Regional Express had taken a 20 per cent stake in Dovetail Electric Aviation (Dovetail) which is pioneering the conversion of turbine powered aircraft to electric, emission-free propulsion. The equity participation agreement formalises the strategic partnership between Rex and Dovetai...
Ascendance Flight Technologies has raised €21 million. French Tech Souveraineté, operated by Bpifrance as part of the France 2030 plan, CELAD, Expansion Aerospace Ventures, SC Mahé, Adrien Montfort (CTO Sorare) via Snaw Ventures, and ARIS Occitanie have contributed to this funding r...
Pratt & Whitney announced its plans to invest $255 million through 2028 in a world-class sustainment facility in Oklahoma City, Okla. The new 845,000-square-foot facility will act as a hub for depot operations for all Pratt & Whitney military engines, including those for the F-35, C-17, F-22, F-15, F-16, B-52, and E-3 AWACS. Pratt & Whitney Oklahoma City site is part of...
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 consisted of US$600 million aggregate principal amount of 5.85% trust certificates due April 1, 2028 (th...
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 sustainable aircraft technology and the Airlander 10 is an ultra-low emissions aircraft, capable of carryin...
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...
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 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...
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 has raised a total of $40 million in pre-Series A funding from venture capital funds and angel investors from 12 countries as the company approaches its upcoming Series A round. This amount includes funds received from Founders Factory, Speedinvest, Eleven Capital, and most recently the Strategic Development Fund (SDF), the investment arm of the Tawazun Council, Abu Dhabi, Unit...
Avolon has completed the delivery of 5 new Boeing 737-8 MAX aircraft to Akasa Air, India’s newest airline.Delivery of the aircraft commenced in December 2022 and was completed in January 2023. This sale and leaseback transaction is Avolon’s first deal with Akasa. Paul Geaney, President and Chief Commercial Officer at Avolon commented: “We are excited to support...
As part of Daher “Take off 2027” strategic plan, the company signed of an agreement to acquire Assistance Aéronautique et Aérospatiale, a leading global player in manufacturing services for civil and defense aeronautics. AAA provides complete service solutions that are complementary to those of Daher – in particular for the assembly and installation o...
Dufour Aerospace successfully completed a Series B investment from Vista further supporting the continued development of sustainable aviation technologies. In addition to Vista, the existing investors and two new investors participated in the funding round. Vista’s investment and deep industry experience provides valuable support in expanding the considerable potential of Dufour&nb...
Embraer announced an initial investment in the MSW MultiCorp 2 of R$ 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...
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Brazil, SANTANA
08/09/2026
United Kingdom, London
Air France-KLM today has submitted a binding offer to Parpública for the acquisition of a 44.9% to 49.9% stake in TAP Air Portugal, marking a decisive step in the airli...
