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Watch: JetSuite Bringing Electric Planes to Its Fleet by 2022

Zunum Aero announced that JetSuite will be its inaugural customer for a new hybrid-electric aircraft. It’s estimated that the delivery date will be sometime in 2022. Without disclosing financial arrangements, the announcement says JetSuite could potentially commit to purchase up to 100 planes. The aircraft will be built of composite materials with two engines mounted…

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Watch: JetSuite Bringing Electric Planes to Its Fleet by 2022

Zunum Aero announced that JetSuite will be its inaugural customer for a new hybrid-electric aircraft. It’s estimated that the delivery date will be sometime in 2022. Without disclosing financial arrangements, the announcement says JetSuite could potentially commit to purchase up to 100 planes.

The aircraft will be built of composite materials with two engines mounted just in front of the distinctive V-tail which will be powered by “Tesla-style” electric propulsion packs. The plane will have a range of about 700 miles and seat about 12 passengers. Aero will cost around $250 per flight hour to operate compared to $600–1,000 per flight hour in operations costs.

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USMCA non-renewal and new 50% Section 338 tariffs put North American supply chains in uncharted territory

USMCA non-renewal and new 50% Section 338 tariffs put North American supply chains in uncharted territory

New tariffs of 50% under Section 338 on Canadian goods are set to take effect on August 19. The non-renewal of the USMCA introduces a ten-year timeline affecting North American trade dynamics. These changes pose significant challenges to the stability and predictability of supply chains across the region.

  • 01Tariffs of 50% under Section 338 on Canadian goods will begin on August 19.
  • 02The USMCA's non-renewal means a decade-long countdown impacting trade relations in North America.

Aug 5, 2026

Aurora's second-generation driverless trucks signal a new phase for autonomous freight, as Amtrak and eVTOL deals reshape the broader mobility stack

Aurora's second-generation driverless trucks signal a new phase for autonomous freight, as Amtrak and eVTOL deals reshape the broader mobility stack

Aurora has introduced its second-generation driverless trucks, indicating a new milestone in autonomous freight technology. Concurrently, Amtrak has enhanced its infrastructure to advance ADA compliance and Vertical Aerospace has entered a new eVTOL agreement, marking significant shifts in transportation modalities. These advancements reflect ongoing evolution in enterprise mobility solutions.

  • 01Aurora's second-generation driverless trucks further autonomous freight technology.
  • 02Amtrak enhances ADA compliance to improve accessibility.
  • 03Vertical Aerospace secures an eVTOL contract, expanding its aviation reach.

Aug 4, 2026

UPS and PayPal both raise guidance on the same day, validating multi-year restructuring bets

UPS and PayPal both raise guidance on the same day, validating multi-year restructuring bets

UPS and PayPal have both increased their financial outlooks, with UPS lifting its 2026 revenue projection to $91.2 billion. The adjustments reflect successful outcomes from multi-year restructuring efforts. Both companies attribute their improved forecasts to efficient restructuring strategies.

  • 01UPS projects its 2026 revenue at $91.2 billion.
  • 02PayPal has increased its profitability guidance.
  • 03Both companies credit restructuring strategies for their improved financial outlooks.

Aug 4, 2026

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