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I like things that go boom. Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered and continue to cover everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.
Brazilian airplane manufacturer
Embraer (NYSE:ERJ) shook up the air travel industry this morning by announcing it has formed an independent company called Eve Urban Air Mobility Solutions. The company said Eve will develop electric vertical takeoff and landing (eVTOL) aircraft for use as air taxis, and that it s already found a buyer for 200 of them.
Plymouth heliport safety concerns as High Court judge hears legal challenge to stop plan plymouthherald.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from plymouthherald.co.uk Daily Mail and Mail on Sunday newspapers.
Heliport plan at Cattedown challenged by two Plymouth fuel firms
Plymouth City Council s planning committee approved the commercial operation at Victoria House in September 2020
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Two fuel firms are challenging permission for a commercial heliport near their storage depots at Cattedown in Plymouth.
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Credit: Bombardier
The year-on-year comparisons look good. But compared to levels of activity before the COVID-19 pandemic, there are few companies active in Europe’s business aviation sector that can claim any significant growth.
Unlike in the U.S., where some level of normal operations has largely been possible throughout, Europe’s patchwork of ever-changing national travel restrictions has left the sector with a steeper climb back to anything like pre-COVID activity.
“Broadly speaking, the U.S. has had a better pandemic in terms of sustained flight activity, and an accelerating rebound in the last four or five months,” says Richard Koe, managing director of WingX Advance, a market analyst. “Europe has been well behind that curve, with the exception of last summer, when things came back pretty strongly as restrictions were lifted. But that was then swiftly suppressed as most countries came back into some sort of lockdown toward the end