Though Covid-19 has delivered a “body blow” to the aerospace industry, it will come back better and stronger thanks to the industry’s innovative spirit.
Industry leaders estimate that the industry won't see any major new aircraft announcements for three to four years as airlines/OEMs struggle to recover.
The race to bring new eVTOL aircraft to market for air taxi services is only part of a wider push to advance plans for hybrid and all-electric aircraft.