Lilium announced the signing of an asset purchase agreement with Mobile Uplift Corporation, a company set up by an experienced consortium of investors from Europe and North America. Mobile Uplift Corporation intends to acquire the operating assets of the Subsidiaries Lilium and Lilium eAir...
Horizon Aircraft has received an investment from a strategic investor and aerospace supporter, for aggregate proceeds of $8.4 million. The strategic financing will fortify Horizon Aircraft’s balance sheet, provide stability in the operations, governance and regulatory priorities, and...
Anduril and Archer announced an exclusive partnership to jointly develop a hybrid VTOL aircraft for critical defense applications targeting a potential program of record from the DOD. With Archer’s ability to rapidly develop advanced VTOL aircraft using existing commercial parts and supply chains and Anduril's deep expertise in artificial intelligence, missionization, and syst...
The construction of a new facility roughly 35 kilometers south of Porto will further expand Lufthansa Technik's capacities for the repair of engine parts and aircraft components in line with the company's strategy. The future plant of Lufthansa Technik Portugal is expected to be completed by the end of 2027 and will be equipped with the latest technologies in the MRO industry. The com...
AAM market is growing rapidly, as is the regulatory framework for the sector, and as a result of this, all of the fund managers interviewed agree that the AAM sector is becoming an increasingly more attractive market to invest in. The finding comes from new global research from New Horizon Aircraft, doing business as Horizon Aircraft, the advanced aerospace engineering company...
Eve Air Mobility announced a US$35 million* fund from Brazil’s National Development Bank, further solidifying its financial position for continued eVTOL development. This second-phase funding follows a US$92.5 million line of credit secured in 2022 for R&D and a recent US$50 million investment from Citibank, both dedicated to supporting Eve's eVTOL development program. This...
CDB Aviation announced the completion of a sale transaction for two Airbus A330-200 aircraft with National Airlines.Florida-based cargo and passenger charter services operator took delivery of the Rolls-Royce Trent 700 engine-powered versions of the aircraft in July and November 2024 and plans to deploy the two widebodies to provide charter transportation services. CDB Aviation Chief Execu...
LCI has purchased a fleet of seven, new emergency medical services configured Leonardo AW169 helicopters. The helicopters are being placed in LCI’s joint venture with SMFL: SMFL LCI Helicopters Limited. The joint venture has acquired the aircraft and will be leasing them to Babcock Canada. Babcock has been subcontracted by Ascent Helicopters, who will be provid...
Beta Technologies has raised $318 million in Series C equity capital. QIA led the raise and several of BETA’s largest investors, including Fidelity Management & Research Company and TPG Rise Climate increased their ownership in BETA. Longtime customer United Therapeutics has also joined this round as an investor. The financing round was priced at an increased valuation relative to prior...
Dubai Aerospace Enterprise announced the signing of lease agreements with Hainan Airlines for four new Boeing 737-8 aircraft, scheduled for delivery in the fourth quarter of 2025 and the first quarter of 2026. Firoz Tarapore, Chief Executive Officer of DAE, commented: “We are pleased to further strengthen our partnership with Hainan Airlines. This agreement reflects the strong relati...
Embraer announced the expansion and investment in the United States of its MRO services network to support the growing fleet of E-Jets with the opening of a new Embraer owned service center at the Perot Field Alliance Airport, in Fort Worth, Texas. In partnership with the City of Fort Worth, Denton County and the State of Texas, Embraer expects to begin operations in an existing hangar in the...
Britten-Norman has successfully completed its second funding round, securing significant capital from Northern Ireland based Beechlands Enterprises. The investment will accelerate production of the iconic Islander aircraft and transform aftermarket business. Britten-Norman will scale manufacturing operations in the UK up to eight aircraft a year in phase one. Manufacturing will be focussed pr...
Toyota Motor Corporation and Joby Aviation announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of air mobility. The investment, which will be made in two equal tranches, is subject to standard regulatory approvals and certain other...
Elixir Aircraft has signed a contract for the operation of five Elixir by Leading Edge Aviation, a training centre based in the UK and Spain, which has confirmed its intention to renew its fleet with Elixir Aircraft. This tripartite contract has also been signed with Green Aerolease. Leading Edge is thus the launch customer for Elixir Aircraft and Green Aerolease new rental offer. Leadin...
Running now
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...
