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Ampaire Conducts First Airline Flight Trials for a Hybrid-Electric Aircraft

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Electric aviation pioneer flies low-emission aircraft between Hawaiian island destinations demonstrating potential for sustainable aviation

Ampaire, a global leader in electric aviation, is the first to complete a demonstration flight of a hybrid-electric aircraft along an actual airline route. The company flew its Electric EEL aircraft on November 22nd on a 20-minute flight from Maui’s Kahului Airport across the island to Hana and back on a single charge.

Ampaire is now flying the route regularly in a one-month demonstration program with Hawai’i-based Mokulele Airlines, one of 15 airlines to have signed a Letter of Interest with the company. It is the first use of a hybrid-electric aircraft under the FAA’s Experimental-Market Survey category, allowing Ampaire to fly with their crew and essential personnel for crew training and other exploratory market activity. The flight trials are supported by Elemental Excelerator, a global climate-tech accelerator.

“We’re following the successful path of hybrid-electric automobiles in transforming ground transportation by taking that model to the sky, ” said Ampaire CEO Kevin Noertker. “By upgrading current aircraft with hybrid-electric propulsion we can enter the market quickly and take advantage of existing infrastructure for fixed-wing aviation.”

The trials serve two purposes, according to Noertker: demonstrating electric aviation’s potential to reduce harmful emissions and evaluating the robustness of Ampaire technology. “We can take lessons from this series of flights and apply them to subsequent, larger aircraft designs already in the works.”

The Electric EEL technology demonstrator used in the Mokulele trials is an upgrade of the popular six-seat Cessna 337 twin-engine piston aircraft. The aircraft has a 300-horsepower piston engine in the rear and a 160 kW-capable electric power unit in front, plus a battery pack carried in an under-fuselage aero-optimized shell. Due to the contribution of the electric power unit, fuel consumption and CO2 emissions are reduced by approximately 40-50 percent.

For the flight trials, the only change to ground equipment was the requirement to wire a Mokulele hangar with a 208-volt 3-phase outlet. Ampaire has been working with the Hawai’i Department of Transportation and the Hawaiian Electric Company to explore longer-term infrastructure solutions to support a fleet of hybrid- or fully-electric aircraft.

“The future for regional airlines is electric,” said Stan Little, CEO of Southern Airways which operates one of the largest commuter airlines in the U.S. and owns Mokulele Airlines. “We expect to put hybrid- and all-electric designs into service as soon as possible, and we know other regionals are watching us with great interest.”

“We’re excited to partner with Ampaire to pave a path to electric aviation that unlocks more accessibility to rural and island communities and increases green jobs while invigorating the aviation industry,” says Danielle J. Harris, Director of Mobility Innovation at Elemental Excelerator. “Building a climate-positive aviation industry is about much more than just a plane. It requires rethinking everything from airport infrastructure to pilot behavior, and that’s what this project is really proving.”

“The market for electric aircraft will expand as airlines perceive that electric aviation is not only environmentally desirable but economically advantageous,” said Noertker. “Electricity cost is an order of magnitude less expensive in comparison to fuel, which is the largest cost item for airlines.”

“Ampaire is focused on the regional market where we can provide viable range for typical routes,” he said. “The average regional airline route in the U.S. is less than 500 miles. Upgrading today’s aircraft for electric power is a relatively low-cost, low-risk path to aircraft certification. Then we expect to move on to increasingly efficient and capable clean-sheet designs.” UBS, the Swiss investment bank, forecasts a $178 billion market for hybrid-electric aircraft.

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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E-commerce

South Africa, Tunisia Record Job Losses as Jumia Shuts Down Outlets Over Diminishing Returns, Hopes on Nigeria, Others

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Africa-focused e-commerce retailer Jumia Technologies has announced its decision to shut down its South African online fashion retailer Zando and its Tunisian operations by the end of the year.

The development, Investors King gathered, followed diminishing returns in the countries which has been having significant impacts on the firm.

Francis Dufay, the Chief Executive Officer of the retailer giant, expressed strong confidence in Nigeria’s market, saying the firm will refocus on more profitable markets such as Nigeria.

