Aerion Supersonic, a Boeing-backed start-up company that joined the race to be the first supersonic passenger jet on the market since the legendary Concorde, has officially ceased operations, after struggling to secure necessary financial investment. Aerion’s AS2 business jet was vying to be the first supersonic aircraft to enter commercial service in 51 years, as
Universal Hydrogen, a US company working towards developing solutions for the use of hydrogen as an alternative to jet fuels in aviation, has successfully raised US$20.5 million in its series A funding round. The company has said the funds are allowing it to accelerate its development in green aviation solutions, and it hopes to see
US-based package delivery company UPS has reportedly purchased 10 electric vertical take-off and landing (eVTOL) aircraft from Beta Technologies, redefining the future of its rural delivery services. UPS made the announcement on Wednesday, and said it expects the first ALIA-250 aircraft to be delivered by Beta Technologies in 2024. The purchase agreement also includes an
Finnish-Australian technologist Sami Mäkeläinen shares his insight into the vastly hyped world of eVTOLs and flying cars, and cautions that reality may just fall flat on science fiction. New technologies are undoubtably exciting. Sometimes, however, the excitement shared in the concept of new technologies does not translate well into reality, and the idea of what
Supersonic jet maker Aerion has reportedly confirmed orders for 20 of its AS2 supersonic business jets by private aircraft firm NetJets, as well as the launch of a new supersonic aircraft training facility. The AS2 is vying to become the first supersonic aircraft to enter commercial service in 51 years, as well as the world’s
Top chief executives of major US airlines are reportedly set to meet with White House advisers on Friday to discuss the future of US aviation, including reducing emissions and embracing sustainable fuels. Sources close to the matter have informed Reuters that the CEOs of American Airlines, United Airlines, Delta Air Lines and Southwest Airlines have
