Elan Head @elanhead
Helicopter pilot, senior editor @theaircurrent, contributor @verticalmag. Often exploring the world by air. Joined June 2011-
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Over the summer, @theaircurrent team started hearing murmurs about how an emergency AD for the Airbus A330neo came to be. Left unchecked, a software flaw in the bleed air system threatened catastrophic damage. @elanhead with this groundbreaking report. theaircurrent.com/aviation-safet…
How big data helped Airbus avoid a potential catastrophic accident theaircurrent.com/aviation-safet… (via @elanhead) #staycurrent
Financial incentives for eVTOLs come amid push to ban helicopters in New York City theaircurrent.com/industry-strat… (via @elanhead) #staycurrent
Our first story of 2025 is another doubling down on air safety coverage. It also represents @theaircurrent's continued expansion into defense, which you should expect to see grow considerably in the weeks & months ahead. (Huge new reporting from @elanhead) theaircurrent.com/defense/v-22-o…
V-22 Ospreys will face ‘serious’ risks from flawed gears for foreseeable future theaircurrent.com/defense/v-22-o… (via @elanhead) #staycurrent
Archer Aviation CEO delves into the strategy behind Anduril deal theaircurrent.com/industry-strat… (via @elanhead) #staycurrent
Aionics targets new electrolytes as next step toward better eVTOL batteries theaircurrent.com/feed/dispatche… (via @elanhead) #staycurrent
Archer Aviation retains a champion at Stellantis amid leadership upheaval theaircurrent.com/feed/dispatche… (via @elanhead) #staycurrent
Vertical Aerospace CEO maps out future fundraising plans theaircurrent.com/industry-strat… (via @elanhead) #staycurrent
Skyports, Groupe ADP selected to operate Downtown Manhattan Heliport theaircurrent.com/feed/dispatche… (via @elanhead) #staycurrent
The announcement of the future of the Downtown Manhattan Heliport is here! And the new operator is a joint venture between @Skyports_Infra and @GroupeADP: theaircurrent.com/feed/dispatche…
"Announced in November 2023, a procurement process for the future operator of the Downtown Manhattan Heliport is currently underway and an announcement of the future of site is forthcoming." Background from me in @theaircurrent: theaircurrent.com/airports/jrb-h…
Mudrick Capital sweetens its deal for eVTOL developer Vertical Aerospace theaircurrent.com/feed/dispatche… (via @elanhead) #staycurrent
New court filings shed light on Wisk and Archer’s protracted legal dispute theaircurrent.com/technology/new… (via @elanhead) #staycurrent
New development: @VerticalAero says it will share a business update on Tuesday, Nov. 12: businesswire.com/news/home/2024…
Mudrick Capital makes play for control over eVTOL developer Vertical Aerospace (via @elanhead) #staycurrent theaircurrent.com/feed/dispatche…
The Air Current's @elanhead read the FAA's new 880-page SFAR on eVTOL operating rules so you didn't have to. theaircurrent.com/regulation/bre…
NTSB issues the preliminary report for its ongoing investigation of the Oct. 20 crash of a Robinson R44 helicopter near Houston, Texas. Download the report PDF: data.ntsb.gov/carol-repgen/a…
Breaking down the FAA’s new eVTOL operating rules theaircurrent.com/regulation/bre… (via @elanhead) #staycurrent
It wants more control over the company in exchange — and Vertical founder Stephen Fitzpatrick has been very reluctant to give that up. This struggle now seems to be coming to a head, as I report for @theaircurrent: theaircurrent.com/feed/dispatche… 3/3
The terms of those notes (ratcheting conversion rate, 2026 maturity date) were not conducive to attracting further outside investment. Now Mudrick is willing to adjust those terms to raise the additional capital Vertical will need to certify its aircraft, but... 2/3
Back in 2021, Mudrick Capital provided $192M in funding to #eVTOL developer Vertical Aerospace via convertible notes. The funding provided essential operating cash to a company that had mis-timed the SPAC boom, but... 🧵
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