Impairment Considerations from the Lessor’s Perspective

EHang Plans Affordable Air Taxi Service Launch in China Within Three Years Ambitions for Urban Air Mobility Chinese air-taxi pioneer EHang has announced plans to commence commercial air taxi services from base airports across China within the next three years, with fares expected to start at approximately $28 per trip. This initiative underscores the company’s ambition to make urban air mobility widely accessible. Earlier this year, EHang became the first company worldwide to receive approval from the Civil Aviation Administration of China (CAAC) to operate electric vertical takeoff and landing (eVTOL) aircraft commercially, marking a significant milestone in the development of the sector. Currently, EHang’s regulatory approval is limited to flights that begin and end at the same location. The company intends to focus initially on sightseeing flights in cities such as Guangzhou and Hefei. It is also exploring airport transfer services, which are anticipated to be priced lower than scenic tours due to fewer operational constraints. Conor Yang, EHang’s chief financial officer, highlighted Beijing’s strategic emphasis on developing a “low-altitude economy,” referring to activities within airspace below 1,000 meters. Yang noted that air taxi rides are projected to cost between 200 and 300 yuan ($28–$42), making them more expensive than premium rides on China’s DiDi platform but still more affordable than luxury-class transfers. To support scalability, EHang has developed software designed to enable the simultaneous operation of multiple two-seat EH216-S air taxis, aiming to enhance fleet management efficiency. Challenges and Market Context Despite these ambitious plans, EHang faces considerable challenges. Its new VT35 eVTOL aircraft, which offers a range of up to 200 kilometers, is still undergoing airworthiness certification, with no definitive delivery timeline announced. The company’s announcement has elicited mixed reactions amid intensifying global competition in the urban air mobility market. U.S.-based Archer Aviation, for instance, is actively testing its electric eVTOL Midnight in Dubai and has attracted substantial investor interest. Archer’s stock has surged over 300% in the past year, supported by a reported $6 billion order book. The broader urban air mobility sector is projected to be worth trillions of dollars, drawing significant investment and participation from major industry players worldwide. In addition to competition within the air taxi market, advancements in autonomous ground transportation may influence the sector’s trajectory. Uber plans to launch autonomous taxi rides in San Francisco next year and aims to deploy 20,000 autonomous taxis by 2032. These developments could reshape urban mobility patterns and affect consumer adoption of air taxi services. EHang’s success in launching and scaling its air taxi service will depend on overcoming regulatory hurdles, achieving technological readiness, and maintaining competitive pricing. The company’s plans reflect China’s broader ambitions to lead in accessible air transport, but realizing these goals will require sustained regulatory support, technological progress, and market acceptance.

Operating Costs of a Boeing 747 Freighter in 2025 The Boeing 747 has long been a cornerstone of global cargo operations, with the majority of the remaining aircraft in service today functioning as freighters or converted passenger jets. While only a limited number of 747-400 passenger variants remain—primarily with Lufthansa—the final 747-8 model saw over 150 orders, mostly for purpose-built freighters. The last 747-400 freighter was delivered in 2009, meaning even the youngest aircraft in this category is now at least 15 years old. Although these older jets are typically fully depreciated, their high fuel consumption presents an increasing operational challenge. Fuel Costs: A Growing Challenge Fuel continues to represent the largest single operating expense for the Boeing 747-400F. Historically, cargo airlines have tolerated the aircraft’s relatively high fuel burn in exchange for lower capital costs. However, this trade-off is becoming less tenable as newer widebody freighters enter the market, offering significant efficiency gains. Models such as the Airbus A350F and Boeing 777-8F are poised to replace older aircraft, consuming only half to two-thirds of the fuel required by a 747-400F on comparable routes. Airbus asserts that the A350F achieves 20% lower fuel burn than the current 777F and surpasses the efficiency of Boeing’s forthcoming 777-8F. Both new-generation freighters are expected to be two generations ahead of the 747-400F in fuel efficiency, with the A350F projected to reduce fuel consumption and CO2 emissions by approximately 40% compared to the quad-engine 747-400F. Volatility in fuel prices further complicates the economic landscape. Although fuel costs in 2025 have decreased relative to 2024—temporarily easing operational expenses for the 747-400F—the aircraft remains highly susceptible to future fuel price fluctuations. The International Air Transport Association (IATA) and consulting firm Oliver Wyman have warned that supply chain disruptions could impose costs exceeding $11 billion on airlines in 2025, with excess fuel consumption from operating older, less efficient aircraft like the 747-400F identified as a major factor. Maintenance and Supply Chain Pressures The aging global fleet of 747-400 freighters is driving a sharp increase in maintenance costs. For example, Atlas Air operates 48 of these jets, with an average age exceeding 25 years. The complexity of quad-engine aircraft such as the 747-400F results in higher maintenance expenses compared to modern twin-engine freighters. Maintenance now constitutes a significant portion of non-fuel operating costs, with a single D-check estimated to cost between $4 million and $8 million, depending on the extent of work required. Additionally, ongoing supply chain challenges have led to rising engine leasing fees and increased costs associated with surplus inventory, further elevating the total cost of ownership. Competitive Landscape and Future Outlook In light of escalating fuel and maintenance costs, alongside persistent supply chain disruptions, many airlines are exploring alternative freighter options, including the Boeing 787 and new-generation Airbus models. This shift reflects a broader industry trend away from older aircraft like the 747-400F. As next-generation freighters enter service, the economic rationale for operating legacy quad-engine jets will become increasingly difficult to sustain, heralding a new phase in the evolution of air cargo fleets.

Archer Aviation Acquires Hawthorne Airport to Establish Los Angeles Air Taxi Hub Ahead of 2028 Olympics Archer Aviation, a US-based electric air taxi company, has finalized the purchase of Hawthorne Municipal Airport for $126 million, marking a significant step in its strategy to develop a major operational hub in the Los Angeles area ahead of the 2028 Summer Olympics. The acquisition, announced on November 6, positions Archer just a few miles from Los Angeles International Airport (LAX), enabling the company to accelerate its plans to launch passenger-carrying electric vertical take-off and landing (eVTOL) services in one of the nation’s busiest urban centers. Strategic Importance of Hawthorne Airport The 80-acre Hawthorne Regional Airport, also known as Jack Northrop Field, offers 190,000 square feet of terminal, office, and hangar space. Archer has described the site as a “one-of-a-kind Los Angeles asset” and intends to utilize it as a testing ground for new AI-driven operational and air traffic control technologies. These innovations are being developed in partnership with airlines and technology firms, including United Airlines, which has maintained a longstanding collaboration with Archer to explore air taxi operations that could integrate with United’s domestic and international networks in densely populated urban areas such as Los Angeles. Archer’s acquisition reflects growing interest in urban air mobility, a sector that the company estimates could reach a global market value in the trillions of dollars. Archer currently holds a $6 billion order book, and its stock price has surged nearly 300% over the past year. This rapid growth has intensified competition, prompting established players to forge strategic partnerships. United Airlines’ collaboration with Archer exemplifies this trend, as industry leaders seek to keep pace with technological advancements and evolving market demands. Challenges and Financial Outlook Despite the promising outlook, Archer faces considerable challenges in bringing its piloted, four-passenger eVTOL aircraft, named Midnight, to market. The company must navigate complex regulatory environments, integrate advanced AI systems into airport operations, and compete with established airports like LAX, which is undergoing a $30 billion renovation in preparation for the Olympics. These factors could influence regional airport dynamics and impact Archer’s operational timeline. Financially, Archer reports holding over $1.6 billion in liquidity to support its aircraft development programs, including a hybrid-electric variant developed in partnership with defense technology firm Anduril. However, the company remains under pressure to commence revenue-generating operations as certification timelines for eVTOL aircraft continue to extend. In the nine months ending September 30, Archer posted a net loss of $429 million, including $130 million in the third quarter alone. In its latest filing with the US Securities and Exchange Commission, Archer acknowledged ongoing losses and forecasted higher operating expenses in the near term, while affirming it has sufficient cash reserves to fund its programs for at least the next 12 months. Last month, Archer further expanded its technological portfolio by acquiring the assets of the defunct German eVTOL developer Lilium, securing more than 300 patents related to the Lilium Jet platform. As the 2028 Olympics approach, Archer’s acquisition of Hawthorne Airport highlights both the potential and the challenges confronting the emerging urban air mobility industry in Los Angeles and beyond.

