Aircraft maker, ATR is refocusing its business and, in the process, has scrapped “the development of its Short Take-Off and Landing variant (STOL), the ATR 42-600S, reflecting the company’s commitment to aligning operations with evolving market dynamics.” ATR says “Following an extensive market review and in light of lingering tensions on its supply chain”, they have decided to “focus efforts …
Horizon Aircraft Appoints Tom Brassington as Chief Technology Officer
Horizon Aircraft, an advanced aerospace engineering company and developer of the world’s first eVTOL (electric Vertical Take-Off and Landing) says “Tom Brassington has been appointed as Chief Technology Officer.” According to Horizon: “Tom joins from Lilium, a leading eVTOL developer, where he held the position of Head of System Design Engineering. He takes up his new role at Horizon Aircraft …
Auto Flight’s Prosperity Passenger eVTOL Aircraft Receives Chinese Type Certificate
Autoflight says the Civil Aviation Administration of China (CAAC) has accepted its “application for the Type Certificate (TC) of their Prosperity 5-seater electric vertical take-off and landing (eVTOL) aircraft.” The certification process commenced on April 26, 2024. According to Autoflight, “Prosperity is equipped with a pure electric propulsion system, has a maximum take-off weight of 2,200 kg, and features a …
AutoFlight Performs World’s First Inter-City Demonstration Flight
Electric Vertical Take-Off and Landing (eVTOL) pioneer, AutoFlight has “presented the world’s first inter-city electric air-taxi demonstration flight between the southern Chinese cities of Shenzhen and Zhuhai.” This achievement marks the world’s first public flight of an eVTOL aircraft on a cross-sea and inter-city route, spanning across the bay where the Pearl River meets the sea, connecting the two southern …
Munich Airport International, Airbus signS MoU To Develop Advanced Air Mobility Solutions Globally
Airbus and Munich Airport International (MAI) have signed a Memorandum of Understanding at ILA Berlin Air Show to start marketing turnkey solutions to cities and regions interested in developing advanced air mobility (AAM) ecosystems globally. Airbus is developing CityAirbus NextGen, its electric vertical take-off and landing (eVTOL) aircraft, along with key support and services offerings around it, while Munich Airport …
Research Points To Consolidation Of the eVTOL Market
Horizon Aircraft said new research has revealed that some 36% of eVTOL professionals predict a dramatic increase in the level of consolidation in the eVTOL market over the next two years, and 51% think there will be a slight increase. The research was commissioned by Horizon Aircraft, the advanced aerospace engineering company that has developed the Cavorite X5, the …
Research Reveals Investment In eVTOL Market Is Set To Grow Dramatically
Horizon Aircraft has revealed that around $900 million was invested in the urban air mobility market in the first six months of 2020, but new research with senior private equity and venture capital professionals reveals 59% expect over $2 billion will be invested in the sector this year. Some 41% predict the figure will be over $3 billion, and 16% …






