The aviation industry is keen to reduce its carbon footprint, and big money is being spent developing battery-powered aircraft. Last year, investors poured around $5bn into companies seeking to get manned electric VTOLs – vertical take-off and landing craft – airborne. The technology is improving, but as the FT’s Charlotte Middlehurst reports, there are still major hurdles to overcome.
This could be the most ambitious public transit project in America.
SEATTLE has become one of the most attractive cities in the United States.
The tech boom has helped bring in some 1,000 new residents every week. Of course, all those new Seattleites need a way to get around, and things are getting crowded.
In response, the city has been expanding its rail system, and fast. The latest project, Sound Transit 3, will invest $54BN over the next 25 years to expand the network five-fold.
With the passage of the $1.2 trillion Bipartisan Infrastructure Bill, American cities are getting a chance to rethink their public transit systems with fresh infrastructure funding.
And Seattle’s expansion might be the country’s most ambitious project yet.
Winnebago has unveiled its e-RV, a fully electric RV camper van concept developed by Winnebago Industries’ Advanced Technology Group. It encompasses all the right buzz words: zero emissions, energy efficiency, functionality, sustainability, flexibility, innovation, connectedness, and eco-friendliness. The Winnebago e-RV is an all-electric motorhome designed for the electric age.
AirCar the dual-mode car-aircraft vehicle has been issued the official Certificate of Airworthiness by the Slovak Transport Authority, following the successful completion of 70 hours of rigorous flight testing compatible with European Aviation Safety Agency (EASA) standards, with over 200 takeoffs and landings.
The challenging flight tests included the full range of flight and performance manoeuvres and demonstrated an astonishing static and dynamic stability in the aircraft mode. AirCar flew 70+ hours of test flights, incl. cross country with 200 takeoffs and landings.
Lazzarini has unveiled an amazing “James Bond styled” airship yacht concept.
Called Air Yacht, the extravagant vehicle has been revealed in concept images from Rome-based firm Lazzarini Design Studio according to a Daily Mail report.
According to the website, “the dry carbon fibre structure can reach 60 knots thanks to four solar-powered electric propellers and two helium-filled blimps, allowing it to fly, hover and float on the water too.”
The global pandemic triggered sky-high spending on manufactured goods. This increased spending created a huge bottleneck in the supply chain that could last for years. WIRED takes a look at the journey of a single shipping container; and with the help of supply chain analyst Lora Cecere, breaks down all the roadblocks a shipping container will encounter in 2021 and beyond.
Passenger airlines are a crucial industry in the global economy, but the sector is also extremely volatile. Running a passenger airline is an asset-intensive industry with narrow profit margins.
Despite the risks, the industry has experienced some periods of consistent growth, which can lull investors into a false sense of security. Watch the video above to learn whether investors should steer clear of the sector and why passenger airlines struggle to stay profitable.
Billionaire investor Warren Buffett once called himself an “air-o-holic” because of how tempted he is to invest in commercial airlines. But he learned the hard way, twice, that the industry can be a risky bet. Airline stocks have been on a wild ride since the beginning of the pandemic, which shows just how volatile the sector can be. “It seems that airlines once or twice a decade are hit with these really hard-to-process exogenous shocks, whether it’s something like 9/11 or the Great Recession,” said Adam Gordon, managing director and partner at Boston Consulting Group’s Airline Practice. The passenger airline industry is already asset-intensive, with narrow profit margins. Despite the risks, the industry has experienced some periods of consistent growth. Airlines saw big growth in profits for about a decade prior to Covid, which analysts attribute to the airlines restructuring post-9/11. These periods can lull investors into a false sense of security. In 2017, the CEO of American Airlines said he was confident the business was never going to lose money again. Airline stocks may be appealing to investors because the industry is crucial to the global economy. “If you just step back and you think about what service airlines are offering, they’re putting you in a metal tube, taking you up to 40,000 feet, and transporting you in relative or absolute comfort at hundreds of miles an hour to get from point A to point B. And if you think about the substitutes for that service, like, there really aren’t any,” said Gordon. “So it’s kind of surprising to me that an industry that delivers that kind of a service and does it with an absolutely impeccable operational and safety record is able to come under such pressure,” he added.
A video tour through the 2022 Unity Corner Bed, featuring two sleeping areas, seatbelts for up to 4, large exterior storage, 3-piece dry bath, and expandable living space. https://leisurevans.com/build/unity/
In 2021, the average age of vehicles on the road reached a record 12.1 years. Every driver that chooses to hold on to a car for another year is postponing a trip to the dealership, and some industry analysts wonder if rising vehicle ages and prices indicate trouble for new car sales in the future. Automakers are stuffing cars with new technology and improvements but will that be enough to keep buyers wanting the latest and greatest?