Unlocking the Potential of Urban Air Mobility: Convenience, Comfort and Cost
Global Aerospace
by globalaero_admin
10h ago
Many industry observers predict 2024 to be a pivotal year for pioneers of electric vertical take-off and landing (eVTOL) vehicles seeking to create the Urban Air Mobility (UAM) market. With capital becoming harder to raise and the path to certification still challenging, consolidation might begin among the 500 or so companies aiming to bring electric aircraft services to fruition. At the same time, as some companies edge closer to beginning flight services, the question of exactly what the passenger experience will look like comes into sharper focus. Chief among the benefits targeted for pote ..read more
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New Look. Same Commitment.
Global Aerospace
by globalaero_admin
2w ago
An ancient Greek philosopher observed that the only constant is change. That is particularly true in aviation. Our industry continues to evolve, and the pace of change today is breathtaking. However, we remain confidently ahead of the curve by anticipating and responding to the unique challenges and insurance needs of our clients worldwide. Forward Focused To reflect our ongoing commitment to assisting the aviation industry and empowering every person and organization to pursue their passion for flight, our branding has been updated. These exciting changes coordinate with our celebration of 1 ..read more
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The Future of Autonomous Aircraft: Insights From a Leading Authority
Global Aerospace
by globalaero_admin
2w ago
One of the ways Global Aerospace stays at the forefront of aviation and aerospace insurance is by continually engaging with the companies behind next-generation technological advancements. Based in Silicon Valley, Reliable Robotics is pushing the envelope on autonomy and automation in aviation. We were pleased to talk with Reliable Robotics Chief Business Officer Myles Goeller about the company’s innovative offerings and how new technology is affecting aviation generally. This article includes highlights from that conversation. Aviation has used forms of automation for decades now. Do you bel ..read more
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Managing Claim Costs: A Multi-Pronged, Collaborative Approach
Global Aerospace
by globalaero_admin
2w ago
It is no secret that claim costs in the aviation industry have been rising steadily and significantly in the past few years. There are many reasons for this uptick. Some of them include general economic inflation, which has led to considerable increases in consumer prices and interest rates worldwide. Additionally, supply chain issues have led to repair delays and increased expenses, while new technologies and more expensive materials in next-generation aircraft have contributed to higher repair costs. Furthermore, with respect to liability claims, the judicial environment, particularly in th ..read more
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The Next Industrial Revolution Is Underway— 250 Miles Up
Global Aerospace
by globalaero_admin
2w ago
We are on the doorstep of the most profound industrial revolution in human history. The world is entering a new era of unprecedented economic activity marked by the transition from 60 years of space exploration to a future in which we extend our cities, communities, and factories into space. Humanity’s next chapter will be defined by unlocking the next great discoveries using new, commercial, on-orbit infrastructure just 250 miles above the Earth’s surface to harness the incredible potential of microgravity. One leading commercial space company, Sierra Space, has plans to build and operate mi ..read more
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Flying Into Our Next 100 Years
Global Aerospace
by globalaero_admin
1M ago
You have likely seen the grainy footage of the Wright brothers achieving what many before had failed to accomplish: controlled, powered flight. Video of their successes and those of other early aviators make it clear that flying was a very risky endeavor at the time. Had you been a spectator at Kill Devil Hills on December 17, 1903, you surely would have been on the edge of your seat as the Wright Flyer became airborne—albeit briefly. You may even have noticed Orville or Wilbur Wright, who both piloted flights that day, take a glance behind to marvel at the distance they had covered before tu ..read more
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Improving Aviation Safety Through Technology-Enabled Data Sharing
Global Aerospace
by globalaero_admin
2M ago
Aviation is an industry with an unwavering commitment to safety. One of the most potent tools organizations have at their disposal today is aviation data sharing. The age-old wisdom that you learn more from your failures than your successes certainly holds true in aviation. However, given the stakes, it might be better to say “your near failures.” In our industry, miscues can have devastating consequences. Fortunately, data sharing helps individuals and organizations avoid costly mistakes. This proactive approach involves the exchange of information regarding accidents and near-misses within ..read more
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What You Need To Know About Aviation Aircraft Renter’s Insurance
Global Aerospace
by globalaero_admin
3M ago
Being appropriately insured is something that should be on every pilot’s pre-flight checklist. That is true of aircraft you own and, just as importantly, aircraft you rent. In fact, confirming you have coverage when renting may be more important in some ways, as it might not be top of mind, the way insurance is for aircraft you own. This article explains what renter’s insurance (or non-owned aircraft insurance) is, what it covers, and other key aspects of this vital coverage. Financial Protection for Rented Aircraft It is a common, though incorrect, belief that the aviation insurance policy t ..read more
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Green Manufacturing: Another Step Forward on the Path to Aviation’s Goal of Net-Zero by 2050
Global Aerospace
by globalaero_admin
4M ago
Electric aircraft will play a major role in aviation’s striving to be net-zero by 2050. Still, building electric aircraft is a bold undertaking. BETA Technologies is tackling that challenge and more. The company has launched a fully sustainable production facility at the Patrick Leahy Burlington International Airport in Vermont. Production has begun on various systems as BETA Technologies moves toward delivery of its all-electric aircraft—the ALIA CTOL and ALIA VTOL—to a wide variety of customers in the defense, medical, cargo and passenger industries. As a vocal advocate for and supporter of ..read more
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7 Key Steps To Realizing the Electric Aircraft Revolution
Global Aerospace
by globalaero_admin
5M ago
Significant progress has been made towards realizing the ambitions of electric aviation pioneers. Aircraft have been built and tested, and regulators have been busy developing frameworks for aircraft and operational certification. This is good news for original aircraft manufacturers (OEMs) who have invested billions in developing electric aircraft. According to one report*, the larger companies alone have issued individual statements that, taken together, suggest that a combined 26,000 electric vertical take-off and landing aircraft (eVTOLs) will be produced by 2030. That is a staggering numb ..read more
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