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January 11, 2020

Report: Global EVTOL Aircraft Market To Reach $1.9 Billion By 2035

Forecast To Grow At More Than 13 Percent Each Year Through The Period

According to a new market intelligence report by BIS Research titled "Global Electric VTOL (eVTOL) Aircraft Market - Analysis and Forecast, 2025-2035", the eVTOL aircraft market is estimated to be approximately $524.0 million by 2025 and is projected to reach $1.9 billion by 2035, in terms of value. The market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 13.75% during the forecast period from 2025 to 2035.

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NTSB Releases Probable Cause Report From 2015 Accident In Alaska

Cites Pilot Error For Continuing Visual Flight Into IFR Condition, Corporate Culture

On June 25, 2015, about 1215 Alaska daylight time, a single-engine, turbine-powered, float-equipped de Havilland DHC-3 (Otter) airplane, N270PA, collided with mountainous, tree-covered terrain about 24 miles east-northeast of Ketchikan, Alaska. The commercial pilot and eight passengers sustained fatal injuries, and the airplane was destroyed.

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Alaska Air Group Chief Financial Officer Brandon Pedersen To Retire

Shane Tackett To Assume CFO Role

Brandon Pedersen, Chief Financial Officer of Alaska Air Group since 2010, plans to retire on March 2. The airline has named Shane Tackett, currently Alaska's executive vice president of planning and strategy to succeed Pedersen, focusing on execution of the company's business model for continued long-term growth and value for guests, employees, owners and communities.

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BAA Training Becomes ENAC Partner For Pilot Training

Will Begin Offering Services In 'Early 2020'

BAA Training and ENAC (Ecole Nationale de l’Aviation Civile) have joined forces to prepare professional pilots. According to the agreement, BAA Training will become a partner for ATPL Integrated theoretical training provided to ENAC students.

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GenNx360 Capital Partners Acquires A Controlling Stake In AeroRepair Corp

Has Six Locations Across North America

GenNx360 Capital Partners has acquired a majority interest in AeroRepair Corp\. Headquartered in Manchester, New Hampshire, AeroRepair is a leading provider of wheel and brake maintenance, repair and overhaul services to the commercial, corporate and general aviation industry. The Company also provides landing gear, battery and miscellaneous component maintenance and repair services and through its sister company, Hemico, provides Parts Manufacturer Approval (PMA) engineering services and Designated Engineering Representative (DER) approved repairs.

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Garmin Unveils The Fourth Generation GPS/NAV/COMM

GTN 650Xi & GTN 750Xi Modernize Cockpit Navigation And Are Available Immediately

Garmin has announced the GTN 650Xi and GTN 750Xi, the next generation of in-flight navigation technology. Designed as a direct slide-in upgrade to the previous generation GTN 650/750, pilots can preserve their panel and modernize the cockpit with the new GTN 650Xi and GTN 750Xi. The all-in-one GPS/NAV/COMM boasts a feature-rich multifunction display and can integrate with new or existing remote-mount equipment such as a transponder or audio panel.

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Avianca Holdings Announces Fleet Plan Optimization

Firms Up Commitments To 88 A320neo Airplanes

As part of the implementation of the "Avianca 2021 Plan", Avianca management has reached several agreements to tailor its aircraft commitments to its future requirements.

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AerSale Component Solutions Receives FAA Approval to Overhaul Landing Gear

Covers Work On Boeing 737, 757, And 767 Series Aircraft

AerSale Component Solutions has received approval from the FAA to overhaul Boeing 737, 757, and 767 series aircraft landing gear. FAA approval to overhaul landing gear for the Airbus A320 family of aircraft is expected in the coming months.

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Aero-News: Quote of the Day (01.11.20)

"The U.S. is one of the most prominent countries with a considerable potential for the growth of the global eVTOL aircraft market. In 2025, the U.S. is expected to dominate the global eVTOL aircraft market, acquiring the maximum market share." Source: Sudheer Uniyal, Lead Analyst at BIS Research.

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ANN's Daily Aero-Term (01.11.20): Low Approach

An approach over an airport or runway following an instrument approach or a VFR approach including the go-around maneuver where the pilot intentionally does not make contact with the runway.

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ANN's Daily Aero-Linx (01.11.20)

Alaska Airmen Association

Welcome to the Alaska Airmen Association. With more licensed pilots per capita than any state in the union, the Airmen includes 2,400 members, one of the largest General Aviation state memberships in the country.

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