ANA Chooses AMOS to Overhaul Global Maintenance Operations

Volocopter Unveils New Light Sports and Air Taxi Models Volocopter, the German manufacturer renowned for its distinctive two-seat, electrically powered aircraft featuring a ring of propellers above the cabin, is reemerging under new ownership. Following its bankruptcy declaration in early 2025, the company was acquired by Diamond Aircraft in March of the same year. Since then, Volocopter has undergone a quiet restructuring process, leveraging Diamond’s extensive aviation expertise to accelerate the development of its next-generation aircraft. Advancing Next-Generation eVTOL Aircraft This week, Volocopter announced an intensified focus on research, development, and production for two principal models: the VoloCity and the VoloXPro. Both aircraft are evolutions of the company’s existing 2X prototype. The VoloXPro targets the Light Sports eVTOL (electric vertical takeoff and landing) market segment, with certification anticipated by the end of 2026. In parallel, the VoloCity is designed as an urban electric passenger transport vehicle, aiming to secure certification from the European Union Aviation Safety Agency (EASA) in 2027. To meet these ambitious certification timelines, Volocopter plans to establish a dedicated “sandbox” test environment at its Bruchsal facility in Germany later this year. This isolated testing ground will enable the company to simulate realistic flight operations for both aircraft, a critical step in satisfying regulatory requirements. Under EASA’s Light Sport Aircraft category, Volocopter must accumulate a minimum of 150 flight hours during beta testing, a significant milestone in the certification process. David Bausek, Volocopter’s CEO, highlighted the company’s progress since the acquisition. He noted that the realignment phase has yielded substantial product improvements. To manage the delivery of parts and components efficiently, the company will employ short-term work arrangements alongside other flexible organizational measures. Bausek emphasized that these strategies will not alter the company’s development and certification objectives. Navigating a Competitive and Evolving Market Volocopter’s renewed efforts come amid intensifying competition within the advanced air mobility sector. Competitors such as Archer Aviation and Joby Aviation are also striving to launch air taxi services, with Joby recently involved in a trade-secret lawsuit against Archer, underscoring the fierce rivalry shaping the industry. Regulatory approval remains a formidable challenge for all participants, as authorities endeavor to adapt existing frameworks to the unique requirements of eVTOL aircraft. The broader market landscape is evolving rapidly, particularly in the Asia-Pacific region. China is aggressively promoting a “low-altitude economic revolution,” positioning itself to lead in advanced air mobility. Interest in urban air transport is surging across the region, heightening the stakes for companies like Volocopter as they compete for certification and market share. The coming years are poised to be decisive for the future of urban air mobility worldwide.

Singapore Airshow Opens Amid Supply Chain Challenges and Rising Regional Demand The 10th biennial Singapore Airshow commenced on Tuesday, drawing over 1,000 companies to Asia’s largest aviation event. The industry faces ongoing supply chain disruptions alongside surging demand across the Asia-Pacific region. The event features major global players such as Airbus and Boeing, alongside local leader ST Engineering, and a new wave of drone and advanced air mobility companies including Anduril Industries, Shield AI, Vertical Aerospace, and SkyDrive. Growing Attendance and Regional Market Dynamics Organizers expect record attendance this year, bolstered by the introduction of a space summit and Singapore’s announcement of a new satellite launch initiative. The Asia-Pacific region, led by China and India, continues to be the fastest-growing air travel market globally, with passenger traffic projected to increase by 7.3% by 2026. Despite this growth, aircraft manufacturers and engine suppliers are struggling to meet the rapid expansion plans of airlines. Jeffrey Lam, president of ST Engineering’s commercial aerospace division, highlighted the ongoing imbalance between supply and demand. He noted, “There’s a lot of anticipation about how the industry can recover and meet market demand, both from airlines and passengers.” ST Engineering remains the world’s largest airframe maintenance and repair provider, underscoring its pivotal role in addressing these challenges. Key Deals and Regional Developments Boeing announced a significant deal with Air Cambodia for 10 737 MAX jets as it seeks to regain