The Vertical Space

Welcome back to The Vertical Space for a discussion with Declan Ryan, one of the co-founders of Ryanair and a serial builder of low-cost airlines. With commercial drone operations starting to gain momentum and the contours of future eVTOL operations becoming better understood, it is important to highlight the evolution of the low-cost airline business model and learn the lessons from this market. And we have just the right guest to take a deep dive into this fascinating topic.Dec takes us to the early days of Ryanair: how they viewed the market opportunity, how they chose to compete with legacy airlines, the strategic choices and early pivots, the mistakes along the way…and some very funny moments including negotiating an acquisition with British Airways. More broadly though, we discuss how low-cost airlines make money in a highly commoditized environment, the revenue opportunities, ways to remove cost from operations, and the role of technology in the relentless pursuit of operational excellence.Dec has been in the industry for a long time and what you’ll hear from him is a sober, unfiltered view of the challenges and opportunities that the airline industry is facing, both today and in the near future. Throughout the conversation, we make references to AAM and ways in which the lessons learned in the low-cost airline business might inform eVTOL operations and drone operations at scale. There are many lessons that the AAM industry should embrace, mistakes it should not repeat, and Dec highlights those backing them up with personal experience starting, running, or being involved in a number of airlines around the world.We discuss many other topics such as decarbonizing aviation, supersonic air travel, how startups should pitch airline customers, advice to entrepreneurs, and much more. 

Check out a terrific discussion with Paul Rinaldi, President of Rinaldi Consultants and served as President of the National Air Traffic Controllers Association (NATCA). Paul is the voice of today’s reality and tomorrow’s opportunities. In his crystal-clear messaging, he speaks to “the way it is” in air traffic. And by fully understanding the current state of air traffic, he helps to pave a way for opportunities for modernization – from technology that was already approved and purchased many years ago that has yet to be fully implemented, to technology today that could improve our system, to opportunities for tomorrow as we integrate all things into the vertical space. Thanks for joining us Paul! 9:02 Exploring the advantages of privatizing air traffic management21:00 Current state of air traffic management in the U.S.33:19 How technology can solve air traffic management pain points45:13 Integrating new entrants (AAM) into the NAS. Should low-flying drones be segregated or integrated?59:23 Is air traffic management an appealing opportunity for startups?1:01:05 Common mistakes entrepreneurs make when selling into the ATM/ATC community1:06:40 Air traffic controller shortage

An in-depth conversation with Carl Dietrich, Founder/CEO/CTO of Jump Aero – as he explains everything you want to know about Jump Aero as well as MOSAIC, the proposed Modernization of Special Airworthiness Certification rule – what Carl considers a transformational opportunity. We start with Carl’s professional arc through aviation from the Terrafugia days to Jump Aero, including involvement with the Part 23 rewrite and ASTM standards. We discuss the history of Light Sport Aircraft: when and why it was introduced and the significance to the GA market. The heart of the discussion is Carl’s context to what led up to the proposed MOSAIC rule. We discuss when MOSAIC was first proposed and why, how it changes the LSA definition, and, very cool, how significant this change could be to the growth of the GA and AAM markets, including  to potentially create a faster path to market for certain types of aircraft. 

In this episode we talk about something that has great relevance to traditional aviation, and that will become increasingly important to drone and other AAM concepts as their operations increase in scale and complexity – which is utilization of the most important physical assets in aviation -> aircraft and ground infrastructure. We have the pleasure of doing a deep dive into this interesting topic with Christiaan Hen, Chief Customer Officer at Assaia, a company with the vision to improve safety, efficiency, and capacity of the air transportation system by bringing transparency and order to ground operations.We start the conversation with an analysis of the process of turning aircraft around at airport gates: the different parts of the process, the relevant metrics, the various stakeholders involved, and the limitations of existing methods used to manage the turnaround process and broadly gate management. As the scale of commercial air operations increased over the past several decades, with the corresponding commoditization of air travel, the pressure on the air transportation system to increase efficiency while maintaining safety has never been higher. Add capacity constraints at airports that are responsible for the majority of traffic, labor shortages, and ambitions to decarbonize aviation, and you quickly realize the importance of doing more with less, and to do it more predictably and consistently. Most of our conversation with Chris is about how to achieve that. As we discuss the benefits of Assaia’s solutions to existing aviation stakeholders, we draw parallels to AAM and how this is a market that will require greater transparency and optimization of ground operations – think high density drone operations, but with the benefit of freedom in infrastructure models and technology stacks that are not burdened with outdated legacy IT systems.We also talk about the differences between Europe and North America as it relates to airport operations, state of the market, and willingness to invest in new technologies. 

Blunt converation with Pete Bunce, President & CEO of the General Aviation Manufacturers Association (GAMA). Pete combines a deep understanding of established aviation as well as advanced air mobility. He introduces competence, regulatory understanding, industry knowledge, and knowing how to get things done. Listen to Pete's vision of aviation and AAM - there's nothing superficial here.  As you will see time and again, Pete calls it as he sees it. Pete is a great industry leader. Thanks Pete for joining us on The Vertical Space. 

