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Air Lease Corporation completes first ever North American corporate sukuk offering

Air Lease Corporation completed its inaugural sukuk issuance. The transaction, settled on March 15, 2023, represented the first ever offering of its kind into the Middle East market from a North American corporate and the largest sukuk from a US-based borrower in history. The offering cons...

South Yorkshire Mayor and local leaders approve £7m investment in Hybrid Air Vehicles’ Airlander aircraft project

South Yorkshire Mayor Oliver Coppard and the South Yorkshire Mayoral Combined Authority have approved a package of investment and support for plans by Hybrid Air Vehicles to produce its pioneering new low carbon aircraft, Airlander 10, in Doncaster. HAV is a UK-based leader in sustain...


Resiliency and increased growth for aircraft finance - Boeing forecast

Boeing released the 2023 Commercial Aircraft Finance Market Outlook showing another year of recovery and increased demand from aircraft financiers and investors. The 2023 CAFMO is Boeing's annual review of aircraft financing trends and assesses near-term market dynamics and financing sources for new commercial airplane deliveries. Rich Hammond, vice president of Customer Finance a...

UK most advanced aerospace battery facility - Vertical Energy Centre now opened

Another significant UK investment and innovation milestone with the opening of the Vertical Energy Centre, believed to be the UK’s most advanced aerospace battery facility, based in Bristol. The multi-million-pound, 15,000ft2 facility, is one of the only dedicated aerospace battery facilities in the UK. It is home to Vertical’s current 50-strong battery team – drawn fro...

LCI to deliver two new AW139 helicopters for lease to Babcock Australasia

LCI is set to deliver two new Leonardo AW139 helicopters on long-term lease to Babcock Australasia in Australia in early 2024. The aircraft, which are valued at over US$40 million, will be deployed by Babcock on mission critical and socially responsible Emergency Medical Services operations. The Leonardo AW139 combines flexibility, high performance, proven technologies, and excep...

Volocopter in Japan: Series E investment and regulatory pathway set

Sumitomo Corporation invested in Volocopter Series E Funding round. They will also become a key strategic partner for entry into service in the Japanese market starting in 2025. Additionally, Japan Civil Aviation Bureau has accepted Volocopter’s application for concurrent type certification of the VoloCity aircraft in Japan. To celebrate these milestones, Volocopter will...

Dronamics raises $40 million in pre-Series A funding to launch Europe first middle-mile drone deliveries

Dronamics has raised a total of $40 million in pre-Series A funding from venture capital funds and angel investors from 12 countries as the company approaches its upcoming Series A round. This amount includes funds received from Founders Factory, Speedinvest, Eleven Capital, and most recently the Strategic Development Fund (SDF), the investment arm of the Tawazun Council, Abu Dhabi, Unit...

Avolon delivers five Boeing 737-8 MAX aircraft to Indian Akasa Air

Avolon has completed the delivery of 5 new Boeing 737-8 MAX aircraft to Akasa Air, India’s newest airline.Delivery of the aircraft commenced in December 2022 and was completed in January 2023. This sale and leaseback transaction is Avolon’s first deal with Akasa. Paul Geaney, President and Chief Commercial Officer at Avolon commented: “We are excited to support...

Daher strengthens its position in industrial services with the planned acquisition of Assistance Aéronautique et Aérospatiale

As part of Daher “Take off 2027” strategic plan, the company signed of an agreement to acquire Assistance Aéronautique et Aérospatiale, a leading global player in manufacturing services for civil and defense aeronautics. AAA provides complete service solutions that are complementary to those of Daher – in particular for the assembly and installation o...

Accelerating growth - Dufour Aerospace closes new investment from Vista

Dufour Aerospace successfully completed a Series B investment from Vista further supporting the continued development of sustainable aviation technologies. In addition to Vista, the existing investors and two new investors participated in the funding round. Vista’s investment and deep industry experience provides valuable support in expanding the considerable potential of Dufour&nb...