market share in the narrowbody segment, where Airbus continues to dominate single-aisle sales. Chinese manufacturer COMAC showcased its C919 passenger jet and secured the first order for its smaller C909 regional model at the show. Shanxi Victory General Aviation signed a letter of intent for six firefighting aircraft. The C909 is gaining traction in Southeast Asia, with carriers such as Indonesia’s TransNusa, Lao Airlines, and Vietnam’s VietJet Aviation operating the model on more than 20 routes. The airshow also reflects the region’s increasing demand for business jets and military aircraft. Gulfstream presented its latest business jet models, while the Royal Australian Air Force displayed new capabilities. Embraer’s C-390 military transport aircraft is gaining momentum in Asia, and China’s AVIC promoted its J-35 fighter jet as a cost-effective alternative to the F-35. Focus on Advanced Air Mobility and Regional Significance Advanced air mobility remains a key focus, with Vertical Aerospace identifying significant opportunities for its electric vertical takeoff and landing (eVTOL) aircraft in the Asia-Pacific market. SkyDrive is actively pursuing critical certification milestones, highlighting the region’s commitment to next-generation aviation technologies despite persistent supply chain bottlenecks. Although the Singapore Airshow accounts for only about 5% of global air show orders—lagging behind Paris, Farnborough, and Dubai—it serves as a vital platform for regional airline executives, manufacturers, and suppliers. The Asia-Pacific region now represents approximately 35% of global air traffic. According to Alton Aviation Consultancy, India, China, and Southeast Asia are projected to host eight of the world’s ten fastest-growing air travel markets through 2044. The event’s influence extends beyond Asia, with delegations from Qatar and Saudi Arabia attending, underscoring the global importance of the region’s aviation expansion amid complex supply and demand dynamics.

ExecuJet Haite Tianjin Facility Gains Bonded Maintenance Approval Enhanced Operational Capabilities and Regional Impact ExecuJet Haite, a leading provider of business aviation maintenance, repair, and overhaul (MRO) services, has secured bonded maintenance approval for its facility at Tianjin Binhai International Airport. This milestone significantly strengthens the company’s global competitiveness and reinforces its position as a premier MRO provider within China and the wider Asia-Pacific region. The bonded status permits ExecuJet Haite to operate within a designated bonded area, allowing the duty-free importation of aircraft spare parts, materials, and equipment, provided these are stored and utilized on-site. This arrangement reduces tax liabilities, streamlines customs procedures, and shortens lead times for essential components. Consequently, the facility can minimize aircraft downtime and enhance operational efficiency for its clients, particularly those operating foreign-registered business aircraft. Strategic Advantages and Market Implications Paul Desgrosseilliers, General Manager of ExecuJet Haite, emphasized the importance of this development in meeting the needs of the company’s international clientele. While 60 percent of the facility’s workload involves China-registered aircraft, the remaining 40 percent derives from a diverse global customer base. The bonded zone status directly addresses these clients’ demands by lowering costs and accelerating turnaround times, thereby solidifying ExecuJet Haite’s role as a globally competitive MRO provider serving both domestic and international markets. The approval is anticipated to stimulate increased demand for maintenance services in the region, as international operators seek cost efficiencies and faster service delivery. Nonetheless, the company must navigate complex regulatory compliance requirements and heightened competition. Industry analysts suggest that competitors may respond by expanding their maintenance capabilities or adjusting pricing strategies to protect market share. For instance, Duncan Aviation’s recent revision of component repair pricing reflects such adaptive measures within the business aviation maintenance sector. Facility Credentials and Service Portfolio ExecuJet Haite operates as a wholly owned subsidiary of China’s Haite Group and holds authorized service center status for Gulfstream (AWF), Embraer, and Dassault Falcon Jet aircraft. The Tianjin facility is also certified to maintain Bombardier aircraft, offering a comprehensive range of MRO services to business aviation clients across the region. This broad certification underscores the facility’s capacity to support a diverse fleet and meet the evolving needs of the Asia-Pacific business aviation market.

