Log-in here if you’re already a subscriber Release DateMay 18, 2022Pentagon has quietly growing doubts about Boeing’s directionPurchase a PDF...
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.
Today's stopgap power-by-the-hour agreements with ailing airlines test the viability of a future all-inclusive leasing model.
