Aero Technologies announced a $65M capital raise, $50M in Series B funding and $15M in convertible notes, for a total post-money valuation of $300M. The funding round was co-led by AlbaCore Capital Group, one of Europe’s leading alternative investment firms, and returning investors Expa and Keyframe Capital, with new investment from Capital One Ventures. Inspired by the golden age of...
ST Engineering Commercial Aerospace business will expand its MRO solutions for the LEAP-1B engine with test cell support, which is expected to be ready by end-2023. The expansion into LEAP-1B test cell capability follows the setting up of quick-turn services for the engine in February this year, and the receipt of approval from EASA, FAA and CAAC. ST Engineering will work with testing and techn...
Emirates has kick-started its plans to upgrade the entire interior cabins of 120 Airbus A380 and Boeing 777 aircraft – two of the largest commercial aircraft types in service today.This ambitious project, representing a multi-billion dollar investment to ensure Emirates’ customers “fly better” for the coming years, officially commences in November and is managed entirely by...
Flexjet will showcase a Sikorsky S-76 from its new private helicopter division on the golf course at The Quail, a Motorsports Gathering. Flexjet aircraft owners will receive complimentary invitations to the garden party at the Quail Lodge & Golf Club on August 19th, as well as the Pebble Beach Concours d’Elegance on August 21st during Monterey Car Week. Flexje...
Following the ceremonial handover of the first aircraft in June at ILA Berlin, Lufthansa Technik also delivered the second Airbus A321LR (Long Range) to the German Air Force with a transfer flight from Hamburg to Cologne-Bonn. Like its sister aircraft already in service with the tactical registration 15+10, the new 15+11 will now also be available to the German Air Force for troop transport and pa...
DHL Express has welcomed the arrival of its new Boeing 777 freighter at Singapore Changi Airport. The freighter, which sports a dual DHL-Singapore Airlines livery, has a maximum capacity of 102 tonnes. SIA will operate it on routes to the United States of America via South Korea thrice weekly from August 2022. Mr Robert Hyslop, Executive Vice President for Aviation, DHL Express, c...
EVFLY, an air fleet management and air transport organisation company, aims to enable the greatest number of people to travel without constraint, at an affordable cost and in complete safety while being respectful of the environment.Supported by a panel of industry-specialists and advisors, EVFLY has the best foundation to become an important actor in the eVTOL industry. Yannick Erbs, founder a...
In response to the way the industry is progressing, the organisers of EUROPEAN ROTORS recognise the importance of workforce development, and have made strategic decisions to ensure the subject is central to the event. It is most important that we have suitably-skilled and well-educated people needed in every successful VTOL business. To meet that demand, EUROPEAN ROTORS has sch...
Qantas Group will train pilots at a new purpose-built centre in Sydney across its current and future fleet including the aircraft that will operate non-stop flights from the east coast of Australia to London and New York. A new multi-million-dollar facility is proposed for St Peters near Sydney Airport and would provide training for up to 4,500 new and current Qantas and Jetstar pilots and ca...
4AIR has launched a General Aviation Program to enable private pilots to offset the impact of their own flight activities. Similar to the program for other aviation stakeholders such as business jet travel providers, brokers and flight departments, it offers an easy, turnkey solution so that private pilots can fly confidently knowing that the impact of their flights on the environment ha...
Aspire MRO launched a widebody MRO and Passenger-to-Freighter conversion services. Founded by experienced MRO executives, Aspire will operate six bays available for heavy widebody maintenance and B777 Passenger-to-Freighter conversions at the former American Airlines maintenance facility located at Fort Worth Alliance Airport in Fort Worth, Texas. The Company is backed by investment funds man...
Bell Textron Inc.signed purchase agreement by San Bernardino County Sheriff’s Department for a SUBARU BELL 412EPX. The Emergency Operations Division will utilize the SUBARU BELL 412EPX for critical missions in San Bernadino as well as provide mutual aid assistance to neighboring counties in Southern California. Lane Evans, managing director, North America, commented: “Thi...