Airbus Confronts Supply Chain Challenges Amid Rising Demand Airbus is currently facing significant supply chain disruptions as it strives to meet the escalating global demand for aircraft, according to CEO Guillaume Faury. Speaking at the World Governments Summit in Dubai, Faury highlighted a growing backlog in aircraft deliveries, with particular concern over securing engines for the years 2025 and 2026. These difficulties are exacerbated by ongoing global supply chain issues, including tariffs, trade uncertainties, labor shortages, rising material costs, and volatile freight markets. Rising Demand and Industry-Wide Pressures Faury emphasized that the aviation sector is witnessing an acceleration in demand not only for commercial aircraft but also for defense products, reflecting broader trends across the industry. He acknowledged that these pressures are not unique to Airbus, noting that rival Boeing is similarly grappling with supply chain constraints. Boeing has recently initiated an "industrial reset" and increased production of its 737 MAX to 42 aircraft per month in an effort to stabilize operations and enhance financial performance. The complexity of Airbus’s supply chain management is further intensified by the global surge in demand for maintenance, repair, and overhaul (MRO) engineers and capacity. This is particularly evident in India, where the commercial fleet is expanding rapidly. The heightened need for skilled labor and technical support adds an additional layer of challenge to meeting delivery targets. Outlook Amidst Competitive Dynamics Despite these headwinds, Faury expressed cautious optimism about Airbus’s future prospects. He pointed to the rise of Chinese manufacturers such as Comac, suggesting that the expanding global demand for aircraft could sustain multiple major players within the industry. His remarks underscore the evolving competitive landscape and the dynamic challenges confronting the aviation sector as it adapts to shifting market forces and persistent supply chain disruptions.

ANA Extends RTX Maintenance Agreements to Reduce Downtime and Manage Costs Strengthening Long-Term Maintenance Partnerships All Nippon Airways (ANA) has renewed and expanded its maintenance agreements with Collins Aerospace, a business unit of RTX (NYSE: RTX), during the Singapore Air Show. The airline signed two separate FlightSense™ contracts designed to improve fleet reliability, reduce aircraft downtime, and provide greater cost predictability across its diverse fleet. These agreements underscore the aviation industry's growing confidence in RTX’s maintenance solutions. The first contract is a five-year renewal of ANA’s FlightSense agreement, which has been in place since 2001. This cost-per-flight-hour model covers on-site support for a broad range of ANA aircraft, including Boeing 737NG/MAX, 767, 777, 787, and De Havilland Canada Dash 8-400 models. Under this arrangement, Collins Aerospace guarantees component availability and fixed-rate services, enabling ANA to better manage maintenance expenses while minimizing operational disruptions. The company will continue to deliver predictive, reliability-based maintenance for critical systems such as environmental controls, electrical systems, and engine management. Ryan Hudson, vice president of Aftermarket for Collins Aerospace’s Power & Controls unit, highlighted the comprehensive nature of the FlightSense offering. He explained that the program integrates asset management, logistics, certified repairs, and predictive health monitoring, allowing ANA to make data-driven maintenance decisions that enhance operational efficiency. Yukifumi Ueda, vice president and general manager of Engine, Component and Supply Chain at ANA, emphasized the importance of the enduring partnership. He noted that the collaboration has been fundamental to maintenance excellence at ANA Component Technics in Nagasaki, and that the renewal will further strengthen the airline’s operational resilience and commitment to safety and reliability. Expanding Maintenance Scope for Rolls-Royce Trent 1000 Components In addition to the FlightSense renewal, ANA signed a three-year extension for maintenance, repair, and overhaul (MRO) services on accessories for its Rolls-Royce Trent 1000 engines powering the Boeing 787 Dreamliners. This agreement, active since 2017, covers essential components including engine electronic controllers, hydromechanical units, fuel pump systems, and variable stator vane actuators. Iwao Takeshita, vice president of Global Supplier Relations & Planning at ANA, described the extension as a significant milestone that reinforces the shared commitment to reliability, delivery performance, and long-term cost-effectiveness. Industry Context and Market Implications While these agreements are expected to yield operational and financial benefits for ANA, the airline faces challenges related to managing the increased complexity and costs associated with the expanded maintenance scope. Nonetheless, market sentiment remains optimistic. The move aligns with similar contract renewals by other major carriers, such as Singapore Airlines’ recent extension with Collins Aerospace for its Boeing 777 fleet, reflecting strong industry trust in RTX’s maintenance capabilities. Competitors are also adapting to the evolving aerospace maintenance landscape. Rolls-Royce, for instance, has signed a memorandum of understanding with Singapore’s Economic Development Board to explore new growth opportunities in aerospace and power systems, potentially enhancing its regional maintenance services. For RTX, these developments coincide with a robust defense backlog, improved profit margins, and a significant FAA air traffic control modernization contract. Together, these factors are expected to bolster RTX’s market position and support continued momentum in its stock performance. About Collins Aerospace and RTX Collins Aerospace, a division of RTX, is a global leader in integrated aerospace and defense solutions, employing approximately 80,000 people worldwide. The company focuses on advancing sustainable, connected aviation and mission success. RTX employs over 180,000 individuals globally and delivers advanced technologies across aerospace and defense sectors.

