Latest news with #airmobility
Zawya
a day ago
- Business
- Zawya
Pact to advance urban air mobility in Oman
MUSCAT - AeroVecto, an Oman-based startup specialising in sustainable air mobility solutions, has announced a strategic partnership with Romanian-based LYNEports, a digital planning platform for advanced air mobility infrastructure, to support the rollout of hybrid electric Vertical Take-Off and Landing (VTOL) aviation services in Oman and the wider GCC region. The partnership is set to take advanced air mobility services, currently in its nascency in Oman, to the next level. A number of Omani startups, in partnership with key players in the global international, are gearing up to introduce uncrewed air mobility services for, among other fields, cargo deliveries, passenger transportation, ambulance services, medical deliveries and even disaster relief. AeroVecto is credited with developing Shuttle, a hybrid eVTOL aircraft purposely built for mass public transportation. According to the company, the high-capacity aircraft will enhance current ground-based public transport by enabling convenient point-to-point travel. With a focus on passenger volume and comfort, Shuttle aims to revolutionise urban and intercity mobility, introducing a new era of clean, efficient and scalable air transport. Through the partnership, LYNEports will assist in planning and simulating AeroVecto's Shuttle network, ensuring each site meets aviation-grade safety standards, operational viability and regulatory requirements. Furthermore, by leveraging LYNEports' AI-driven platform, AeroVecto can evaluate ideal locations, model flight routes and visualise integrated transport systems, accelerating the adoption of advanced air mobility across Oman. 'At AeroVecto, our vision is to make high-capacity aerial commuting a practical reality for cities across the region. We are excited to partner with LYNEports to advance vertiport planning and route optimisation of the Shuttle network, enabling efficient urban air transport for the masses,' said Fahad al Riyami, CEO of AeroVecto, in a statement. 'We're excited to support AeroVecto in bringing their innovative vision to life,' said Rasha Alshami, CEO of LYNEports. 'Their commitment to solving real public transport challenges in the region aligns perfectly with our mission to make AAM infrastructure accessible, safe and well-planned from day one.' AeroVecto's vision extends beyond aircraft development; the company is also designing "Shuttle Hubs" — dedicated vertiports strategically located in urban centres, coastal areas and atop buildings to facilitate seamless boarding and integration with existing transport networks. The Shuttle platform includes variants for cargo delivery, emergency response and premium travel, showcasing its versatility across sectors. Oman is making significant strides in developing its Advanced Air Mobility (AAM) sector, aligning with the Oman Vision 2040 goals for sustainable and smart transportation. The Ministry of Transport, Communications and Information Technology (MoTCIT) has initiated the formulation of a national AAM strategy. This strategy focuses on integrating drones and electric vertical takeoff and landing (eVTOL) aircraft into urban transport systems to alleviate congestion and enhance connectivity. Last July, Oman's national passenger transportation company Mwasalat announced a partnership with US VTOL aircraft manufacturer Odys Aviation to support the development of Aerial Logistics Programmes in the GCC based on the latter's hybrid-electric VTOL aircraft, Laila. Additionally, with the goal of supporting workforce development linked to this emerging sector, a leading college in Muscat has announced a partnership with aircraft maker Boeing to launch the an Air Taxis and Advanced Air Mobility programme designed to provide undergraduate aviation students with opportunities for research, curriculum enrichment and participation in business challenges related to urban air mobility. Together with regulatory support from the Civil Aviation Authority (CAA) and other stakeholder agencies, these developments underscore Oman's ambitions to become a regional leader in advanced air mobility. HIGHLIGHTS Oman is making significant strides in developing its Advanced Air Mobility (AAM) sector, aligning with the Oman Vision 2040 goals for sustainable and smart transportation 2022 © All right reserved for Oman Establishment for Press, Publication and Advertising (OEPPA) Provided by SyndiGate Media Inc. (
Yahoo
30-05-2025
- General
- Yahoo
Military Matters: A Birdseye View of Altus AFB
