Brazilian startup Moya Aero has concluded a monthlong series of wind tunnel testing with its Moya 256 eVTOL drone, keeping it on track for first flight in the coming months.
Saudi Arabian property developer Diriyah Co. has signed an MOU with The Helicopter Company, the kingdom’s largest commercial helicopter operator, to explore the integration of AAM.
Embraer has enjoyed its monopoly on providing regional jets for U.S. airlines, but the U.S.-Brazil trade dispute threatens future deliveries to key customers.
Embraer CEO Francisco Gomes Neto warned that U.S. tariffs on Brazilian imports could have the same revenue impact on the manufacturer as the COVID-19 pandemic.