Airbus Faces Supply Chain Disruptions Amid Rising Defense Demand Airbus is currently confronting significant supply chain challenges as it experiences a surge in defense orders, according to CEO Guillaume Faury. The European aerospace leader, already managing a substantial backlog of commercial aircraft deliveries, now faces increased pressure that could affect both its market position and profitability. Rising Defense Orders and Supply Chain Fragility The heightened demand for defense aircraft coincides with ongoing fragility in global supply chains. Shortages of critical components and logistical bottlenecks continue to disrupt production schedules. Faury acknowledged that these issues may result in delivery delays, potentially reshaping the competitive dynamics within both the commercial and defense aviation sectors. Competition is particularly fierce in the medium rotorcraft segment, where Airbus’s H160 helicopter is challenging Leonardo’s long-established AW139 model. Both manufacturers are competing aggressively for a larger share of valuable defense contracts. This surge in military aircraft demand is expected to place additional strain on suppliers, raising concerns about the industry’s capacity to meet delivery deadlines and customer expectations. Implications for Airbus and the Aerospace Industry Industry analysts observe that while Airbus’s expanding backlog reflects a robust order book, it also exposes the company to risks stemming from supply chain vulnerabilities. Delays in order fulfillment could create openings for competitors and negatively impact Airbus’s financial results. In response, Airbus is collaborating closely with its suppliers and partners to mitigate disruptions and uphold production targets. Nevertheless, the persistent supply chain constraints combined with intensifying competition suggest a period of considerable uncertainty for Airbus and the wider aerospace sector.

Air India Grounds Dreamliner Over Fuel Control Defect, Prompting Safety and Regulatory Review **New Delhi** — Air India has grounded one of its Boeing 787 Dreamliners following the detection of a critical defect in the aircraft’s fuel control system. The issue was reported by the pilot of Flight AI-132, operating from London Heathrow to Bengaluru, who observed that the left engine’s fuel control switch failed to remain locked in the “RUN” position during engine start-up, instead intermittently shifting toward “CUTOFF.” This malfunction raised serious concerns about the risk of an in-flight engine shutdown, prompting immediate action from the airline. Context and Safety Concerns This grounding occurs amid intensified scrutiny of fuel control systems, which were implicated in the tragic crash of Air India Flight AI-171 on June 12, 2025, an accident that claimed 260 lives. The Safety Matters Foundation (SMF) highlighted that the recent defect closely mirrors the technical issues under investigation in last year’s disaster, emphasizing ongoing vulnerabilities within the Dreamliner’s operational systems. Air India has informed India’s Directorate General of Civil Aviation (DGCA) and engaged Boeing for technical assistance. The airline maintains that prior fleet-wide inspections did not reveal any faults in the fuel control mechanisms. Nevertheless, aviation safety experts have expressed skepticism regarding the comprehensiveness of these inspections, pointing to a series of previous incidents. These include the AI-161 electrical malfunction, the 2025 flooding of a Dreamliner’s electronic bay that sidelined an aircraft, and an engine rollback event involving an ANA Dreamliner in Osaka in 2019. Implications for Aviation Oversight and Industry Impact Analysts warn that the recurrence of fuel control and electrical system failures suggests deeper systemic issues related to oversight, maintenance practices, and regulatory enforcement within India’s civil aviation framework. They caution that without more rigorous and transparent inspection protocols, passenger safety may continue to be compromised. The current grounding is expected to trigger heightened regulatory scrutiny of Air India’s operations and could result in further delays or disruptions as safety reviews proceed. Industry observers also note potential market repercussions. Boeing, already under pressure from previous safety concerns, may face a temporary decline in its stock value due to its association with the affected aircraft. Conversely, competitors such as Airbus might experience a short-term boost in market confidence. While the long-term consequences for Boeing’s reputation and sales remain uncertain, analysts emphasize that if the defect proves widespread or if ongoing investigations reveal additional faults, the manufacturer could face significant challenges. As the investigation unfolds, regulators and airlines alike confront mounting pressure to enforce stringent oversight measures and restore public trust in the safety of India’s rapidly growing aviation sector.