Bangladesh Confirms Order for 25 Boeing Aircraft Amid Airbus Competition Bangladesh has officially placed an order for 25 wide-body aircraft from Boeing, a senior official from the country’s commerce ministry confirmed on Thursday. This commitment forms part of a broader tariff agreement with the United States, aimed at addressing trade imbalances. However, European diplomats are actively promoting Airbus as an alternative supplier, intensifying competition in the country’s aviation procurement process. Mahbubur Rahman, a senior commerce ministry representative, stated, “We made a commitment and ordered 25 wide-bodies, and we expect to receive the first one in 2029. It’s part of the tariff deal with the US.” The agreement follows a trade deal reached in August 2024, which sought to reduce tariffs imposed by the Trump administration. Under the terms, Bangladesh agreed not only to purchase Boeing aircraft but also to increase imports of US wheat, cotton, and oil, measures intended to help narrow the country’s trade deficit. Strategic Considerations and Industry Dynamics The Boeing order arrives amid significant political and economic challenges for Bangladesh. The country is still recovering from a student-led uprising in August 2024 that led to the ousting of former Prime Minister Sheikh Hasina. As the world’s second-largest exporter of garments, Bangladesh’s economy remains closely tied to its trade relations with the United States, which accounts for 20% of its ready-made garment exports. Despite the Boeing deal, Bangladesh is actively evaluating competing offers from Airbus. Rahman acknowledged that an assessment of proposals from both manufacturers is underway. According to the state-run BSS news agency, Biman Bangladesh Airlines, the national carrier, is reviewing Airbus’s proposal to supply 10 A350 wide-body and four A320neo narrow-body aircraft. Boeing’s offer includes 10 787 Dreamliners and four 737 MAX jets. Currently, Bangladesh’s fleet comprises 19 aircraft, with approximately 14 manufactured by Boeing. European envoys have intensified their lobbying efforts in Dhaka. EU Ambassador Michael Miller recently emphasized the potential of Bangladesh’s aviation sector and expressed the European Union’s interest in securing a stake in the market. The European aviation industry itself is increasingly favoring Airbus, highlighted by Flynas’s recent acquisition of the 12,260th A320, making it the most delivered commercial jet and surpassing the Boeing 737. Airbus aims to increase deliveries by 7% this year through supply chain enhancements and strengthened supplier agreements. The competitive landscape is further complicated by emerging players. Brazilian manufacturer Embraer has signaled its intention to challenge the Boeing-Airbus duopoly, potentially reshaping global market dynamics. Additionally, India’s Hindustan Aeronautics Ltd (HAL), in partnership with Russia, plans to produce SJ-100 jets, which could disrupt the dominance of the two Western manufacturers. Economic and Political Context Bangladesh’s textile and garment sector, which accounts for roughly 80% of its exports, is gradually recovering from the unrest of 2024. The United States remains a critical market, and earlier this year, former President Trump threatened to impose tariffs as high as 37% on Bangladesh’s cotton products—more than double the existing 16%. Following the August trade agreement, this tariff was reduced to 20%. Currently governed by an interim administration, Bangladesh is preparing for national elections scheduled for February 2026. As the country weighs its options between Boeing, Airbus, and emerging competitors, the outcome of this procurement process may have significant implications for the future of its aviation sector and broader trade relations.

