Sun, Apr 18, 2021
Market For AAM In The US Is Estimated To Reach $115 Billion Annually By 2035
On April 2, the Aircraft Electronics Association and other aviation organizations urged the United States Congress to pass the Advanced Air Mobility Coordination and Leadership Act.
In a letter sent to congressional leaders in both the United States Senate and House of Representatives, the industry groups noted that the “legislation is intended to ensure critical federal government leadership and coordination in support of the emerging Advanced Air Mobility (AAM) sector.
The new and innovative AAM sector will use highly automated electric and vertical take-off and landing vehicles to facilitate new transportation options, create jobs and economic activity, advance environmental sustainability and new technologies, and support emergency preparedness and competitiveness. A recent study found that the market for AAM in the U.S. is estimated to reach $115 billion annually by 2035 and is expected to benefit urban, suburban, and rural communities.”
The proposed bill in the Senate (S. 516) and its companion bill in the House (H.R. 1339) “direct the Department of Transportation to establish an Advanced Air Mobility interagency working group to plan and coordinate efforts related to the safety, infrastructure, physical security, cybersecurity, and federal investment necessary to bolster the AAM ecosystem in the United States.
Advanced Air Mobility refers to an air transportation system that moves people and cargo between places using new aircraft designs that are integrated into existing airspace operations as well as operated in local, regional, intraregional, rural, and urban environments.”
More News
Back-Taxi A term used by air traffic controllers to taxi an aircraft on the runway opposite to the traffic flow. The aircraft may be instructed to back-taxi to the beginning of the>[...]
“Our WAI members across the nation are grateful for the service and sacrifice of the formidable group of WASP who served so honorably during World War II. This group of brave>[...]
“Many aspiring pilots fall short of their goal due to the cost of flight training, so EAA working with the Ray Foundation helps relieve some of the financial pressure and mak>[...]
Blind Speed The rate of departure or closing of a target relative to the radar antenna at which cancellation of the primary radar target by moving target indicator (MTI) circuits i>[...]
Aero Linx: International Airline Medical Association (IAMA) The International Airline Medical Association, formerly known as the Airline Medical Directors Association (AMDA) was fo>[...]
ANN's Daily Aero-Term (05.19.24): Back-Taxi
See All