 26

From theaircurrent.com

Wisk’s Verocel acquisition underscores growing demand for software verification

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Critical software assurance for eVTOLs and other future aircraft at the center of Boeing subsidiary’s purchase of Verocel.

on Jun 25

From theaircurrent.com

Icon Aircraft identifies successful bidder for sale of company

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Icon Aircraft has identified SG Investment America as the successful bidder for the ultimate sale of its business, according to legal filings, moving the company one step closer to emerging from a Chapter 11 process that it entered in April. 

on Jun 25

From theaircurrent.com

Boeing during Farnborough will leave 737 Max and 777X test aircraft at home

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Boeing will not bring any of its commercial aircraft currently under development to next month’s Farnborough air show, the company confirmed. The 777-9, 737 Max 7 and 10 will not attend the biennial summer air show, as Boeing opts to focus its resources on completing those protracted flight test...

on Jun 25

From theaircurrent.com

Archer’s Midnight eVTOL performs successful first transition flight

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Archer Aviation has completed the first transition flight of its uncrewed Midnight prototype, a key milestone for the electric vertical take-off and landing developer that could also unlock an additional $55 million in equity funding from automaker Stellantis.

on Jun 24

From theaircurrent.com

A ‘roller coaster’: Inside the FAA’s quest for stable funding

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Amid an increasingly unpredictable funding landscape, the FAA could now be ready to help define its financial future

on Jun 24

From theaircurrent.com

U.S. House reps launch bipartisan sustainable aviation caucus

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Reps. Davids and Johnson showcase sustainable aviation’s appeal to members on both sides of the aisle

on Jun 24

From theaircurrent.com

Archer reveals details of plan to operate eVTOLs for United Airlines

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Receipt of its Part 135 operator certificate from the FAA is a key step toward Archer deploying its electric air taxis for airport transfers

on Jun 6

From theaircurrent.com

Volocopter secures new funding from existing investors - The Air Current

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Six weeks after warning that it could be forced to consider insolvency, the German electric vertical take-off and landing developer Volocopter has secured a financial lifeline. “We are pleased to say that Volocopter has been successfully financed by several existing investors,” the company told...

on Jun 5

From theaircurrent.com

Imminent EU elections could push Brussels towards approving Lufthansa-ITA deal

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Lufthansa Group CEO Carsten Spohr is confident that European Commission competition authorities are ready to green light the group’s takeover of state-owned Italian carrier ITA Airways. A decision could come this week ahead of EU elections on June 6-9 and the continental political dynamics could...

on Jun 5

From theaircurrent.com

Joby brings autonomy startup Xwing into its growing fold - The Air Current

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The eVTOL developer’s latest acquisition positions it as a new leader in aviation autonomy.

on Jun 4

From theaircurrent.com

Expanding into defense, Pyka leverages early commercial experience

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Pyka is not the only advanced air mobility startup angling for DoD work, but it has more real-world operating practice than most.

on Jun 3