Santa Cruz Aviation Company Advances to New Air Taxi Testing Phase A Milestone in Urban Air Mobility At the Salinas Airshow this past weekend, Joby Aviation, a Santa Cruz-based company, unveiled a significant advancement in urban transportation by showcasing its electric air taxi. This event marked a pivotal moment in the company’s ongoing efforts to bring commercial passenger service to the skies. Designed to carry four passengers, Joby’s aircraft offers a quiet, zero-emission alternative to conventional travel, promising to transform a typically stressful 90-minute drive into a swift 15-minute flight. The demonstration, the first time Joby’s electric air taxi has flown at a U.S. airshow, underscored the Central Coast’s emerging role as a hub for next-generation aviation technology. Vision and Challenges Ahead Joby Aviation envisions a future where booking a flight on an air taxi is as straightforward as summoning a rideshare through a mobile app. The company aims to provide a seamless, integrated, multi-modal transportation service that not only saves time but also reduces environmental impact and redefines urban mobility. Currently engaged in advanced testing with the Federal Aviation Administration (FAA), Joby hopes to launch passenger services in the near term. Despite the promise, significant challenges remain. Regulatory approval is a major hurdle, as the FAA requires rigorous safety and operational standards to be met before commercial passenger flights can commence. Additionally, integrating electric aircraft reliably into existing airspace and transportation networks presents complex technical obstacles. The competitive landscape is intensifying, with companies such as Archer Aviation accelerating their own development programs to capture market share. Investor sentiment reflects a cautious optimism, balancing enthusiasm for the technology’s potential against the practical difficulties of regulatory compliance and technological integration. The Future of Urban Travel The message conveyed at the Salinas Airshow was unequivocal: air taxi technology is on the cusp of reshaping urban travel. A Joby spokesperson emphasized the company’s commitment to enabling people to reach their destinations quickly, thereby enhancing quality of life. As testing progresses and competition grows fiercer, the race to introduce electric air taxis to the public is entering a critical phase. This development could soon make flying over traffic a viable option for commuters not only in California but potentially in urban centers worldwide.

Cineon.Ai Launches UK’s First CAA-Approved VR Eye Tracking System at EATS 2025 At the EATS 2025 conference, Cineon.Ai unveiled the United Kingdom’s first Civil Aviation Authority (CAA)-approved virtual reality (VR) training system equipped with integrated eye tracking technology. This innovation represents a significant advancement in pilot training, addressing longstanding challenges associated with pilot walk-around inspections—a mandatory element of type rating that traditionally requires airside access and the presence of a live aircraft. Advancing Pilot Training Through VR and Eye Tracking Developed in collaboration with Jet2, the Training Aircrew Competencies using Eye Tracking (TACET) system simulates Boeing 737 and Airbus A321 aircraft, incorporating over 100 inspection points. This immersive environment enables cadets to practice fault detection realistically without the logistical complexities of accessing actual aircraft. The system’s distinguishing feature is its eye-tracking capability, which precisely monitors where trainees direct their attention. By differentiating between cursory glances and thorough inspections, TACET provides instructors with objective, data-driven insights into inspection proficiency, surpassing the limitations of traditional subjective assessments. Cineon.Ai’s CEO, Toby de Burgh, emphasized that the integration of VR and eye tracking delivers measurable data on gaze strategy, efficiency, and human factors such as workload and fatigue. Designed to support competency-based training (CBTA) and evidence-based training (EBT), the system offers granular analytics unattainable through conventional methods. With CAA approval anticipated imminently, TACET is set to become the first VR training platform certified for UK use with eye-tracking functionality. This development holds particular promise for training organizations constrained by limited aircraft availability and restricted airside access. Regulatory and Industry Challenges The introduction of advanced eye-tracking technology arrives amid heightened regulatory scrutiny. The smart-glasses market has encountered significant regulatory concerns in 2025 related to privacy, and similar questions are now emerging regarding the use of eye-tracking data within training environments. While investors have responded positively to Cineon.Ai’s innovation, recognizing its strong growth potential, labor groups have expressed apprehension about possible surveillance risks and the cognitive impact on trainees who do not utilize AI-enabled glasses. These concerns reflect broader industry debates about balancing technological progress with privacy and equity considerations. Competitors in the VR training sector are responding by highlighting the productivity and safety benefits of their own eye-tracking solutions, while actively addressing privacy issues. As regulatory bodies continue to evaluate the implications of such technologies, the industry is closely observing how Cineon.Ai manages these challenges. The debut of TACET at EATS 2025 marks a notable advancement in aviation training, offering the potential for more objective and data-rich assessment of pilot competencies. Should Cineon.Ai’s approach prove effective in operational settings, eye tracking may become a standard feature across VR training platforms, ushering in a new era of evidence-based pilot training while simultaneously prompting ongoing discussions about privacy and the future of human-machine interaction in aviation.

