Baykar, a prominent Turkish defense company, is set to acquire Piaggio Aerospace, marking a significant change in the aviation industry. Piaggio, founded in 1884 and widely recognized for its Piaggio P.180 Avanti aircraft and recent unmanned aerial systems (UAS) innovations, has undergone a rough financial adversity, culminating in receivership in 2018. The Italian government approved the sale on December 27, 2024, underscoring the strategic importance of Piaggio to the nation’s aerospace capabilities and workforce.

The Liaoning General Aviation Academy (LGAA) has secured the world’s first commercial-type certification for its four-seat electric aircraft, the RX4E, under Part 23 regulations. This milestone sets a new precedent for electric aviation globally, signaling that battery-powered planes are not just experimental prototypes—they are now poised for commercial operations.

The 2025 outlook for the vertiport and advanced air mobility (AAM) industry reflects a transformative period as the sector strives to transition from conceptualization to practical implementation. This rapidly evolving industry is dedicated to advancing urban air mobility, which promises to reshape how we travel within cities. It centers on innovative technologies, particularly electric and hydrogen-powered vertical take-off and landing (eVTOL) aircraft. These aircraft are engineered to take off and land vertically, making them ideal for crowded urban settings where traditional runways are impractical. 

In a significant development for China's rapidly growing low-altitude economy, over 100 Chinese companies and research institutions have joined forces to form the China Low Altitude Economic Alliance. Officially established in Beijing in August 2024, the alliance aims to promote developing and implementing the low-altitude economy across cities in mainland China. The Chinese government, both at the central and local levels, is heavily promoting the development of the low-altitude economy.