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Aviation industry electrified by Paris Air Show debuts

This week’s Paris Air Show, much like the Geneva Motor Show that ran in March of this year, is proving to a massive game changer for the aviation industry as aircraft makers from startups to aerospace giants embrace electrification.

Top of the list was the news that Israeli startup Eviation, which wants to up-end the regional aviation industry with its completely new 9 seater “Alice” electric medium haul plane, has struck a multi-million deal to launch commercial flights with US regional airline Cape Air.

Rainbow Rare Earths Ltd (LON:RBW) is a mining company focussed on production from, and expansion of, the high grade Gakara Rare Earth Project in Burundi, East Africa. With in-situ grades in the range of 47-67% Total Rare Earth Oxide (TREO), Gakara is one of the world’s richest rare earth deposits.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.