European Aviation Safety Agency

Meeting Certification Requirements Is the Cornerstone of Success for Air Taxis

Retrieved on: 
Tuesday, December 20, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221220005450/en/
    Vertiko Mobility network is building an air taxi network in Quebec using the Jaunt Journey eVTOL.
  • According to the FAA, the revised definitions represented an important step in making commercial air taxi's a reality.
  • The powered lift does not impact Jaunt in certifying as a rotorcraft, as Parts 27 & 29 already address vertical takeoff and landing requirements.
  • Mint Air of South Korea signed an LOI for 40 aircraft to serve the Korean air taxi market.

Skyservice Business Aviation Receives TCCA, FAA, & EASA Supplemental Type Certificate Approval for Satcom's Plane Simple™ KU Band Installations

Retrieved on: 
Thursday, December 15, 2022

TORONTO, Dec. 15, 2022 /PRNewswire/ - Skyservice Business Aviation ("Skyservice"), a North American leader in business aviation, announced it has received Transport Canada (TCCA), Federal Aviation Administration (FAA), and European Union Aviation Safety Agency (EASA) supplemental type certification (STC) approval for the integration of Satcom Direct Plane Simple Ku-band Tail Mounted Antenna (TMA) systems.

Key Points: 
  • TORONTO, Dec. 15, 2022 /PRNewswire/ - Skyservice Business Aviation ("Skyservice"), a North American leader in business aviation, announced it has received Transport Canada (TCCA), Federal Aviation Administration (FAA), and European Union Aviation Safety Agency (EASA) supplemental type certification (STC) approval for the integration of Satcom Direct Plane Simple Ku-band Tail Mounted Antenna (TMA) systems.
  • Satcom Direct Plane Simple terminals are powered by the Intelsat FlexExec high throughput, satellite constellation, facilitating consistent, reliable inflight connectivity globally.
  • Skyservice is a North American leader in business aviation dedicated to innovation, responsible operations, safety, and service excellence.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/skyservice-business-aviation-re...
    SOURCE Skyservice Business Aviation Inc. - Mississauga, ON

More Electric Aircraft Global Market Report 2022: Advancement of High-Density Battery Solutions Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 7, 2022

Advancements in high-density battery solutions and the need to optimize aircraft performance are other factors fueling the market's growth.

Key Points: 
  • Advancements in high-density battery solutions and the need to optimize aircraft performance are other factors fueling the market's growth.
  • The growth of the more electric aircraft market globally can be attributed to the increased focus on reducing operational costs, emissions, and aircraft noise.
  • Based on aircraft type, the more electric aircraft market is segmented into fixed-wing and rotary-wing.
  • Growing electric aircraft development programs, airline consolidation, and air traffic growth are expected to drive market growth in this region during the forecast period.

Loft Dynamics, Formerly VRM Switzerland, Raises $20M to Transform Virtual Reality Pilot Training

Retrieved on: 
Monday, December 5, 2022

ZURICH and SAN FRANCISCO, Dec. 5, 2022 /PRNewswire/ -- Loft Dynamics AG, creator of the world's first and only virtual reality (VR) simulator authorized by a major aviation regulator, today announced it has re-branded and raised $20M in financing. This is the company's first institutional round, led by U.S. technology investors Craft Ventures, Sky Dayton, and Up Ventures. The funding will accelerate Loft Dynamics' growth into international markets, particularly the USA. The rebranding from VRM Switzerland to Loft Dynamics positions the company for global expansion at a time when the pilot shortage has reached a crisis point and the need to reduce air pollution has never been more urgent.

Key Points: 
  • Loft Dynamics is already serving customers such as Airbus Helicopters, Air Zermatt, Colorado Highland Helicopters, Helitrans Norway, Meravo, and Mountainflyers.
  • Flight schools, airlines, fleet operators, governments, and aircraft manufacturers are queuing up for a better solution to pilot training.
  • Loft Dynamics delivers highly efficient, exceptionally realistic, non-polluting, and dramatically less expensive pilot training.
  • Loft Dynamics is paving the way for the integration of Virtual Reality applications in pilot training," said Patrick Ky, Executive Director and head of the European Union Aviation Safety Agency ( EASA ).

Loft Dynamics, Formerly VRM Switzerland, Raises $20M to Transform Virtual Reality Pilot Training

Retrieved on: 
Monday, December 5, 2022

ZURICH and SAN FRANCISCO, Dec. 5, 2022 /PRNewswire/ -- Loft Dynamics AG, creator of the world's first and only virtual reality (VR) simulator authorized by a major aviation regulator, today announced it has re-branded and raised $20M in financing. This is the company's first institutional round, led by U.S. technology investors Craft Ventures, Sky Dayton, and Up Ventures. The funding will accelerate Loft Dynamics' growth into international markets, particularly the USA. The rebranding from VRM Switzerland to Loft Dynamics positions the company for global expansion at a time when the pilot shortage has reached a crisis point and the need to reduce air pollution has never been more urgent.

