Green Flying Machine
Forbes Middle East - English|Jan 2023
Futuristic electric vertical-takeoff air taxis have grabbed all the headlines—and billions in venture dollars—but Singapore-based investor Richard Chandler thinks he has a better idea: conventional battery-powered aircraft that are cheaper to fly and more reliable than turboprops.
Green Flying Machine

The quiet of a frigid November afternoon in eastern Washington state is shattered by an earsplitting roar as an F/A-18 fighter jet screams down the runway at Grant County International Airport, barreling past rows of undelivered Boeing 737 MAX jets. Inside a nearby hangar is a gleaming white airplane that could be a key step on the journey to silencing those jets and erasing their greenhouse gas emissions: the Eviation Alice. The elegant twin-engine, which resembles a Cessna Citation crossed with a balloon animal, is entirely battery-powered and in September became the heaviest electric plane, at more than 16,000 pounds, ever to take flight.

For Richard Chandler, the 63-yearold Singapore-based billionaire investor who controls Eviation and the company that makes Alice’s electric engines, MagniX, it’s personal. An uncle on his father’s side, George Watt, was an RAF test pilot during World War II who worked on the Allies’ first jet engine. An uncle on his mother’s side, Tony Guina, is a car mechanic turned inventor who worked for years developing highpowered electric motors. For years, the New Zealand-born Chandler funded Guina’s work—mostly as a favor to

his mother. Chandler kicked around the idea of plugging those engines into Jeepneys in Manila to cut air pollution, but it became apparent that they would always be too expensive for buses. Then, in 2017, he was advised that they might be perfect for airplanes.

Denne historien er fra Jan 2023-utgaven av Forbes Middle East - English.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra Jan 2023-utgaven av Forbes Middle East - English.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA FORBES MIDDLE EAST - ENGLISHSe alt
TOP 20 ARAB WOMEN IN GOVERNMENT
Forbes Middle East - English

TOP 20 ARAB WOMEN IN GOVERNMENT

Our first list of 20 Arab Women in Government recognizes the most impactful women in leading roles across government institutions, excluding ministerial and parliamentary positions.

time-read
9 mins  |
February 2025 ENG
SCENT OF SUCCESS
Forbes Middle East - English

SCENT OF SUCCESS

Mona Kattan, CEO and Founder of KAYALI, is redefining perfume as a form of self-love. Following a world tour of her signature collection, the beauty mogul is now launching scents that venture outside of her comfort zone, continuing to innovate while tapping into the Middle East's lucrative love of fragrance.

time-read
7 mins  |
February 2025 ENG
GUIDING THE NARRATIVE
Forbes Middle East - English

GUIDING THE NARRATIVE

Mona AI Marri, Vice Chairperson and Managing Director of the Dubai Media Council, Director-General of the Government of Dubai Media Office, and President of the Dubai Press Club, has been pivotal in shaping the emirate's media landscape. Now she's bringing Al, filming, and gaming into the spotlight.

time-read
7 mins  |
February 2025 ENG
MENA's Biggest M&A Deals
Forbes Middle East - English

MENA's Biggest M&A Deals

MENA continued to solidify its role as a global financial powerhouse in 2024, with major mergers and acquisitions (M&As) shaping industries from chemicals to renewables and retail. Here's a closer look at five of the largest deals of 2024.

time-read
2 mins  |
February 2025 ENG
World's Richest Women 2025
Forbes Middle East - English

World's Richest Women 2025

From pioneering philanthropy to managing family empires, the world's top wealthiest women are reshaping industries, preserving legacies, and redefining influence. Net worths are as of January 16, 2025, as per Forbes.

time-read
2 mins  |
February 2025 ENG
FUTURE PROOFING
Forbes Middle East - English

FUTURE PROOFING

Empowering women in business and nurturing the next generation of entrepreneurs means offering community support where it's needed. Rym AI Falasy, Secretary-General of the Supreme Council for Motherhood and Childhood, is championing initiatives in the U.A.E. to foster the well-being and advancement of mothers and children across different fields.

time-read
7 mins  |
February 2025 ENG
10 MENA Women Making Their Mark in Marketing
Forbes Middle East - English

10 MENA Women Making Their Mark in Marketing

These 10 CMOs head the marketing function of some of the largest companies across the region, leading successful campaigns and initiatives, and helping boost business.

time-read
4 mins  |
February 2025 ENG
100 MOST POWERFUL BUSINESSWOMEN 2025
Forbes Middle East - English

100 MOST POWERFUL BUSINESSWOMEN 2025

Women in MENA are leading some of the largest local and global companies and leaving an immense impact across industries, from banking powerhouses to technology visionaries. Once again, Hana AI Rostamani, Group CEO of the First Abu Dhabi Bank- the U.A.E.'s largest bank-leads the list for the third consecutive year. She was also recognized for the fourth time on Forbes' list of the World's Most Powerful Women 2024, ranking 60 globally.

time-read
5 mins  |
February 2025 ENG
10 Powerful Businesswomen Leading Family-Owned Businesses
Forbes Middle East - English

10 Powerful Businesswomen Leading Family-Owned Businesses

Our list of the 10 powerful businesswomen leading some of the largest family-owned companies and groups in the region features women who have inherited family legacies and possess exceptional expertise. They're managing vast conglomerates across diverse sectors of the economy, including industry, technology, and education. The list includes three entries based in the U.A.E., two from Oman, and one from each of Saudi Arabia, Egypt, Morocco, Bahrain, and Lebanon.

time-read
5 mins  |
February 2025 ENG
The World's Most Powerful Women 2024
Forbes Middle East - English

The World's Most Powerful Women 2024

The 100 leaders on Forbes's 2024 list of the World's Most Powerful Women oversee a total of $33 trillion in GDP and influence the lives of over a billion people. Here's a look at the top ten who are breaking down barriers in politics, philanthropy, and business.

time-read
4 mins  |
February 2025 ENG