ALTUS (KFDX/KJTL) — From an outsider's perspective, one might expect to see smaller planes like fighter jets at an air force base. That's not always the case. Altus Air Force Base is a bit different, housing planes that are slightly larger than fighter jets. One of which is the C-17, piloted by Lt. Col. J.D. Shaw. 'Altus's mission is to train pilots and loadmasters how to operate this airplane so they can go out to their base, whether it be Charleston, McChord, Dover, McGuire and then employ this airplane around the world,' Shaw said. Altus Air Force Base specializes in air mobility. All three planes they train, the KC-135, KC-46, and C-17, accomplish this through their unique missions. The C-17 is most specialized toward cargo delivery, according to Loadmaster trainer, Sr. Master Sgt. Kris Mack. 'We're more concerned with the cargo compartment as far as loading cargo, and you have to be prepared,' Mack said. 'It could be a tank in there, it could be a palette, it could be something quite easy. It could be humanitarian aid. It could be, you know, things that take a little bit more concentration as far as the restraint.' Another aspect of air mobility is ensuring that planes can travel from point A to point B, regardless of the distance. Lt. Col. Broderick Lockett trains crews to refuel planes in midair with the KC-135. 'You know, think you're going 400 miles an hour down the highway and actually reaching out with another car and holding on to each other, and you know, shaking hands,' Lockett said. 'That's what we do. Except at 26,000 feet, you know, going up to 600 miles an hour.' Not all air refueling looks or works the same. Altus Air Force Base also has one of the more advanced aircraft designed for mid-air refueling, the KC-46 Pegasus, which can both give and receive fuel. A unique trait that Lt. Col. Scott Heinlein believes makes it a vital tool in any situation the aircraft is in. 'Instead of having to fly all the way back to our base, get gas again, we can find another tanker that has already taken off from that base, take that fuel in the air so that it extends that range even closer,' Heinlein said. 'So, the net result is we get our receivers closer to the fight, making them more effective in combat.' At the center of it all, for the base, though, is the relationship it has with the city of Altus. Lt. Col. Shaw says he's been more involved with the surrounding community at Altus than at any other base he's ever been to. 'The city is super welcoming,' Shaw said. 'I think they recognize the value that Altus brings to the city. And so, it is a true relationship that one could not survive without the other.' Both city and base, dedicated to the same mission for over 80 years. Keeping America's Air Force mobile and strong. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Globe and Mail
28-05-2025
- Business
- Globe and Mail
Surf Air Mobility Announces $1 Million Purchase of Company Stock by Co-Founder
Co-Founder and Member of the Board, Sudhin Shahani, purchased over 400,000 shares of Surf Air Mobility Inc. Common stock at market price May 28, 2025 — Surf Air Mobility Inc. (NYSE:SRFM) ('the Company', 'Surf Air Mobility'), a leading regional air mobility platform, announced that Co-Founder and Member of the Board, Sudhin Shahani, purchased 408,163 shares of the Company's common stock at the market price, for a purchase price of approximately $1 million, directly from the Company in a private transaction. Mr. Shahani said: 'Our Transformation Plan is already having an early impact. We've improved operations and strengthened the core business. I'm confident in our experienced leadership team's continued execution capabilities.' The Company remains focused on the Optimization Phase of the Transformation Plan with key initiatives to optimize airline operations, recalibrate the On Demand business, and drive efficiencies from SurfOS. About Surf Air Mobility Surf Air Mobility is a Los Angeles-based regional air mobility platform and one of the largest commuter airlines in the U.S. by scheduled departures. It is also the largest U.S. passenger operator of Cessna Caravans. In addition to its airline operations and On Demand charter services, Surf Air Mobility is developing an AI-powered software platform for the Regional Air Mobility industry. The company is also working to commercialize electrified aircraft and developing proprietary powertrain technology for the Cessna Caravan. Surf Air Mobility plans to offer its software and electrification solutions to the Regional Air Mobility industry to improve safety, efficiency, and profitability. Forward-Looking Statements This Press Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Surf Air's profitability and future financial results and its ability to achieve its business objectives. Readers of this release should be aware of the speculative nature of forward-looking statements. These statements are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company and reflect the Company's current views concerning future events. As such, they are subject to risks and uncertainties that could cause actual results or events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among many others: Surf Air's ability to anticipate the future needs of the air mobility market; Surf Air's future ability to pay contractual obligations and liquidity will depend on operating performance, cash flow and ability to secure adequate financing; the dependence on third-party partners and suppliers for the components and collaboration in Surf Air's development of its advanced air mobility software platform, and any interruptions, disagreements or delays with those partners and suppliers; the inability to execute business objectives and growth strategies successfully or sustain Surf