Joby Aviation Secures $250 Million Air Taxi Contract in Kazakhstan Strategic Partnership and Market Expansion Joby Aviation, Inc. (NYSE: JOBY) has entered into a letter of intent to supply electric vertical takeoff and landing (eVTOL) aircraft and associated services valued at up to $250 million to Kazakhstan’s Alatau Advance Air Group (AAAG). This agreement marks a significant milestone in Joby’s international expansion efforts. The contract is supported by a memorandum of understanding with Kazakhstan’s Ministry of Artificial Intelligence and Digital Development, which has committed to establishing the regulatory framework and infrastructure necessary to support air taxi operations in the country. AAAG intends to launch Kazakhstan’s inaugural air taxi service, initially focusing on Alatau City—a 340-square-mile development project—and the city of Almaty. The partnership also encompasses collaboration on sourcing critical materials, including titanium and rare earth metals, from Kazakhstan to support Joby’s aircraft manufacturing. Zhaslan Madiyev, Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development, emphasized Kazakhstan’s commitment to advancing innovative transportation technologies. Joby’s CEO and founder, JoeBen Bevirt, highlighted the company’s approach of partnering with both government entities and regional operators to facilitate market entry. Positioning Kazakhstan as a Regional Hub The agreement positions Kazakhstan as a potential regional hub for advanced air mobility in Central Asia. AAAG will be responsible for establishing testing facilities and ground infrastructure, as well as aiding in the development of regulatory standards for air taxi services. This initiative reflects a broader effort to integrate cutting-edge transportation solutions within the region’s infrastructure. Market Performance and Industry Context Joby Aviation’s stock has experienced significant volatility over the past year, with a surge of nearly 196% tempered by fluctuations, including a sharp decline following a $514 million discounted share offering. The company’s current market capitalization stands at approximately $13.5 billion. The announcement of the Kazakhstan contract has contributed to renewed investor optimism, despite ongoing challenges within the broader eVTOL sector. Competitors such as Archer Aviation have faced delays in obtaining certification for passenger flights in markets like the United Arab Emirates, underscoring the regulatory complexities confronting the industry. Joby’s strategic initiatives, including the acquisition of Blade Air Mobility’s passenger business and partnerships with technology firms such as L3Harris Technologies, have bolstered its competitive position. However, regulatory compliance and market acceptance remain critical factors for sustained growth in this rapidly evolving landscape. Financial Results and Operational Developments In its most recent financial report, Joby posted a third-quarter loss per share of $0.48, wider than the anticipated $0.20 loss, but surpassed revenue expectations with $23 million. Needham maintained a Buy rating and a $22 price target, citing positive momentum with Joby’s S4 aircraft and growing confidence in international market opportunities, alongside the potential for earlier domestic operations. Additionally, Blade Urban Air Mobility, now integrated into Joby, is set to launch a pilot program offering 12-minute commuter flights between Manhattan and Westchester County Airport starting December 1. This service aims to significantly reduce commute times for residents in the New York City metropolitan area. These developments collectively underscore Joby Aviation’s ongoing efforts to expand its global presence, address industry challenges, and promote the adoption of electric air taxi services worldwide.

