Takeoff

Reserve Bank of India-backed invoice discounting platform TReDS (Trade Receivables electronic Discounting System) has reported a jump in invoices financed by lenders in 2023.The electronic platform facilitates easy access to credit for small businesses that are vendors to large corporations.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product ManagementVisitMITMIT Technology Leadership and InnovationVisitIndian School of BusinessISB Professional…

Published By: Samreen PallLast Updated: January 10, 2024, 11:10 ISTVistara: Mumbai to Paris Direct Flights Set for Takeoff on March 28. (Representative Image)Vistara, marking its 9th year, plans Mumbai-Paris flights from March 28. The five-weekly services on Boeing 787-9 aim to strengthen India-Europe connectivity.Full service carrier Vistara on Tuesday said it will launch non-stop flights to Paris from the city from March 28.Flight services on the new route will be operated five times per week with a Boeing 787-9…

In all the buzz around eVTOLs, there's still plenty of appetite for more conventional electric planes – especially, it seems, if they make ludicrous amounts of lift, and can take off and land at incredibly slow speeds, using absolutely tiny runways.Electra's hybrid-electric STOL (short takeoff and landing) aircraft is one such plane. When it hits the market, it'll carry nine passengers, and a pilot, plus luggage, up to 500 miles (805 km) at a cruise speed around 200 mph (322 km/h). It'll run eight electric props along the…

Swiss startup Sirius Aviation has unveiled designs for the world’s first hydrogen-electric vertical takeoff and landing (eVTOL) aircraft.  The jet, which kind of looks like Night Fury from How to Train Your Dragon, is billed to travel 1,851 km at speeds up to 520 km/h. That is four times as far as competitors like  German eVTOL startup Lilium are targeting using batteries. It will achieve these feats thanks to liquid hydrogen propulsion, which some consider the holy grail of fuels. The energy…

Archer Aviation displayed its Midnight electric vertical take-off and landing (eVTOL) flying taxi is at the Dubai Airshow this week. Flying taxis have been a sci-fi fixture for decades, but one operator says they are finally close to reality, first in the United States and then the United Arab Emirates and India.…

Google co-founder Sergey Brin quietly founded LTA Research in 2015, and its massive Pathfinder 1 rigid airship prototype is preparing for its first outdoor flights, with a view to speeding up disaster response and starting zero-infrastructure cargo flights. At 407 ft (124 m) long and 66 ft (20 m) in diameter, it's considerably longer than the "flying buttocks" of the Airlander 10, although less than half of its width. It might not qualify as the world's largest aircraft, but it's still absolutely enormous, approaching…

The four-seat Aska A5 is the size of an SUV, but at the touch of a button it extends an array of electric propellers and converts to a cruise-capable eVTOL aircraft with an impressive hybrid range. The FAA has cleared it for flight testing.Last time I looked, the year 2000 was 23 years ago. When I was a young'un, the year 2000 was supposed to be the future. We weren't just supposed to have flying cars and jetpacks, we were supposed to be commuting vertically on the daily. Today, there are most certainly jetpacks,…

Flying cars have captured the public imagination for decades, but have yet to enter the mainstream. However, with investors pouring cash into the sector, could the 2020s be the decade when sci-fi vision becomes reality? German startup Lilium certainly hopes so.  The startup announced this week that the design of its all-electric vertical take-off and landing (eVTOL) jet has been approved by the US Federal Aviation Administration (FAA). Lilium’s primary airworthiness authority, the European…

A Boeing 787 Dreamliner is seen on the assembly line in North Charleston, South Carolina. As airlines seek to fulfill customers' growing post-pandemic appetites for long-haul travel, Boeing is aiming to speed up production of its 787 Dreamliners after a period plagued by repeated delivery interruptions due to manufacturing defects.…

A grand jury in Harris County, Texas, indicted a man suspected of killing rapper Takeoff on a murder charge on Thursday. Patrick Xavier Clark is accused of shooting and killing the Migos member, whose real name was Kirshnik Khari Ball, on Nov. 1 outside a Houston bowling alley, the grand jury said, according to court documents reviewed by The Times.Clark, a 33-year-old DJ and nightclub promoter, was arrested by Houston police in December and has been out on a $1-million bond, court records said. He is under house…