NetJets and FlightSafety International – both units of Warren Buffett’s Berkshire Hathaway – have jumped into the electric vertical take-off and landing market, announcing plans for a strategic partnership with the German eVTOL developer Lilium. Buffett’s aviation investments have been stretched across the aerospace chain and with varying success. Chorus Aviation is acquiring Falko Regional Aircraft, kicking off a fresh round of consolidation in the leasing space -- this time among those who focus on regional aviation. The Federal Aviation Administration and U.K. Civil Aviation Authority have started working toward a bilateral agreement for the future certification and validation of eVTOL aircraft. It’s a post-Brexit signal that the CAA is not looking exclusively to Europe for guidance.
The A380 is back, sort of. Airlines are reactivating the double-deck aircraft ahead of the loosening of COVID-related travel restrictions that promise to breathe life into dormant international routes. Just don't call it a comeback for the superjumbo. By all metrics, business aviation in 2021 is thriving. Back above 2019 levels, the industry is seeing a strong uptick in new development and commercial activity, but examining Honeywell's 10-year forecasts TAC steps back to look at the uncomfortable big picture for the industry's trajectory. What was it like to fly on the Convair B-36? We listen to a first-hand recollection about an aircraft that needed six turboprops and four jet engines just to get off the ground in the early years of the Cold War.