It is unreasonable for private industry, research institutions, governments and regulators to self-assemble themselves into any form that could resemble a global aerospace leader within the predicted $318 billion USD Advanced Air Mobility (AAM) sector. The solution to this challenge is structuring a unified Canadian AAM Master Plan.
Next Generation AAM Manufacturing: Cluster Building
Canada is privileged to be home to the leading aerospace and automotive manufacturing companies worldwide. The emerging Advanced Air Mobility sector will bring Canada’s conventional expertise in both the automotive and aerospace industries in direct alignment with manufacturing the zero emissions aircraft of the future. From prototyping to full scale production, Canada possesses the experience and capacity to bring the Advanced Air Mobility sector to life safely and quickly.
Toronto, as Canada’s most populous city and financial and economic powerhouse of the Canadian economy is suffocating under the constraints of conventional ground and hydrocarbon combustion aviation. The rapid urbanization of the metro Toronto area has created an overdue need for a new, decarbonizing method of moving people, goods and services across the region. One powerful answer is Advanced Air Mobility.
With the success of the Vancouver AAM Phase 1 Feasibility Study outlining the roadmap and Triple Bottom Line analysis, the focus is now placed on developing a path to an operational action plan in 2021 that will create the process and framework for revenue generating AAM operations in Canada. The Vancouver AAM Phase 2: Operate project will be the path to revenue generating operations.