The European Investment Bank will provide a €40 million quasi-equity investment into Wingcopter GmbH. Founded in 2017 in the German state of Hesse, Wingcopter’s electrically powered unmanned aircraft are already delivering goods as part of several small-scale commercial and humanitarian projects. For example, in Malawi, a joint project with UNICEF and Gesellschaft für Internat...
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As the aviation industry approaches the second quarter of 2023, the outlook in the business aviation segment seems to hold promising prospects for leading players. This is particularly true in the European market, which has maintained high activity levels for commercial and non-commercial business flights in the past six months. In 2022 business aviation segment recorded the highest numb...
Eviation Aircraft announced that MONTE, a U.K.-based regional aircraft lessor focused on sustainable aviation, has signed a LOI for up to 30 all-electric commuter Alice aircraft. MONTE will provide financing and leasing solutions for the Alice and its associated charging infrastructure to its global customer base of regional aircraft operators. Gregory Davis, President and CEO of...
Honda Aircraft Company continues to strengthen its presence in Southeast Asia for a seamless customer experience in response to the growing demand for the HondaJet. Welcome two new Honda Aircraft authorized sales representatives in Southeast Asia. The region-wide sales network offers customers in Southeast Asia greater accessibility and responsiveness to their needs. Forth Cor...
Vista will be centralizing and expanding its aircraft trading service offerings with a dedicated focus on worldwide trading of business aircraft across corporates, private owners and the brokerage market. Vista Global Trading will transform the buying and selling of assets within business aviation, through: Allowing aircraft owners globally to move to Vista’s asset free Program members...
Datalex announces the renewal of its partnership with Swiss airline, Edelweiss. As part of this renewal, Datalex will lead a brand-new digital transformation plan that will see the carrier move to Datalex’s latest version of its product suite to accelerate the airline’s digital retailing strategy. This renewal extends Datalex’s longstanding partnership with Edelweiss Airlines for...
FCG OPS continues the development of its ground handling network and announced the appointment of Vladimir Zlatanov as country manager in Bulgaria. The company has already been providing a full range of airport ground handling services in Bulgaria, including Sofia (LBSF), Burgas (LBBG) and Varna (LBWN) and appointment of the country manager is the next step of development in or...
PURE CABIN - an antimicrobial surface coating for aircraft cabins - is being rolled out by the FACC subsidiary CoLT Prüf und Test GmbH for use in other industries. In 2021, at the peak of the corona pandemic, FACC AG embarked on the development of an antimicrobial surface coating for aircraft cabins, which is now available to other industries. The product ensures that surfaces remain ger...
Philippine Airlines signed a MoU with Airbus for the purchase of nine A350-1000s. Under the PAL Ultra Long Haul Fleet project, the A350-1000 will be operated on non-stop services from Manila to North America, including to the East Coast of the US and Canada. The new aircraft will join two A350-900s already in service at the airline and currently flying to destinations in North...
CDB Aviation released its inaugural sustainability report, entitled 'Rising to the Challenge'. In 2022, CDB Aviation formed a Sustainability Working Group, which was tasked with developing a comprehensive new sustainability strategy, bringing together the lessor’s activities across the areas of Environmental, Social and Governance and defining clear actions the company...
Wisk Aero and Japan Airlines partners to bring Wisk all-electric air taxi services to Japan. Additionally, Wisk and JAL Engineering will work closely together to develop plans for the maintenance and operation of Wisk’s autonomous air taxis. A MOU has been signed that establishes a framework for collaboration between the two companies, as well as between the two comp...