Dufay said Jumia is aiming at more profits, hence, its decision to implement aggressive cost-cutting measures, which include reducing its workforce, exiting the everyday grocery and food delivery sectors, and scaling back delivery services unrelated to its core e-commerce business.

He said the trajectory of the South Africa and Tunisia did not align with the strategy of the group, citing complex macroeconomic conditions, a competitive landscape, and limited medium-term growth potential in these regions.

Stressing that the group’s exit plan is the right decision, Dufay emphasised that the move will allow the company to concentrate its resources on the other nine markets including Nigeria, where growth prospects are more promising.

Jumia’s remaining markets include Egypt, Kenya, Morocco, and Nigeria.

Dufay maintained that success in these regions could help recover volumes lost from the closures in South Africa and Tunisia.

Giving more facts on the level of shortage Jumia incurred in South Africa and Tunisia, he noted that Zando and the Tunisian operations contributed only 2.7% of total orders and 3% of Gross Merchandise Value during the first half of the year.

Zando.co.za, founded in 2012, has established itself as a prominent online fashion platform in South Africa. Meanwhile, Jumia’s Tunisian operations have been running under the Jumia brand for a decade, offering general merchandise.

Dufay confirmed that there are no plans to sell either operation, which will hold clearance sales before their shutdown.

Findings by Investors King revealed that no fewer than 110 persons will lose their jobs in the affected countries once the closures take effect.

Although some employees may be relocated within the company’s other divisions.

This decision comes shortly after South Africa’s largest online retail group, Takealot, announced the sale of its fashion subsidiary, Superbalist, amid rising competition from fast-fashion e-commerce giants like Shein and Temu. Dufay acknowledged that the growth potential in South Africa is increasingly challenging due to the highly competitive environment.

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MTN, Telecom Firms Urge Government Support for Tariff Hike Amid Economic Downturn

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MTN Nigeria and other telecommunication companies have requested that the federal government support their plan to increase tariffs to ensure business continuity.

The request was made due to the current economic downturn that has hindered the operations of many companies.

During a panel session at the 30th Nigerian Economic Summit on Tuesday in Abuja, titled Navigating Business Growth in a Volatile Environment, MTN’s Chief Financial Officer (CFO), Modupe Kadri, highlighted that Nigeria’s economy, impacted by foreign exchange fluctuations, has affected the effective functioning of the telecommunications industry, including MTN.

Kadri noted that with the current economic situation, the electricity and fuel sectors have experienced increases.

He therefore said for the telecom sector to remain viable, the federal government must allow similar adjustments in the telecom industry.

According to him, the telecommunications industry is also facing challenges because much of their equipment is heavily import-dependent. Despite this, the sector has not received regulatory approval to adjust its prices for over a decade.

“For ten years now, telecommunication companies haven’t been permitted to increase prices, and this regulation is not providing us with a level playing field to operate. If we are to stay in business, this policy must be reviewed, similar to how electricity and fuel prices are adjusted to reflect current economic realities,” he stated.

“Our business is mainly dependent on foreign exchange, so customers need to understand that for them to receive the services they desire, it costs money,” he added.

He noted that just like the electricity and fuel industries contribute to the nation’s GDP, the telecommunication industry also contributes to the nation’s GDP, and similar measures should be applied across sectors.

“The telecommunications industry contributes 16 percent to the GDP, and it is not something that you can mess around with,” he reiterated.

Kadri therefore sought government intervention to increase tariffs to ensure business continuity.

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Technology

EU Raises Tariff on Chinese Electric Vehicles by 35%

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In an effort to slow down Chinese infiltration of the European market with more affordable options, the European Union has hiked tariffs on electric vehicles from China by 35% to 45% from the usual 10%.

According to people familiar with the situation, ten member states voted in support of the new tariff while Germany and four others voted against it. The remaining 12 states reportedly abstained.

Last month, the former European Central Bank President Mario Draghi warned that Chinese state-sponsored competition was a threat to the European Union and could leave the region vulnerable to coercion.

The bloc had claimed that China unfairly subsidized its industry to have an edge over EU businesses, a claim Beijing denies and has threatened retaliatory action on European dairy, brandy, pork and automobile sectors.

However, given the size of trade between the bloc and China, €739 billion or $815 billion in last year, it’s believed the two parties will continue negotiations to find an alternative to the tariffs.

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