Air's growth; the inability of Surf Air's customers to pay for Surf Air's services; the inability of Surf Air to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against Surf Air, the risks associated with Surf Air's obligations to comply with applicable laws, government regulations and rules and standards of the New York Stock Exchange; and general economic conditions. These and other risks are discussed in detail in the periodic reports that the Company files with the SEC, and investors are urged to review those periodic reports and the Company's other filings with the SEC, which are accessible on the SEC's website at before making an investment decision. The Company assumes no obligation to update its forward-looking statements except as required by law. Contacts: Surf Air Mobility Media Contacts Press: press@ Investors: investors@
Travel Daily News
28-05-2025
- Science
- Travel Daily News
Advanced air mobility operations at Orlando International Airport
Embry‑Riddle research shows air taxis and autonomous aircraft can safely integrate into Orlando International Airport without disrupting commercial flights. DAYTONA BEACH, FLA. – A study by Embry‑Riddle researchers has demonstrated that advanced air mobility (AAM) vehicles, such as air taxis and autonomous aircraft, could be integrated at Orlando International Airport in Florida without disrupting existing commercial air traffic. The research, published in April in the MDPI journal Aerospace, represents one of the first evaluations of AAM integration at a major U.S. airport, according to the peer-reviewed paper. The study was commissioned by the Greater Orlando Aviation Authority (GOAA), the public entity that operates and manages Orlando International Airport. The researchers collaborated with the aviation authority to identify preferred 'corridors' within Orlando International's airspace that could accommodate the integration of AAM aircraft. These futuristic aircraft – capable of vertical takeoff and landing or short takeoff and landing operations – are emerging to transport people or cargo in urban and regional areas. Using historical air traffic data from one of the airport's busiest days – March 25, 2023 – the researchers employed state-of-the-art modeling software to simulate the effects of AAM integration on potential wake turbulence and air traffic conflicts. The software, known as Total Airspace and Airport Modeler, can simulate existing and redesigned airspace, flight schedules, aircraft paths, wake turbulence, airport ground operations and many other factors. Using this advanced simulation modeling, the study found that operating up to 22 AAM vehicles would result in zero air traffic or wake turbulence conflicts. The researchers said that the study has established a foundation for other researchers and airport officials to understand the operational impacts and factors of integrating AAM aircraft into the National Airspace System in a safe and controlled environment. According to the published paper, examining the ramifications of integrating AAM into the current air transportation system is critical due to the potential impact 'on the safety of the traveling public.' Dr. Victor Fraticelli Rivera, assistant professor of Aeronautical Science, said that the study, conducted at one of the nation's busiest airports, 'offers an opportunity to explore innovative transportation solutions within congested, complex and highly regulated airspace,' adding that 'collaboration with all stakeholders in the aviation and aerospace ecosystem is vital to ensure AAM's sustainable, efficient and safe integration.' Also involved in the study were Dr. Robert Thomas, associate professor of Aeronautical Science; Carlos Castro Peña, director of operations for Embry‑Riddle's Center for Aerospace Resilient Systems; and Sakurako Kuba, a Ph.D. candidate in Electrical Engineering and Computer Science, whose research focuses on aviation and aerospace cybersecurity, air traffic simulation and airspace traffic pattern visualization. Kuba's role in the project was simulating air traffic using the historical flight data and implementing conceptual AAM configurations at the airport to quantify airspace impact, she said. 'Contributing to real-world challenges in AAM development provides students with valuable exposure to the future of airspace operations,' Kuba said. 'It allows us to grasp the idea of existing airspace management and to better understand how next-gen airspace development is evolving.' Kuba said collaboration with industry partners and receiving their feedback was also particularly valuable. 'It not only helps us grow professionally but also builds confidence in our skills and prepares us for impactful careers in this emerging field,' she said. Lance Lyttle, CEO of the Greater Orlando Aviation Authority, said the study complements an ongoing collaboration with the Federal Aviation Administration's Innovate 28 program, which explores integrating AAM safely into Orlando International's airspace. 'We appreciate the partnership with Embry‑Riddle,' Lyttle said, 'and hope the research will advance connection and innovation within the Central Florida aerospace ecosystem.'
