Business Aviation & AAM Report

Wing plans to invest up to $125 million in U.S. manufacturing as it expands drone delivery service ahead of the FAA’s Part 108 rule.

Galaxy 1 Communications and Viasat have advanced their satellite connectivity service for uncrewed and AAM aircraft to commercial production.

ZeroAvia's new CEO says the hydrogen-electric startup has stabilized and plans its first ZA200 power system deliveries in 2027.

Industry officials say the FAA's upcoming BVLOS drone rule marks a starting point, not the finish line, for commercial scale.

The FAA says digital air traffic control towers are now operating in Alaska and Florida, the first of seven planned remote tower sites nationwide.

Ed Bolen is retiring as NBAA president and CEO after revealing he is undergoing medical leave for cancer treatment.

Europe’s business aviation fleet is forecast to grow to nearly 5,500 aircraft by 2036, outpacing the global growth rate, Aviation Week finds.

Bell has delivered the milestone 2,000th 407 single-engine light helicopter.

BCA evaluates the pre-owned market for the Pilatus PC-12 NGX single-engine turboprop.

Bombardier’s top executive told analysts that as cash flow improves, roughly half of Bombardier’s capital allocation over the next few years will likely go toward improving its products to stay competitive—a plan that could include the introduction of a new aircraft.

Eve Air Mobility expects its engineering prototype to achieve its first wingborne transition by year-end, as certification and commercial progress continue.

GE Aerospace’s modified Saab 340B megawatt-class hybrid electric testbed has successfully demonstrated the use of electrically augmented power during takeoff.

Wheels Up posted a $15.2 million third-quarter profit as its business and fleet transformation drove improved margins despite lower revenue.

Joby Aviation has advanced S4 eVTOL certification testing and ramped up production for early U.S. and Dubai passenger operations.

Zipline has raised $1.5 billion at a $21.5 billion valuation to expand U.S. drone manufacturing and delivery operations nationwide.

Vaeridion has raised €30 million for its Microliner electric aircraft prototype and been selected for a €94.5 million EU grant to scale production.

HyLight has completed its Series A funding round, raising €13 million ($15 million).

Bulgarian cargo drone developer and operator Dronamics plans to go public on the Nasdaq through a merger with special purpose acquisition company GP-Act III Acquisition Corp.

Joby Aviation has received additional U.S. Air Force funding to accelerate development and operational testing of its autonomous flight platform.

Chinese business aviation startup Beijing Airlink Aircraft (Bairac) has unveiled two hybrid-powered business jet concepts as it secures its first investment round.

Brief news items of interest to business aviation and AAM professionals.

Appointments and promotions in the business aviation and AAM industry.

The NTSB says most of a Learjet 60's left elevator was found in pieces miles away from the Nov. 1 fatal crash site in Greenacres, Florida.

Drone delivery firms Wing, Zipline and DoorDash are cutting noise and building community trust as U.S. states sue the FAA over drone package delivery impacts.

U.S. states are filling a federal void with incentive programs driving rising sustainable aviation fuel production, supply and corporate uptake nationwide.