Airbus has signed an agreement with its long-term Tier 1-supplier Spirit AeroSystems on the development and manufacturing of the wings for the CityAirbus NextGen. The revised version of Airbus’ eVTOL vehicle is scheduled to make its first flight in 2023. Airbus…
Rolls-Royce has produced its first operating profit since 2019, reporting a £414 million underlying operating result for 2021. The engine maker has completed a long and painful restructuring that has reduced its Civil Aerospace unit in size by one-third. It expects…
eVTOL commitments - bubble or not?
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The US domestic eVTOL market should, in theory, be massive. US air travel is mature, while road traffic grows worse with congestion increasing on decaying road infrastructure. The option of being able to literally fly over the clogged, and broken,…
Vertical Aerospace has agreed on a joint development program with Italy’s Leonardo to design, test, and manufacture the composite fuselage of the XV4 eVTOL. The agreement includes the production of potentially 2.000 fuselage sections per year, both companies announced on…