European Aviation Safety Agency

Aviation Capital Group to Finance Volocopter Fleet of Aircraft for up to $1 billion

Retrieved on: 
Thursday, February 10, 2022
Professional Services, Air, Transport, Aerospace, Manufacturing, Finance, EASA, ACG, Federal Aviation Administration, UAM, Pacific Life, Multimedia, Geely, Intel Capital, Time, Transport, Solution, Sale, Daimler, City, Quality of life, POA, Aviation, DOA, BlackRock, Volocopter, CEO, European Aviation Safety Agency, DB Schenker, Capital Group Companies, FAA, Partnership, View, Certification, Airline, Aircraft, EVTOL, Aviation Capital Group, Volocopter, AVIATION CAPITAL GROUP, VOLOCOPTER

Deliveries are expected to commence once the aircraft has been certified for commercial use by the respective civil aviation authorities.

Key Points: 
  • Deliveries are expected to commence once the aircraft has been certified for commercial use by the respective civil aviation authorities.
  • For Volocopter customers, this agreement will offer an option and an opportunity to lease the aircraft through financing schemes, as is customary within the aviation industry.
  • The transaction builds on the existing partnership between Volocopter and ACGs parent company, Tokyo Century, an early equity investor in Volocopter.
  • This agreement will allow our business to hit the ground running after aircraft certification, said Florian Reuter, Chief Executive Officer, of Volocopter.

European Commercial Unmanned Aircraft System (UAS) Market Growth Opportunities Report 2021 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 2, 2022
Other Transport, Air, Other Energy, Transport, Aerospace, Manufacturing, Alternative Energy, Energy, Logistics, Supply Chain Management, Aircraft, United Kingdom, Carbon, European Aviation Safety Agency, Industry, UAS, Adoption, Intelligence, COVID-19, Beekeeping, Brexit

The "European Commercial Unmanned Aircraft System (UAS) Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "European Commercial Unmanned Aircraft System (UAS) Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
  • This study highlights essential market verticals for drone applications in Europe and how different industry participants can capitalize on emerging growth opportunities in the commercial UAS space.
  • Examples of European companies that have successfully taken advantage of such opportunities are also included.
  • The European Union Aviation Safety Agency has introduced a standardized regulatory framework for commercial unmanned aerial systems (UAS), driving the widespread adoption of drones for commercial purposes in Europe.

Flying Car Certified to Fly! - Civil Aviation Authority issues AirCar the Certificate of Airworthiness

Retrieved on: 
Monday, January 24, 2022
Courage, Tail, BMW, Boeing, ADEPT, Freedom, Civil Aviation Division of East Timor, Wilksch Airmotive, Transport, European Aviation Safety Agency, Airworthiness certificate, Wind, Aircar, Aircraft, EASA, CFD, Transportation authority, Mark (given name), Certification, Engineering, Jet fuel, Airline

"AirCar certification opens the door for mass production of very efficient flying cars.

Key Points: 
  • "AirCar certification opens the door for mass production of very efficient flying cars.
  • "50 years ago, the car was the epitome of freedom," says Anton Zajac, the project cofounder.
  • "Transportation Authority carefully monitored all stages of unique AirCar development from its start in 2017.
  • Its certification was both a challenging and fascinating task," said Ren Molnr, the director of the Civil Aviation Division (Transport Authority of Slovakia).

Flying Car Certified to Fly! - Civil Aviation Authority issues AirCar the Certificate of Airworthiness

Retrieved on: 
Monday, January 24, 2022
Courage, Tail, BMW, Boeing, ADEPT, Freedom, Civil Aviation Division of East Timor, Wilksch Airmotive, Transport, European Aviation Safety Agency, Airworthiness certificate, Wind, Aircar, Aircraft, EASA, CFD, Transportation authority, Multimedia, Mark (given name), Certification, Engineering, Jet fuel, Airline

"AirCar certification opens the door for mass production of very efficient flying cars.

