Before the sun came up over Boeing’s commercial operations in Seattle on Monday morning, the aerospace giant’s headquarters in Chicago...
While such deals across the rising eVTOL industry seemingly represent a new aerospace business model in which customers have a stake in the overall success of the product, a detailed review of securities filings and other fine print by The Air Current reveals a far more transactional arrangement. Airlines are lending their branding and credibility in exchange for a possibly lucrative piece of a buzzy market, regardless of whether or not an aircraft will be delivered or even formally ordered.
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Embraer and Boeing on July 5 formally unveiled their plans to establish a joint venture, carving out the Brazilian manufacturer’s...
Denial of aviation is a weapon that predates the 21st century battlefield. Yet, with the return of war to Europe, it is also aviation’s Achilles’ heel. With it comes a cascading series of immediate and longer term consequences in the skies as commercial and industrial links are quickly broken after decades of cultivation following the fall of the Soviet Union.
Log-in here if you’re already a subscriber Release DateFebruary 27, 2023Air India joins aircraft boom, but history of airline busts...
When Embraer spinoff Eve on Dec. 21 confirmed plans to combine with Zanite Acquisition Corp., it became the sixth company in the urban air mobility space to link up with a special purpose acquisition company (SPAC). Rather than speak to the continued strength of SPACs, however, the deal illustrates the funding vehicle’s decline as an ample source of outside capital — even as it cements Embraer’s strategy of using partnerships to expand into new markets.
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Log-in here if you’re already a subscriber Release DateJune 26, 2023DOT Audit report details conflict within FAA over eVTOL certificationPurchase...
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Log-in here if you’re already a subscriber Release DateMay 9, 2019Mitsubishi faces a rising monopoly as the sun sets on...
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