South African YouTuber Develops Solar-Powered Drone That Flies Without Batteries South African content creator Luke Máximo Bell has unveiled a pioneering prototype of a drone powered entirely by solar energy, representing a notable advancement in sustainable and autonomous aviation technology. Bell’s work exemplifies how innovation and technical skill can expand the horizons of aerial engineering. Innovative Design and Technical Specifications At the heart of Bell’s drone is the T-Motor Antigravity MN4004 300kv brushless motor, selected for its ultra-thin profile, efficient cooling capabilities, and low electrical resistance. These attributes are critical for optimizing energy efficiency, a fundamental requirement for a drone that operates solely on solar power. To further enhance aerodynamic performance, Bell integrated the motor cables within the drone’s arms, reducing drag and electrical interference. The drone’s most distinctive feature lies in its solar panels, which are seamlessly embedded into the frame. The installation process was carefully managed to prevent damage to the solar cells and to ensure an even distribution of weight. This solar array connects to a robust T-Motor F60A Mini 8S electronic speed controller and a central flight controller, creating a lightweight yet powerful system. To maximize flight efficiency, Bell equipped the drone with T-Motor NS 18×6 ultralight carbon fiber propellers. These propellers contribute to weight reduction, durability, and an optimal thrust-to-power ratio, enabling longer and more stable flights, particularly in outdoor conditions. Performance Testing and Efficiency Metrics Initial tethered tests allowed Bell to fine-tune the drone’s stability, culminating in nearly silent hovering capabilities. During these trials, the motors generated 17 grams of thrust per watt consumed, while the entire drone achieved an efficiency of 0.7 grams per watt. Although these figures may appear modest, the design is approximately 24 times more efficient than conventional vertical takeoff configurations. Broader Implications and Industry Relevance Bell’s solar-powered drone extends beyond a personal project, aligning with similar initiatives pursued by major technology firms and startups, such as Meta’s former Aquila project and various European ventures focused on solar-powered telecommunications drones. Potential applications for this technology include continuous forest fire monitoring, precision agriculture without the need for frequent recharging, delivery of medical supplies to remote locations, and environmental surveillance in protected or maritime areas. Given the aviation sector’s challenges in reducing carbon emissions, solar-powered drones like Bell’s could become instrumental in the industry’s transition toward cleaner energy. If scaled effectively or integrated with smart grid systems, these drones could operate autonomously for extended periods with minimal environmental impact. Challenges and Market Outlook Despite its promise, the technology faces significant hurdles. The high costs and complex manufacturing processes associated with solar-powered drones, especially when compared to established liquid electrolyte battery technologies, may impede widespread adoption. Market responses are expected to be varied, with early interest likely from niche sectors such as military operations that prioritize extended flight endurance. Concurrently, competitors may accelerate the development of alternative technologies or enhance existing battery systems to remain competitive with solar-powered innovations. “It’s not just about a drone. It’s about rethinking how we use energy to fly,” Bell remarked, highlighting the broader significance of his work. While still in the experimental stage, his solar drone prototype lays the groundwork for a future in which sustainable aviation becomes more accessible across diverse industries.

Air Astana to Acquire Up to 15 Boeing 787 Dreamliners in Largest Fleet Expansion **WASHINGTON, Nov. 6, 2025** – Kazakhstan’s national airline, Air Astana, has announced plans to purchase up to 15 Boeing 787 Dreamliners, marking the largest single aircraft order in the carrier’s history. This move highlights Central Asia’s increasing prominence in the global aviation market. The agreement, unveiled jointly with Boeing [NYSE: BA], aims to modernize and expand Air Astana’s widebody fleet, which currently consists of three Boeing 767 aircraft. Expanding Long-Haul Capabilities The new Boeing 787-9 Dreamliners, each configured to seat 303 passengers, are expected to significantly enhance Air Astana’s long-haul operations. The acquisition will support the airline’s expansion across Asia, Europe, and the Middle East, while also enabling the launch of new routes to North America. In addition to the 15 aircraft on order, Air Astana plans to add three more 787-9s through leasing arrangements, potentially bringing its Dreamliner fleet to 18 aircraft in the near future. Peter Foster, CEO of Air Astana, emphasized the strategic importance of the acquisition, stating, “Air Astana is committed to strengthening its service capabilities from Central Asia and the Caucasus to Asia, Europe, and the rest of the world over the next decade. With its customer-friendly cabin, fuel efficiency, and range flexibility, the fleet of up to 18 Boeing 787-9 aircraft is destined to become an outstanding success with the airline and its discerning passengers.” The agreement was signed during the C5+1 Summit, coinciding with the 10th anniversary of the U.S.-Central Asia diplomatic platform. Boeing estimates that the order will support more than 20,000 jobs across the United States. Industry Challenges and Market Context Despite the ambitious expansion, Air Astana faces ongoing supply-chain challenges that have affected the global aviation industry. The airline has set a target to operate a total of 84 aircraft, but industry-wide delays and logistical obstacles may impact the delivery schedule of the new Dreamliners. These challenges are not unique to Air Astana, as carriers worldwide navigate similar issues while modernizing their fleets and adapting to evolving market demands. The market response to Air Astana’s order is influenced by broader industry dynamics. Southeast Asian airlines have recently committed to substantial Boeing purchases, partly driven by U.S. trade policies. Meanwhile, competitors such as Emirates are pursuing their own strategic fleet expansions, including plans to acquire additional Airbus A380s following the end of current lease agreements. Boeing’s recent large-scale deals in Asia, including a potential 500-plane sale to China, underscore the competitive and rapidly changing environment in which Air Astana is operating. Paul Righi, vice president of Boeing Commercial Sales for Eurasia and India, remarked, “Boeing airplanes have been integral to Air Astana’s operations from the beginning, and we are proud that the 787 Dreamliner will support Central Asia’s growing importance in aviation. Air Astana’s decision to expand its fleet with the 787-9 aligns with its vision to enhance operational capabilities and efficiency while elevating its service offerings.” The Boeing 787 Dreamliner is widely recognized for its fuel efficiency, advanced technology, and passenger comfort, making it a preferred choice for long-haul flights. By joining the global network of Dreamliner operators, Air Astana will connect more countries than any other widebody fleet, serving approximately 500,000 passengers daily. As Air Astana embarks on its largest fleet expansion to date, the airline’s growth reflects both the opportunities and complexities confronting carriers in today’s rapidly evolving aviation sector.

