Shocks to the global economy partly explain the "stark" decline in declared backing for eVTOL start-up companies but investment for sustainability technology is still flowing.
Avmax Aircraft Leasing has signed a deal with Universal Hydrogen to convert 20 regional aircraft to run on “green” hydrogen, the companies announced on Tuesday.
Embraer and BAE have signed a letter of intent with Eve Air Mobility to potentially order up to 150 of Eve's eVTOL vehicles to be used for defense and security applications.
Business aviation financial management solutions firm MySky has expanded its international footprint with the opening of new offices in Dubai and Mexico.
Norway’s Widerøe signed as the first airline to join Embraer’s Energia Advisory Group, tasked with defining requirements for viable sustainable aviation.