Key Points: 
  • "AirCar certification opens the door for mass production of very efficient flying cars.
  • "50 years ago, the car was the epitome of freedom," says Anton Zajac, the project cofounder.
  • "Transportation Authority carefully monitored all stages of unique AirCar development from its start in 2017.
  • Its certification was both a challenging and fascinating task," said Ren Molnr, the director of the Civil Aviation Division (Transport Authority of Slovakia).

Global Commercial Avionics Market 2021 - Featuring Raytheon Technologies, Thales and BAE Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 11, 2022
Aerospace, Manufacturing, FAA, Air travel, Original equipment manufacturer, European Aviation Safety Agency, Innovation, Growth, Industry, Federal Aviation Administration, EASA, Solution, Environment, Airline

Avionics suppliers are working to update their legacy systems, such as the flight management system.

Key Points: 
  • Avionics suppliers are working to update their legacy systems, such as the flight management system.
  • Leading commercial aircraft original equipment manufacturers (OEMs) generally prefer avionics solution providers that deliver comprehensive solutions that help their customers (airlines) gain strong aftermarket support.
  • Significant investment is required to upscale their product offering for the commercial avionics market; therefore, scope is limited for small avionics companies to compete directly with the established players.
  • The report reveals the market positioning of each company using its Growth and Innovation scores as highlighted in the methodology.

Global Urban Air Mobility Market (2021 to 2035) - Growth, Trends, COVID-19 Impact and Forecasts - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 22, 2021
Public Transport, Other Transport, Air, Transport, Aerospace, Alternative Energy, Manufacturing, Energy, Transportation, Travel, European Aviation Safety Agency, Technology, Boeing, University, Airbus, EASA, City, Environment, Method, Industry, Community, Initiative, Travel, Solution, Urban air mobility, UAM, Ambulance, Transport, Vertex

The existing road systems in most countries cannot handle the peak-hour loads without forcing the commuters to wait in line.

Key Points: 
  • The existing road systems in most countries cannot handle the peak-hour loads without forcing the commuters to wait in line.
  • In Europe, several cities have joined the Urban Air Mobility (UAM) Initiative, a part of the European Innovation Partnership on Smart Cities and Communities (EIP-SCC).
  • The initiative aims to contribute to the creation of a market for urban air mobility.
  • With these efforts, North America is also projected to embrace the urban air mobility concept faster than the other regions barring Europe.

As Passenger to Freighter Exemption Deadline Looms, FlightService and Avensis Bring to Market a Supply Chain Solution

Retrieved on: 
Monday, December 13, 2021
Solution, STC, ACMI, 330, EASA, Industry, Acquisition, Time, Airbus A330, Airbus A340, Aviation, European Aviation Safety Agency, Toyota Avensis, A330, PTF, Medius, Airbus, Airline, A340

CHICAGO, IL, Dec 14, 2021 - (ACN Newswire) - AELF FlightService (FlightService) announced today it has partnered with Avensis Aviation to purchase ten Medius passenger to freighter conversion kits for 2022.

Key Points: 
  • CHICAGO, IL, Dec 14, 2021 - (ACN Newswire) - AELF FlightService (FlightService) announced today it has partnered with Avensis Aviation to purchase ten Medius passenger to freighter conversion kits for 2022.
  • The STC approval will make FlightService one of, if not the only provider of ad-hoc charter/ACMI services approved to fly converted passenger to freighter aircraft beyond the regulatory deadline.
  • "With the Avensis modification, the EASA exemption will be a non-issue for us and allow us to provide much of the same utility as a full freighter.
  • These cover the needs of the PTF (Passenger to Freighter) market, and are designed to meet the current and future market needs of airlines and aircraft owners.

Innovative Solutions & Support, Inc. Announces Fourth Quarter and Full Year Fiscal 2021 Financial Results

Retrieved on: 
Wednesday, December 8, 2021
Air, Technology, Satellite, Transport, Aerospace, Manufacturing, U.S. Securities and Exchange Commission, ISSC, Company, Original equipment manufacturer, IS, Supplemental type certificate, Autothrottle, Contract, Security (finance), CJ, Hand, Private Securities Litigation Reform Act, European Aviation Safety Agency, TCCA, Innovative Solutions In Space, STC, KC-46A, GPS, EASA, Pilatus, Support, Flight management system, Pilatus PC-24, NASDAQ, FMS, Transport Canada, Investor relations, Cryptocurrency

Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the fourth quarter and full fiscal year 2021 ended September 30, 2021.

