MIAMI – As airlines around the world suffer from travel disruptions associated with the pandemic, electric aviation development continues strong and seamless.
Considering the global trends for sustainability and digitalization in aviation and specifically in commercial aviation, Urban Air Mobility (UAM) and electric aviation will be main areas of focus for aerospace start-up companies as well as legacy aircraft manufacturers such as Boeing, Airbus and other key players.
Morgan Stanley estimates that sustainable air mobility will be a US$1.5tn segment of the market by 2040. As such, there will be tremendous competition between start-up and legacy companies to bring the first read more ⇒
Source:: “Airways Magazine”