Skyportz Unveils Modular Vertipad Prototype to Advance Air Mobility Infrastructure Australian infrastructure developer Skyportz has revealed its new modular vertipad prototype, the Aeroberm™, at the EVTOL Show in Palo Alto. The company describes this development as a “major milestone” in its effort to establish safe, scalable, and affordable infrastructure for the emerging Advanced Air Mobility (AAM) sector. The Aeroberm™ has been developed in collaboration with Swinburne University of Technology, Sophrodyne Aerospace, Crinnac Industrial Designers, and modular-construction expert Simon McCarthy. Having completed computational and design testing, the project is now progressing to the fabrication of its first full-scale prototype. Addressing Critical Challenges in Urban Air Mobility The deployment of urban vertiports has historically been hindered by three primary challenges: managing downwash and outwash effects, mitigating fire risks, and reducing noise pollution. The Federal Aviation Administration (FAA) has underscored the necessity of wind safety zones around vertipads, complicating their integration into urban environments. Skyportz asserts that its patented Aeroberm™ platform directly confronts these issues through an elevated, modular design that incorporates aerodynamic management, acoustic mitigation, and integrated fire suppression systems. This approach has the potential to reduce the spatial footprint required for vertiports in dense urban settings. Clem Newton-Brown OAM, CEO of Skyportz, described the Aeroberm™ as “the first truly scalable vertipad solution designed for global deployment.” He emphasized that the platform removes significant barriers to establishing affordable, practical, safe, and community-friendly sites for air taxi operations. Professor Justin Leontini of Swinburne University highlighted the role of detailed computational fluid dynamics (CFD) modeling in shaping the prototype, which will be further refined using data from actual aircraft operations. Flexibility and Industry Collaboration The modular design of the Aeroberm™ allows for relocation based on demand, providing flexibility for fleet operators aiming to rapidly establish new routes. Skyportz intends to offer its intellectual property free of charge to original equipment manufacturers (OEMs), vertiport test beds, and air safety regulators interested in participating in ongoing research and development efforts. The company anticipates announcing its initial deployment locations in the coming months, with several Australian and international partners already engaged in site selection and design adaptation. Newton-Brown stressed the importance of collaboration within the AAM industry, stating, “The AAM industry needs a multitude of low-cost destinations to service those that invest in fleets of aircraft.” Navigating Industry Challenges Despite the promise of the Aeroberm™, Skyportz faces considerable challenges. Regulatory approval processes, integration with existing airport infrastructure, and competition from established players such as EHang, Vertical Aerospace, and Signature Aviation present significant obstacles. Market analysts have expressed skepticism regarding the scalability and economic viability of modular vertipads, while competitors may accelerate their own vertiport development and flight testing in response. The AAM industry remains in its early stages, requiring substantial investment and technological innovation to fulfill its potential. As the sector awaits a defining “Winslow moment,” infrastructure solutions like the Aeroberm™ could prove pivotal—provided they overcome the practical and regulatory barriers ahead. Without affordable, safe, and scalable vertiports, air taxi services risk delays and increased costs. Skyportz aims to address this critical infrastructure gap, positioning itself as a key facilitator in the evolving AAM ecosystem.