A Quote by Erik Lindbergh
The first company to produce a certified two seat electric aircraft with a 1.5 hour range will dominate the aviation training market.
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I would like to mention that I have flown the 262 first in May ‘43. At this time, the aircraft was completely secret. I first knew of the existence of this aircraft only early in ‘42 - even in my position. This aircraft didn’t have any priority in design or production.
I would like to mention that I have flown the 262 first in May '43. At this time, the aircraft was completely secret. I first knew of the existence of this aircraft only early in '42 - even in my position. This aircraft didn't have any priority in design or production.
Basically my point of view on unicorns is that private companies which have sky high valuations, it doesn't really mean anything in the real world until it's marked to market. And there's only two ways things get marked to market in venture capital: Either a company is acquired by another company for cash or marketable security, or it goes public, and then it has reporting requirements and then the market will determine the value.
It doesn't look nearly as big as it did the first time I saw one. Mickey McGuire and I used to sit hour after hour in the cockpit of the one that American used for training, at the company school in Chicago, saying to each other, 'My God, do you think we'll ever learn to fly anything this big?'
These subsidies from four European governments, which include aircraft launch assistance, capital injections, debt forgiveness, have enabled Airbus to develop and range market airliners well below cost.
I had a few months of physical prep where I was training six hours a day - I was doing an hour and a bit of yoga, I would do a couple hours of cardio and weight-lifting, and then I would do an hour or maybe two of martial arts training.
The potential of fire on board an aircraft is among the most serious issues in aviation.
The Japanese always started with the market share of components first. So one would dominate, let's say, sensors, and someone else would dominate memory, and someone else hard drives and things of that sort.
Dwelling on an engine failure for a pilot as he rolls down the runway is NOT what he should be thinking about - it's obtaining a smooth liftoff! But in the back of his mind, he knows exactly what to do (or pretty much) and in many cases, if he's alone in the fighter aircraft, he has to leave that aircraft in an ejection seat in a big hurry!
No economy, no company, in fact no individual can develop its full potential today without embracing two fundamental trends - globalization and digitalization. They will dominate for quite some time to come.
It is possible for two people who have wide differences of preference and opinion, of habits, of teaching, of training, of background and belief to enjoy the company of each other in many ways. Indeed, a diversity of friendships is one of life's real enrichments. To learn of the goodness of those who are unlike-their worth, their sincerity, their good hearts, their good minds, their good company-is rich and rewarding. It is wonderful to have a wide range of choice friends who can be counted on, friends who can be enjoyed and loved and trusted. Such is the meaning of friendship.
Government, not the oil industry, is the biggest 'profiteer' from oil. And it uses the tax revenue to expand its own authority at the expense of the individual, as it does with an endless number of other industries - including electric power, coal, lumber, pharmaceuticals, automobiles, aircraft, and agriculture. The Statist's intrusion to the free market is boundless.
The electric car, it's not the government saying, 'Oh, we must have electric cars.' The market was ready for that. People were ready for that, so, we have electric cars.
I really do encourage other manufacturers to bring electric cars to market. It's a good thing, and they need to bring it to market and keep iterating and improving and make better and better electric cars, and that's what going to result in humanity achieving a sustainable transport future. I wish it was growing faster than it is.
The down market favours the small two-, three-, four-person company, not the huge company with 100 people losing half a million dollars a month.
Even during negotiation with HAL, Dassault felt that the cost with which the HAL will produce will be far higher than the aircraft produced in France. That was the reality.
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