The FAA has released final rules for electric vertical takeoff and landing aircraft, clearing the way for air taxis and other electric-powered aircraft to take to the skies.
South African Airways is struggling to recover $50 million stuck in Zimbabwe due to the country's foreign currency shortage, and is exploring options such as attaching assets in South Africa to recover the funds.
The Space Development Agency selects 19 companies for its HALO program, aimed at rapidly onboarding new contractors for defense demonstration missions, with a focus on supporting the PWSA satellite constellation.
Electric VTOL startup Joby Aviation launches $200M IPO to fund certification, manufacturing, and commercial launch in 2025
FAA finalizes rules for electric air taxis, paving way for commercialization of eVTOL aircraft and revolutionizing urban transportation.
Ethiopia begins construction of Africa's largest airport, set to handle 100 million passengers annually, with Ethiopian Airlines ordering 124 new aircraft.
Ethiopia begins construction of Africa's largest airport, set to handle 100 million passengers annually, with Ethiopian Airlines ordering 124 new aircraft.
African airlines recorded the slowest growth in the global air cargo market in October 2024, with only a 2% market share, according to the International Air Transport Association (IATA).
The International Air Transport Association (IATA) reveals that African countries hold 59% of total blocked aviation funds, amounting to $1 billion, highlighting concerns over airline revenue repatriation.
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