Key Points: 
  • Innovative Solutions & Support, Inc. (IS&S or the Company) (NASDAQ: ISSC) today announced its financial results for the fourth quarter and full fiscal year 2021 ended September 30, 2021.
  • For the fourth quarter of fiscal 2021, the Company reported net sales of $6.9 million up over 9% as compared to $6.3 million in the fourth quarter a year ago.
  • The Company recorded tax expense in the fourth quarter of fiscal 2021 of $0.4 million, no tax expense was incurred in the fourth quarter of fiscal 2020.
  • New orders in the fourth quarter of fiscal 2021 were approximately $6.5 million and backlog as of September 30, 2021 was $9.1 million.

As Preighter Exemption Deadline Looms, FlightService and Avensis Bring to Market a Supply Chain Solution

Retrieved on: 
Thursday, November 18, 2021
A330, Toyota Avensis, PTF, ACMI, Time, Industry, Acquisition, Airbus A330, Airbus A340, Solution, 330, Airbus, Twitter, GLOBE, EASA, Instagram, Aviation, STC, LinkedIn, European Aviation Safety Agency, Airline

FlightService, operated by its sister company, Malta-based Maleth Aero, is focused on reliable, innovative air cargo solutions, with an emerging ground transportation segment.

Key Points: 
  • FlightService, operated by its sister company, Malta-based Maleth Aero, is focused on reliable, innovative air cargo solutions, with an emerging ground transportation segment.
  • The company will work with Avensis to convert its Airbus A330 and A340 fleet beginning early 2022.
  • The STC approval will make FlightService one of, if not the only provider of ad-hoc charter/ACMI services approved to fly converted passenger to freighter aircraft beyond the regulatory deadline.
  • When the modifications by Avensis are complete, FlightService will have 10 widebody aircraft operating in this configuration for ACMI and charter services.

Improvements in Flight Operations Expediting Global Commercial Avionics Market Growth

Retrieved on: 
Wednesday, November 17, 2021
Frost, Adoption, Safety, Technology, Weight, IMA, Fortune 1000, SATCOM, CAGR, FAA, UAM, Federal Aviation Administration, Original equipment manufacturer, Frost & Sullivan, Solution, Industry analyst, NA, Software, HUD, Research, R, EASA, Acceleration, Traction, Digital, Efficiency, EVTOL, Aviation, Maintenance, European Aviation Safety Agency, LRU, LEO, Airline

SAN ANTONIO, Texas, Nov. 17, 2021 /PRNewswire/ -- Frost & Sullivan's recent analysis of the global commercial avionics industry finds that airlines' increasing focus on improving flight operations is expediting market growth. Digital glass displays, connected flight management systems, and HUD (head-up display) are gaining traction due to the emphasis on enhancing flight operations. Airlines can also improve safety and efficiency by applying avionics systems, which encompass communication, navigation, and surveillance equipment. Primarily driven by global regulatory mandates, the total global commercial avionics market is estimated to reach $63.34 billion by 2030, up from $34.90 billion in 2020, at a compound annual growth rate (CAGR) of 6.1%. 

Key Points: 
  • Regulatory mandates and new aircraft purchases inflate the global demand for avionics systems, says Frost & Sullivan
    SAN ANTONIO, Texas, Nov. 17, 2021 /PRNewswire/ --Frost & Sullivan's recent analysis of theglobal commercial avionics industryfinds that airlines' increasing focus on improving flight operations is expediting market growth.
  • Digital glass displays, connected flight management systems, and HUD (head-up display) are gaining traction due to the emphasis on enhancing flight operations.
  • Primarily driven by global regulatory mandates, the total global commercial avionics market is estimated to reach$63.34 billionby 2030, up from$34.90 billionin 2020, at a compound annual growth rate (CAGR) of 6.1%.
  • Global Commercial Avionics Growth Opportunitiesis part of Frost & Sullivan's Global Aerospace & Defense Growth Partnership Service program.