Industry News
A consumer-ready cryptocurrency will be issued by a central bank within the next five years, according to a report by technology giant IBM and central banking think tank OMFIF.
Blockchain technology has the potential to transform the energy sector. The energy industry has been consistently catalyzed by innovations including rooftop solar, electric vehicles, and smart metering. Now, the Enterprise Ethereum blockchain presents itself as the next emerging technology to spur growth in the energy sector through its smart...
Diamond's DA50 Shining Bright
On 28 October 2019 Diamond Aircraft's single-engine 5-seater DA50, equipped with Continental CD-300 engine made its first flight with retractable gear piloted by Sören Pedersen and Niko Daroussis.
By Rachel Cormack on October 22, 2019
Most Millionaires Can't Afford Private Jets
As the number of extremely wealthy people worldwide has grown, so too has the market for private flights.
NBAA president and CEO Ed Bolen said the measures will lead to growth for the general aviation industry. "Provisions in the bill, such as immediate expensing, are key economic drivers for the general aviation industry, which supports 1.1 million jobs."