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BT Group backs Altitude Angel to make the UK a global leader for commercial automated drone operations

Stellantis to build electric aircraft with Archer and provide strategic funding for growth

Stellantis  and Archer Aviation have agreed to significantly expand their partnership by joining forces to manufacture Archer eVTOL aircraft Midnight. Stellantis will work with Archer to stand up Archer’s recently announced manufacturing facility in Covington, Geo...

SWEN Capital Partners invests in international developer of E-fuel for aviation Arcadia eFuels

SWEN Capital Partners invests in Arcadia eFuels. The investment will be used to develop test E-fuel production facilities with the objective of producing up to 100 million liters by 2027. Created in 2021, Arcadia eFuels' mission is to decarbonize sectors facing major transition ch...

New State Aviation Holdings acquires Blackhawk Aerospace

New State Capital Partners announced that its general aviation-focused platform, New State Aviation Holdings, has acquired Blackhawk Aerospace. Blackhawk joins NS Aviation anchor aviation investment AVEX, a leading provider of sales and maintenance for the Daher TBM turboprop aircraft, which was acquired in December 2021. AVEX and Blackhawk will continue to operate independentl...

AerCap delivers two of six new Airbus A330neo aircraft to Condor

AerCap delivered two of six new Airbus A330-900neo aircraft to German leisure carrier, Condor. The remaining aircraft are scheduled to deliver in summer 2023 through 2024. On December 29 Condor A330neo with the registration D-ANRH arrived at Frankfurt Airport. It is already the second brandnew Airbus A330-900neo aircraft that Condor welcomes this December. The aircraft is the f...

BNDES approval of $92.5 million line of credit to support Eve eVTOL development program

Eve got the approval by the executive board of Brazil National Development Bank to support Eve eVTOL development efforts with two distinct credit lines, totaling $92.5 million. Both credit lines are expected to offer beneficial terms and conditions to Eve with a 12-year maturity and amortization grace period. The financing is subject to the negotiation and execut...

EHang strategic partnership and investment with Qingdao West Coast New Area

EHang announced its strategic partnership with Qingdao West Coast New Area, one of China national new areas in Shandong province. This partnership comes with a binding US$10,000,000 equity investment and a potential additional investment of US$10,000,000 in the future. Through this strategic partnership, EHang plans to develop its AAV business and the UAM industry and market in Qing...

Focus on climate-neutral flying - OHB SE and AFK Enterprise agree to acquire stake in Deutsche Aircraft Holdings

OHB and AFK joint company DAH Beteiligungsgesellschaft mbH on Thursday, December 8th, signed an agreement to secure an important minority equity investment in Deutsche Aircraft Holdings, the sole owner of Deutsche Aircraft Group companies. The investment comes from a joint venture between aerospace company OHB SE and investment company AFK Enterprise AG and will propel development of new gree...

Blueberry Aviation completed remarketing of eleven ATR72-600 aircraft

Entering its 20th anniversary year, Blueberry Aviation has recently delivered the last of eleven ATR72-600s to US lessor Jetstream Aviation Capital. This delivery marks the completion of a repossession and remarketing project which started in 2021 following Avianca’s Chapter 11. Blueberry Aviation was mandated by the French and Italian Export Credit Agencies to support th...

Aviation Capital Group delivered A320neo to JetSMART

Aviation Capital Group announced the delivery of one new Airbus A320neo aircraft on long-term lease to JetSMART. This aircraft featuring Pratt & Whitney PW1127GA-JM engines, delivers from ACG’s orderbook with Airbus. Marine Benoit, ACG Vice President Marketing for the Latin American region, commented: “We are pleased to continue developing our partnership with JetSMART with...

Dronamics awarded 2.5 million Euros grant from the European Innovation Council for the roll-out of its cargo drone mobility solution

Dronamics has been awarded a €2.5 million grant by the European Commission under the prestigious European Innovation Council (EIC) Accelerator program. The EIC has also expressed a material commitment to support Dronamics’ upcoming Series A round. The grant will support the development and roll-out of Dronamics’ cargo drone fleet, the deployment of the first droneports in...

CDB Aviation leases six A320neos to Air India

CDB Aviation announced on the sidelines of Airline Economics Growth Frontiers Asia Pacific 2022 conference the signing of lease agreements for a fleet of six Airbus A320neo aircraft with Air India. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India’s additional A320neo aircraft under the recently announced multi-stage transformation...

VoltAero secures the first funding in its Series B round from the strategic industrial investor, TESI

VoltAero completed first tranche in its Series B financing, with Italy TESI becoming a strategic investor and industrial partner. The new funding round, which includes a €32 million capital raise, will cover certification and production launch of the first member in its electric-hybrid aircraft family, the Cassio 330. The Series B round marks the third funding phase for VoltAer...

Volocopter raises additional USD 182 million in second signing of Series E financing round

Volocopter has raised an additional USD 182 million in the second signing of its Series E funding round. NEOM – the Red Sea's smart, cognitive region project – and GLy Capital Management of Hong Kong have joined Volocopter's diverse investor base. This will carry the company beyond the certification of its electric passenger aircraft, the VoloCity air taxi....

Ampaire receives order from MONTE for up to 50 Eco Caravans

Ampaire received a firm order for 25 Eco Caravans from MONTE, a financier of sustainable regional aviation technologies. The agreement also includes an option for an additional 25 Eco Caravan order and codifies the parties’ Preferred Partner relationship.   MONTE’s Investment Director, Timothy Eyre, commented: “MONTE is looking to build a fleet of low emiss...

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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...

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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...