Three Points: Buffett units bet on UAM, Chorus acquires Falko, U.S./U.K. bilateral eVTOL cert

Issue No. 53

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  • 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.
  • (Bonus fourth point) A first look at Whisper Aero’s electric propulsor-powered Whisper Drone.
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