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SkyDrive signs Singapore R&D MOU with six technology companies to validate eVTOL systems

Japanese eVTOL developer SkyDrive has signed a memorandum of understanding with six Singapore-based technology companies to explore joint research and development, and technical validation of aircraft components and systems. The agreement establishes a framework for collaboration; the announcement does not specify projects, funding or a commercial commitment.

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ANA raises revenue forecast on robust passenger and cargo demand, keeps profit guidance despite higher fuel costs

ANA Holdings has lifted its full-year revenue forecast while holding its profit guidance unchanged, citing favourable market conditions and solid international passenger and cargo demand. The outlook reflects resilient demand even as higher fuel prices increase costs for the Japanese airline group.

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Travira Air investor explores exit

An investor in Indonesian charter and aircraft services provider Travira Air is exploring an exit, according to a report whose details are unavailable in the supplied summary. The information provided does not identify the investor, the potential buyer, valuation, timing or any effect on Travira Air’s operations.

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