Yahoo
22-05-2025
- Business
- Yahoo
Blade Air Mobility to Present at the Jefferies eVTOL / AAM Summit
NEW YORK, May 22, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, 'Blade' or the 'Company'), a technology-powered air mobility platform, today announced that Rob Wiesenthal, Chief Executive Officer, and Will Heyburn, Chief Financial Officer, will present at the Jefferies eVTOL / AAM Summit on Wednesday, May 28, 2025 at 10:40am ET. A webcast of the event will be available at the link here. A replay will be available shortly after the conclusion of the presentation on the investor relations section of the Company's website at About Blade Air MobilityBlade Air Mobility provides air transportation and logistics for hospitals across the United States, where it is one of the largest transporters of human organs for transplant, and for passengers, with helicopter and fixed wing services primarily in the Northeast United States, and Southern Europe. Based in New York City, Blade's asset-light model, coupled with its exclusive passenger terminal infrastructure and proprietary technologies, is designed to facilitate a seamless transition from helicopters and fixed-wing aircraft to Electric Vertical Aircraft ('EVA' or 'eVTOL'), enabling lower cost air mobility that is both quiet and emission-free. For more information, visit Forward-Looking StatementsThis press release contains 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and may be identified by the use of words such as "will", 'anticipate,' 'believe,' 'could,' 'continue,' 'expect,' 'estimate,' 'may,' 'plan,' 'outlook,' 'future' and 'project' and other similar expressions and the negatives of those terms. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to Blade's future prospects, developments and business strategies. In particular, such forward-looking statements include statements concerning Blade's future financial and operating performance, results of operations, business and capital deployment strategies and plans, customer behavior, competitive position, industry environment and growth opportunities, and the development and adoption of EVA technology. These statements are based on management's current expectations and beliefs, as well as a number of assumptions concerning future events. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blade's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include: our continued incurrence of significant losses; the impact of the COVID-19 pandemic and its related effects, failure of the markets for our offerings to grow as expected, or at all; our ability to effectively market and sell air transportation as a substitute for conventional methods of transportation; the inability or unavailability to use or take advantage of the shift, or lack thereof, to EVA technology; our ability to successfully enter new markets and launch new routes and services; any adverse publicity stemming from accidents involving small aircraft, helicopters or charter flights and, in particular, any accidents involving our third-party operators; the effects of competition; harm to our reputation and brand; our ability to provide high-quality customer support; our ability to maintain a high daily aircraft usage rate; changes in consumer preferences, discretionary spending and other economic conditions; impact of natural disasters, outbreaks and pandemics, economic, social, weather, growth constraints, and regulatory conditions or other circumstances on metropolitan areas and airports where we have geographic concentration; the effects of climate change, including potential increased impacts of severe weather and regulatory activity; the availability of aircraft fuel; our ability to address system failures, defects, errors, or vulnerabilities in our website, applications, backend systems or other technology systems or those of third-party technology providers; interruptions or security breaches of our information technology systems; our placements within mobile applications; our ability to protect our intellectual property rights; our use of open source software; our ability to expand and maintain our infrastructure network; our ability to access additional funding; the increase of costs and risks associated with international expansion; our ability to identify, complete and successfully integrate future acquisitions; our ability to manage our growth; increases in insurance costs or reductions in insurance coverage; the loss of key members of our management team; our ability to maintain our company culture; our reliance on contractual relationships with certain transplant centers and Organ Procurement Organizations; effects of fluctuating financial results; our reliance on third-party operators; the availability of third-party operators; disruptions to third party operators; increases in insurance costs or reductions in insurance coverage for our third-party aircraft operators; the possibility that our third-party aircraft operators may illegally, improperly or otherwise inappropriately operate our branded aircraft; our reliance on third-party web service providers; changes in our regulatory environment; regulatory obstacles in local governments; the expansion of domestic and foreign privacy and security laws; the expansion of environmental regulations; our ability to remediate any material weaknesses or maintain internal controls over financial reporting; our ability to maintain effective internal controls and disclosure controls; changes in the fair value of our warrants; and other factors beyond our control. Additional factors can be found in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, each as filed with the U.S. Securities and Exchange Commission. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. We are unable to reconciled forward-looking non-GAAP guidance, including Flight Profit Margin, Adjusted Corporate Expenses, and Adjusted EBITDA, without unreasonable effort due to the variability and low visibility with respect to certain costs, the most significant of which are incentive compensation, transaction-related expenses, and certain value measurements, which may have unpredictable, and potentially significant, impact on future GAAP financial results. ContactsMedia RelationsLee GoldPress@ Investor RelationsMat SchneiderInvestors@