Singapore Unveils Scaled Prototype of Domestic eVTOL Aircraft A Milestone in Urban Air Mobility Development Singapore has marked a significant advancement in the urban air mobility (UAM) sector with the unveiling of its first domestically developed electric vertical take-off and landing (eVTOL) aircraft prototype. The initiative is spearheaded by Professor James Wang, a distinguished aerospace engineer credited with coining the term "eVTOL" and formerly the research and development chief at AgustaWestland. Over the past three years, Wang and his 30-member team at Nanyang Technological University have been developing the prototype under a government-funded program that has been closely guarded in secrecy. The scaled model features an 8-meter wingspan, equipped with eight wing-mounted rotors designed for vertical lift, complemented by a larger pusher-propeller intended for forward flight. Professor Wang has indicated that the production version will expand to a 14-meter wingspan. The prototype successfully completed a series of short, tethered flights in September of the previous year and is now preparing for further flight testing at the German Aerospace Center (DLR). The team is actively seeking additional funding from Singaporean authorities to progress toward certification and eventual production. Wang emphasized the national ambition, stating, “Our goal is for an eVTOL aircraft that is designed, engineered, and built in Singapore.” Expertise and Challenges in a Competitive Market Professor Wang brings extensive expertise to the project, having previously worked with Sikorsky and led the AgustaWestland (now Leonardo Helicopters) Project Zero—one of the earliest eVTOL concepts unveiled at the 2013 Paris Air Show. Since then, he has advised numerous eVTOL startups before being recruited to lead Singapore’s entry into the UAM sector. Despite this strong leadership, Singapore faces considerable challenges as it enters a market where countries such as Japan and South Korea have already established themselves as front-runners in eVTOL development. The global eVTOL industry is becoming increasingly crowded, with established players in the Asia-Pacific region intensifying competition and raising barriers to entry. Market analysts have expressed skepticism regarding Singapore’s relatively late entry, noting that most major eVTOL developers began their projects nearly a decade ago. Nonetheless, Wang remains optimistic about Singapore’s potential in this emerging field. He acknowledges the competitive landscape and the financial difficulties that have affected some high-profile eVTOL ventures but maintains that the sector’s long-term prospects are robust. “It will take until 2035, but UAM will take off,” he predicts. “There will be room for lots of manufacturers.” Wang believes that Singapore’s strategic timing and determination could enable the nation to secure a foothold in the evolving market. “This is the right time to get in,” he asserts. “This is something Singapore is determined to make happen.” As the prototype advances into its next phase of testing, Singapore’s ambitions in the eVTOL arena will be closely observed by industry competitors and analysts alike, who will assess the nation’s capacity to overcome the challenges of a late but resolute entry into the global UAM race.

Boeing and GE Address GE9X Engine Seal Issue Amid 777X Development Boeing and General Electric are actively addressing a durability concern involving the GE9X engine seal, a vital component of Boeing’s forthcoming 777X aircraft. The issue, identified during recent inspections, may necessitate a redesign of the seal. Despite this technical challenge, Boeing has reaffirmed its commitment to the 777X delivery schedule, maintaining the target year of 2027. The GE9X engine, engineered by GE Aerospace, is integral to the 777X program’s advancement. GE is currently performing on-wing inspections to evaluate the severity of the seal issue and to formulate appropriate corrective actions. This process underscores GE’s dedication to continuous product enhancement and responsiveness to operational feedback, which remain key drivers of innovation in aerospace propulsion technology. Meanwhile, Boeing continues to advance the 777-9 certification flight-test program, emphasizing safety and operational improvements as part of a broader industrial reset. Although some airlines, particularly those operating in demanding environments, have expressed concerns regarding engine reliability, Boeing insists that the seal issue will not cause further delays to the 777X program, which has already experienced postponements. Financial and Market Context Boeing’s position within the aerospace and defense industry is significant, competing with major firms such as Airbus, Lockheed Martin, and Northrop Grumman. The company’s operations span three primary segments: commercial airplanes, defense, space and security, and global services. Its commercial airplanes division directly competes with Airbus in the large passenger aircraft market, while its defense segment focuses on military aircraft, satellites, and weapon systems. From a financial perspective, Boeing’s market capitalization stands at $182.47 billion, reflecting