Key Points: 
  • Loft Dynamics is already serving customers such as Airbus Helicopters, Air Zermatt, Colorado Highland Helicopters, Helitrans Norway, Meravo, and Mountainflyers.
  • Flight schools, airlines, fleet operators, governments, and aircraft manufacturers are queuing up for a better solution to pilot training.
  • Loft Dynamics delivers highly efficient, exceptionally realistic, non-polluting, and dramatically less expensive pilot training.
  • Loft Dynamics is paving the way for the integration of Virtual Reality applications in pilot training," said Patrick Ky, Executive Director and head of the European Union Aviation Safety Agency ( EASA ).

Volocopter Raises Additional USD 182 million in Second Signing of Series E Financing Round

Retrieved on: 
Tuesday, November 1, 2022

BRUCHSAL, Germany, Nov. 1, 2022 /PRNewswire/ -- Volocopter, the pioneer of urban air mobility (UAM), has raised an additional USD 182million in the second signing of its Series E funding round.

Key Points: 
  • BRUCHSAL, Germany, Nov. 1, 2022 /PRNewswire/ -- Volocopter, the pioneer of urban air mobility (UAM), has raised an additional USD 182million in the second signing of its Series E funding round.
  • Crucially, Volocopter's holistic UAM ecosystem approach connects all key global market players as it strives to get the industry off the ground.
  • This is the key requirement to launching commercial operations and starting to generate revenue," said Dirk Hoke, CEO of Volocopter.
  • With many interested companies having passed the due diligence phase, Volocopter's Series E funding round remains open.

Volocopter Raises Additional USD 182 million in Second Signing of Series E Financing Round

Retrieved on: 
Tuesday, November 1, 2022

BRUCHSAL, Germany, Nov. 1, 2022 /PRNewswire/ -- Volocopter, the pioneer of urban air mobility (UAM), has raised an additional USD 182million in the second signing of its Series E funding round.

Key Points: 
  • BRUCHSAL, Germany, Nov. 1, 2022 /PRNewswire/ -- Volocopter, the pioneer of urban air mobility (UAM), has raised an additional USD 182million in the second signing of its Series E funding round.
  • Crucially, Volocopter's holistic UAM ecosystem approach connects all key global market players as it strives to get the industry off the ground.
  • This is the key requirement to launching commercial operations and starting to generate revenue," said Dirk Hoke, CEO of Volocopter.
  • With many interested companies having passed the due diligence phase, Volocopter's Series E funding round remains open.

Drone Simulator (Commercial, Military) Market - Global Forecast to 2027: Full-Scale Conversion of Drones for War Simulation Contributing to Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 25, 2022

The drone simulator market is expected to increase as the defense forces shift their training to simulation based on real-world training.

Key Points: 
  • The drone simulator market is expected to increase as the defense forces shift their training to simulation based on real-world training.
  • The demand for drone simulators is expected to increase in commercial applications because of the growing demand for drones in photography, inspection, monitoring, and others.
  • Using simulators for drone racing and gaming is also expected to drive the drone simulator market.
  • The drone simulator market in the North American region has been studied in US and Canada.

Spirit AeroSystems, Joramco sign Memorandum of Understanding for MRO services cooperation

Retrieved on: 
Wednesday, October 19, 2022

Joramco, based at Queen Alia International Airport in Amman, Jordan, has more than 50 years of experience.

Key Points: 
  • Joramco, based at Queen Alia International Airport in Amman, Jordan, has more than 50 years of experience.
  • We are eager to begin structural repair MRO operations in the Middle East and look forward to working with Joramco, said Kailash Krishnaswamy, Senior Vice President for Spirit AeroSystems Aftermarket Services.
  • Commenting on the occasion, Joramco CEO Fraser Currie said: We at Joramco are proud to announce our MOU with Spirit AeroSystems.
  • Together, we will explore exchanging expertise and improve our current services and acquire new ones that are in demand in the region.

Business Aviation Inflight Broadband Service Plans Enhanced by Inmarsat as Part of Jet ConneX Evolution Programme

Retrieved on: 
Tuesday, October 18, 2022

Inmarsat is transforming the service plans for its Jet ConneX (JX) inflight broadband solution to provide customers with even greater performance, speeds and value for money.

Key Points: 
  • Inmarsat is transforming the service plans for its Jet ConneX (JX) inflight broadband solution to provide customers with even greater performance, speeds and value for money.
  • As part of the programme, a number of existing service plans have been upgraded to deliver valuable customer benefits such as increased upload rates at no additional cost.
  • The programme has also resulted in the launch of JX Edge, the first in a new series of advanced, high-end service plans that is now available through Inmarsats global network of business aviation distribution partners.
  • Kai Tang, Inmarsats Head of Business Aviation, said As a leading connectivity provider for business aviation, Inmarsat has unique insights into how demand for inflight broadband is transforming, whether for business or leisure.