Foreword Advanced Air Mobility (AAM) is now an unfolding reality, one that has the potential to redefine how people and goods move across our skies, and one that will unlock additional services such as infrastructure inspection and wildfire detection. Yet unlocking this potential requires more than technological innovation; it demands a coordinated, strategic approach across industry, governments, civil society and academia. To support this transition, the AVIATE: Advanced Air Mobility initiative has been at the forefront of shaping the responsible development and deployment of AAM into global transportation systems. Since its inception, AVIATE has brought together more than 40 industry-leading organizations – ranging from regulatory bodies to OEMs (original equipment manufacturers), operators and infrastructure providers – to develop actionable solutions to the most pressing AAM challenges. Our focus has been on driving real- world progress through practical implementation strategies that ensure AAM’s growth is safe, sustainable and equitable. This white paper synthesizes the main insights and charts a path forward for AAM’s next stage of maturity. It outlines the most urgent priorities and the corresponding enabling actions that will define the industry’s trajectory, emphasizing the need for collaboration and alignment across the value chain. The paper also reinforces the importance of leading principles in guiding AAM’s implementation, ensuring that its development not only meets economic and operational objectives but also serves broader societal goals by being responsible. Finally, this paper provides an overview of lessons learned from real-world drone projects with the aim of transferring knowledge to other AAM vehicle projects – concrete examples of what works and what the broader AAM industry can learn from early movers. AAM’s impact extends across sectors, affecting, among others, healthcare, logistics, emergency response and urban mobility. However, coordination is needed to unlock this impact and to ensure deployments help advance societal, environmental and economic goals. The AVIATE initiative and its multistakeholder community remain dedicated to supporting this effort, inspiring the collaboration necessary to navigate the challenges ahead. The road to large-scale AAM adoption is still being paved, but the direction is clear. The insights and recommendations presented in this paper provide a foundation for the next phase of industry development, one that will be shaped by collective action and a commitment to innovation that serves both business and society. We invite all stakeholders to join us in advancing this vision, ensuring that the skies of the future are not only more connected but also more sustainable and inclusive.Arunima Sarkar Head of Frontier Technologies, Centre for the Fourth Industrial Revolution, World Economic ForumJavier González Partner, Kearney; Co-Founder of the Kearney Advanced Mobility Institute Advanced Air Mobility: Paving the Way to Responsible ImplementationJune 2025 Advanced Air Mobility: Paving the Way to Responsible Implementation 3

Advanced Air Mobility 2025