These findings imply that the first wave of eVTOL developers should focus less on pitching their services as a daily commuting solution, and more on a mix of use cases that can support a practical and profitable roll-out. There’s a chicken-and-egg element involved in scaling UAM: driving costs low enough to create the demand that will drive costs down even further. While there are additional hurdles to scale (such as coordinating thousands of low-altitude flights per day in congested urban airspace) economics will be front and center in establishing this new industry’s viability, and the evidence suggests that if you build a system for commuters alone, they won’t come.
Log-in here if you’re already a subscriber Release DateNovember 23, 2022Archer plays the hare to Joby’s tortoise in eVTOL racePurchase...
Jon Ostrower and Elan Head·
Log-in here if you’re already a subscriber Release DateMay 25, 2023Acting FAA Administrator Nolen in advanced talks to join ArcherPurchase...
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.
Log-in here if you’re already a subscriber Release DateOctober 15, 2023UP.Summit underscores slow but steady pace of eVTOL progressPurchase a...
What we still don’t know about Archer’s deal with United Along with the release of its Q2 financial results this...
Log-in here if you’re already a subscriber HEAR FROM THE AIR CURRENT Leave this field empty if you're human: Release...
Log-in here if you’re already a subscriber Since 2016, when Uber Elevate launched electric vertical take-off and landing aircraft into...
Log-in here if you’re already a subscriber Release DateJune 8, 2023Newly proposed FAA rules could create eVTOL pilot training hurdlePurchase...
Log-in here if you’re already a subscriber Release DateOctober 12, 2022The fascinating fine print behind Delta's bet on JobyPurchase a...
Log-in here if you’re already a subscriber How much juice do the key eVTOL entrants have left in their tanks?...
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