its prominence in the Industrials sector. However, several financial indicators raise caution. The company’s Altman Z-Score is 1.6, placing it within the distress zone and indicating a potential risk of bankruptcy within two years. Insider activity has shown some caution, with 1,366 shares sold over the past three months. Valuation metrics further highlight concerns: the price-to-earnings ratio is elevated at 115.93, well above historical averages, suggesting possible overvaluation; the price-to-sales ratio is near a three-year high at 1.92; and the price-to-book ratio is notably high at 33.48, indicating a premium relative to book value. Despite these warning signs, analyst sentiment remains cautiously optimistic. The consensus target price for Boeing shares is $270.78, supported by a recommendation score of 1.8. Technical indicators such as the Relative Strength Index (RSI) at 49.62 point to neutral market sentiment, while institutional ownership remains strong at 83.76%. Risks and Outlook Boeing faces sector-specific challenges, including intense competition from Airbus and Lockheed Martin, as well as market volatility, reflected in a beta of 1.28. The company’s Beneish M-Score of -3.28 suggests a low likelihood of earnings manipulation. While the GE9X engine seal issue presents a near-term technical hurdle, Boeing’s long-term market position appears resilient. The company’s proactive safety measures, steady progress in the 777-9 certification process, and GE Aerospace’s commitment to product refinement contribute to sustained confidence among investors and customers. As Boeing continues to navigate these technical and financial challenges, the industry will closely monitor its ability to meet the 777X program’s delivery objectives.

US Joins Global Effort as Electric Air Taxis Near Commercial Use Electric air taxis are on the cusp of becoming a commercial reality, representing a pivotal advancement in sustainable urban transportation. The United States has joined an expanding group of countries—including Brazil, Canada, the United Kingdom, Japan, and South Korea—in developing electric vertical takeoff and landing (eVTOL) technology. These aircraft are poised to transform urban travel by providing faster, greener, and more efficient connections, particularly between airports and city centers. Transforming Urban Mobility Designed as zero-emission vehicles, eVTOLs have the potential to significantly reduce carbon emissions and reshape the landscape of travel and tourism. By offering swift and convenient links to airports and popular tourist destinations, electric air taxis could enhance the accessibility and appeal of sustainable tourism, contributing to broader environmental goals. US Leadership in Advanced Air Mobility The United States is emerging as a leader in the advancement of electric air mobility, with both private enterprises and government agencies actively driving innovation. In December 2025, the U.S. Department of Transportation unveiled the National Advanced Air Mobility (AAM) Strategy, which outlines a comprehensive framework for integrating eVTOLs into the national airspace system. This strategy prioritizes airspace management, infrastructure development, and stringent safety protocols, with trial flights anticipated to commence by mid-2026. Among the prominent industry players, Joby Aviation has completed over 9,000 test miles and is progressing through Stage 4 of the Federal Aviation Administration’s certification process. The company plans to initiate commercial operations in 2027, focusing initially on major metropolitan areas such as Los Angeles, San Francisco, and New York. Joby’s S4 eVTOL aircraft is engineered to transport four passengers up to 150 miles without producing emissions. Vertical Aerospace is also advancing rapidly, having recently launched its U.S. tour in New York City with the introduction of its Valo electric air taxi. This zero-emission aircraft is similarly positioned to enter the market in the near future. Challenges and Market Dynamics Despite significant progress, the sector faces several challenges that could impede widespread adoption. Regulatory complexities, substantial upfront costs, and the necessity of gaining public trust remain critical hurdles. Market dynamics may also shift, with demand potentially moving away from traditional charter flights and executive jets toward eVTOL services. Competition within the industry is intensifying, as evidenced by legal disputes such as Archer Aviation’s trade-secret lawsuit against Joby Aviation. Companies are engaged in a race to secure regulatory approvals and establish strategic partnerships to strengthen their positions in the emerging eVTOL market. The Road Ahead As electric air taxis approach commercial deployment, the United States and its international counterparts are laying the groundwork for a transformative era in urban transportation. While obstacles persist, the drive for faster, cleaner, and more accessible travel continues to fuel innovation and investment worldwide. If these efforts succeed, eVTOLs may soon become a familiar presence in city skies, fundamentally changing how people navigate urban environments and connect between metropolitan hubs.