Embraer invests in a fund managed by MSW and strengthens its Corporate Venture Capital program

Embraer announced an initial investment in the MSW MultiCorp 2 of R$ 20 million (around US$ 4 million), to attract and boost innovative Brazilian startups that synergize with the company's innovation strategy. Embraer has strengthened its role in promoting entrepreneurship in the Brazilian ecosystem, not only by making investments but creating partnerships with entrepreneurs interested in work...

REGENT secures strategic investment from Japan Airlines Innovation Fund

REGENT announced a strategic investment from Japan Airlines Innovation Fund, a strategic fund that is the venture arm of Japan Airlines (JAL), one of the world’s premier carriers. This investment in REGENT serves as a first step in the exploration of incorporating seagliders into JAL’s global network and highlights its commitment to sustainable transportation. With this investment...

Portside acquires SeaGil Software Company, expanding its portfolio of software solutions for business, private and government aviation

Portside has acquired SeaGil Software Company and its BART scheduling software product suite. Portside’s investment signifies another step the company is taking to expand its product suite which supports business, private, and government aviation flight departments. The investment will support the continued growth of Portside’s customer base of Part 135 and Part 91 flight dep...

LCI signs agreement with Elroy Air for a committed order of up to 40 Chaparral VTOL aircraft

LCI has signed an agreement with Elroy Air to acquire up to 40 of the company Chaparral VTOL aircraft. LCI’s investment in Elroy Air’s system underpins the Company’s long-term commitment to sustainable growth and innovation. Under the terms of the deposit-backed agreement, LCI will initially acquire 20 aircraft with an option for a total of up to 40 units. The...

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Essential news

AerCap orders 100 additional Airbus A320neo family aircraft

AerCap has signed a firm order with  Airbus for 23 A320neo and 77 A321neo aircraft. This transaction underscores AirCap’s strategy of investing in the world's most in-demand, fuel-effic...

iOS Apps development in Riga, Latvia

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MTU Maintenance Lease Services invests in TRecs to digitalise engine transition management

MTU Maintenance Lease Services, the engine leasing and asset management arm of MTU Maintenance, announced a strategic minority investment in TRecs . TRecs is a platform digitalising Open Ite...

WingsLeasing signs dry lease agreement with University of Nebraska-Kearney flight school

WingsLeasing announced the signing of a dry lease agreement of seven Tecnam P-MENTOR aircraft for the University of Nebraska-Kearney flight training program, marking a significant step forward in resh...

Emirates breaks ground on US$ 5.1 billion ultra-modern engineering facility at Dubai South

Emirates has broken ground on its new US$ 5.1 billion engineering complex at Dubai South slated to become the world’s most modern and advanced MRO facility, cementing Emirates' and Duba...

AURA AERO scales up: Series B completed, first firm orders, and two industrial sites to be built in France and the U.S.

AURA AERO is entering a new phase. Thanks to a new €50 million funding round, grants secured in France and Europe, and financial support from the State of Florida for its U.S. plant, AURA AERO ha...

AerCap orders 100 additional Airbus A320neo family aircraft

AerCap has signed a firm order with  Airbus for 23 A320neo and 77 A321neo aircraft. This transaction underscores AirCap’s strategy of investing in the world's most in-demand, fuel-effic...

Aviation Capital Group orders 50 Boeing 737 MAX aircraft

Boeing and Aviation Capital Group LLC announced the airplane lessor has placed a new order for 50 737 MAX jets, including 25 737-8 and 25 737-10 airplanes. The acquisition of 50 additional jets i...

TrueNoord places firm order for 20 Embraer E195-E2 aircraft and secures purchase rights for up to 30 additional jets

TrueNoord has signed a firm order agreement with Embraer to acquire twenty factory-new E195-E2 aircraft. The agreement also includes purchase rights for up to twenty additional new E195-E2 aircra...