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  • the U.S. must win the eVTOL race with China

    From Larry Dighera@21:1/5 to All on Tue Feb 25 10:04:30 2025
    https://www.wsj.com/business/airlines/green-air-travel-aviation-industry-trump-906ecb81

    In the Trump Era, Flying Green DoesnÆt Matter Anymore

    PresidentÆs endorsement has pushed up air-taxi stocks, but development of
    all types of zero-emission aircraft is falling by the wayside

    By Jon Sindreu
    Feb. 21, 2025 7:00 am ET


    A model of a ZEROe hydrogen fuel cell powered aero engine, developed by
    Airbus, on display at last yearÆs VivaTech conference in Paris. Photo:
    Benjamin Girette/Bloomberg News

    Though investorsÆ attention has been focused on the failure of Nikola, the electric-truck maker that briefly had a higher market capitalization than
    Ford Motor, a similar trend has been quietly playing out in aviation.

    It was almost yesterday that this industry aimed for a utopian tomorrow of electric and hydrogen aircraft. And, judging by the rally in the stocks of
    the makers of air taxisùproperly called electric vertical takeoff and
    landing vehicles, or eVTOLùthis future is still on the table. Joby Aviation JOBY -3.70% decrease and Archer Aviation ACHR -6.12% decrease, which report earnings next week, are up 48% and 213%, respectively, since the Nov. 5 election. Investors seem to be putting a lot of weight on statements by President Trump and the new transportation secretary, Sean Duffy, arguing
    that the U.S. must win the eVTOL race with China. ...

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Jim Pennino@21:1/5 to Larry Dighera on Tue Feb 25 11:12:10 2025
    Larry Dighera <LDighera@att.net> wrote:


    https://www.wsj.com/business/airlines/green-air-travel-aviation-industry-trump-906ecb81

    In the Trump Era, Flying Green Doesn?t Matter Anymore

    President?s endorsement has pushed up air-taxi stocks, but development of
    all types of zero-emission aircraft is falling by the wayside

    By Jon Sindreu
    Feb. 21, 2025 7:00 am ET


    A model of a ZEROe hydrogen fuel cell powered aero engine, developed by Airbus, on display at last year?s VivaTech conference in Paris. Photo: Benjamin Girette/Bloomberg News

    Though investors? attention has been focused on the failure of Nikola, the electric-truck maker that briefly had a higher market capitalization than Ford Motor, a similar trend has been quietly playing out in aviation.

    It was almost yesterday that this industry aimed for a utopian tomorrow of electric and hydrogen aircraft. And, judging by the rally in the stocks of the makers of air taxis?properly called electric vertical takeoff and
    landing vehicles, or eVTOL?this future is still on the table. Joby Aviation JOBY -3.70% decrease and Archer Aviation ACHR -6.12% decrease, which report earnings next week, are up 48% and 213%, respectively, since the Nov. 5 election. Investors seem to be putting a lot of weight on statements by President Trump and the new transportation secretary, Sean Duffy, arguing that the U.S. must win the eVTOL race with China. ...

    Practical electric aircraft will be here any day now, along with fusion
    power, a cure for the common cold and peace in the Middle East.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)