While some analysts predicted a sharp downturn in the conversion market over the next several years, the relative demand for air cargo remains strong.
Continue Reading Looking ahead: 2023 and the air freight market
Freight
Hop to it: Vertiports as an asset class
By Ashleigh Standen on
Hop to it: Vertiports as an asset class
The sums invested in the development of electric vertical take-off and landing (‘eVTOL’) aircraft have been well publicised. It seems that not a week goes by without a new partnership announcement, a new SPAC combination, or another large investment being reported in the press – such as the additional $450 million being invested by Boeing in Wisk, announced at the end of last month. The Financial Times recently referred to a McKinsey finding that ‘investors have bought into the dream, pumping more than $7bn into such projects, mainly through special purpose acquisition vehicles (Spacs) listed on US stock markets,’[1] The article goes on to note that ‘while all kinds of vehicles are planned, from cargo planes to surveillance drones, almost 75 per cent of the money went to companies developing manned electric vertical take-off and landing (eVTOL) craft.’[2]…
Flying into the future of global air freight
By Oliver Beiersdorf & Richard Hakes on
As the global economy becomes more interconnected, aviation takes on an increasingly central role in our collective economic growth. The aviation industry supports 65 million jobs and enables the best part of $3 trillion in global GDP annually. If aviation were a country, it would rank among the world’s largest economies.
With the loss of…