Today will be a different kind of conversation. We, the hosts of The Vertical Space, provide reflections on the intersection of tech and flight that were the center point of our talk at Honeywell’s 2nd Annual Advanced Air Mobility Summit. We first discuss why we started the podcast and its success (thanks to you) – then Luka provides background on what has driven the need for AAM, then we together discuss the 4 takeaways from conversations with our podcast guests and from our own observations over the last few years. Hope you enjoy. 

Today's talk is with David Stepanek – the Executive Vice President and Chief Transformation Officer of Bristow.So where we talk often talk to those building vehicles in AAM – here we have an industry leader who is committed to the opportunities of AAM – is confident that AAM will improve Bristow’s performance, reduce costs, and improve their position with sustainability. David describes how Bristow has the vision and are a leader in innovative and sustainable vertical flight solutions. Listen to what they project will be a meaningful cost reduction of AAM vs. the helicopters they’re operating today – both in reducing up front capital requirements as well as reducing long term operating costs – they believe they can reduce their direct operating costs by 60-70%. He believes Bristow will receive a meaningful return from AAM around 2030 – with a heavier contribution after 2035. He describes how urban air mobility will eventually be successful…it will probably be on a longer timeframe than most are thinking today…that there are a number of risks and challenges most are not considering today…and to scale will be more difficult than it first appears.Listen to the section on where David believes is the most value in AAM – from OEM, to Operator, to MRO, to Infrastructure and Systems – great section…and his impression of where the greater value is may be a surprise to some.As much as David and Bristow are leading their industry with AAM ….he’s also careful, realistic, and pragmatic in his approach – this is not just a cheerleader or a one-sided promoter of AAM – he has and you’ll be listening to a balanced perspective. Many thanks to David for joining us!

This episode marks a first for our podcast – it’s the first time that we recorded an episode in person, and we did it during the Honeywell Aerospace Second Annual Advanced Air Mobility Summit in Washington DC, where the three of us also shared insights on the industry in front of an impressive audience of government and industry leaders. One of the major themes of the Summit was the upcoming FAA Reauthorization, and so in light of that, we sat down with Dan Elwell – who previously served as the Acting FAA Administrator and also its Deputy Administrator – to do a deep dive into the FAA Reauthorization and other important industry topics. We start the conversation with the pilot shortage problem, the structural and cultural forces at play, and how technology can help solve it. The discussion surfaces the currently somewhat controversial topic of the role that simulators play in the “1,500 hour” rule. Listen to why Dan believes pilots should be allowed to accumulate even the entirety of the 1500hrs requirement in modern high tech simulators.Most of our conversation, however, takes us back to the roots and foundational principles of regulating aviation, including an overview of the evolution of the FAA mandate since its founding in 1958. Although not novel, the balance between ensuring safety and promoting the growth of the industry is more important today than it ever was before. We hover on this topic quite a bit and, among other things, draw analogies to how commercial space flights are regulated. Listen to what Dan thinks is one of the most important issues that the FAA needs to figure out, and how what he calls the 737 Max PTSD phenomenon and other factors create a chilling effect on the FAA workforce and their ability to be an effective regulator.

Welcome to our conversation with Damon Vander Lind, co-founder and CEO of Magpie Aviation, a company enabling long-range flights with zero emissions. Damon and Magpie are offering a solution that is fresh and new – a lot of you will be both fascinated by his vision and at the same time find reasons to challenge his assumptions – and you have to admire his bold approach to the market.  Listen to Damon's views on the evolution of advanced air mobility, of electric aviation, and the use-cases being addressed. Damon believes the industry needs solutions that address sustainability and carbon reduction – and that sustainability will become more essential in the years to come. He challenges and gives his perspectives on some of the current hopeful solutions for sustainability, including sustainable aviation fuel (SAF), which many of the airlines are betting on today.  There are those who will criticize some of today’s eVTOL companies for overstating the impact of their solution on the environment. With Magpie – and their promise of extended range – they have the opportunity to provide zero-carbon flights to longer range trips. So he’s all-in on sustainability – because customers will be paying a premium for the extended range, as well as some additional tradeoffs – and Magpie is betting the greater value of sustainability will offset the slightly higher price of his proposed solution.  So listen to this podcast for a number of reasons, listen: to one of the leading engineers talk about the evolution of the industry; to the different approaches to sustainable aviation and the electrification of the industry; to an informed person’s fresh perspective on AAM and the near-term value eVTOLs; and to Damon’s perspective on his proposed solution with Magpie Aviation.  Damon, thanks for joining us! 

Welcome to our conversation with Thomas Neubauer, Co-founder and CEO of Dimetor. We discuss connectivity using cellular networks and the intersection of cellular networks and aviation. Thomas discusses the requirement of having a pilot in command – and that you must have good, reliable digital communication to ensure connectivity – to fulfill this pilot in command requirement.We discuss how BVLOS operations are being enabled via cellular networks. It’s also interesting to hear about the gap between communications service providers and aviation ecosystems – why it’s relevant – and what can be done about it.We go in depth on the strengths, weaknesses, and risks of cellular for command and control – as well as other options that may be available in place of or to complement cellular.Thomas is the architect of Europe’s UTM interface standard – so he discusses the standard and why it was developed. He also discusses how a drone could be considered an IoT device, or Aerial IoT. Finally, we discuss Thomas’ company and product, AirborneRF, the problems they’re addressing, their customers, and how they generate revenue.Thanks for joining The Vertical Space Thomas!