Lilium announced a capital raise for up to $250 million, with $100 million funded at close. A Form 6-K has been filed by the Company with the Securities and Exchange Commission on May 1, 2023. This capital raise enables Lilium to continue the development of its Lilium Jet at full pace and would cover most of the estimated capital required to achieve first manned flight of the type-conforming...
Korean Air hosted an event at the its hangar at Incheon International Airport to showcase a special livery in support of Korea's successful bid to host the World Expo 2030 in Busan. Han Duck-soo, Prime Minister of Republic of Korea, Walter Cho, Chairman and CEO of Korean Air, Tae-won Chey, Co-Chairman of the Bidding Committee for World Expo 2030 Busan, Jang Sung-min, Senior Secretary...
As part of its ongoing commitment to provide customers with unparalleled levels of safety standards, DC Aviation Al-Futtaim announced that it has received the IS-BAH Stage 3 certification for its FBO located at Dubai South. DCAF received its Stage 1 certification in May 2019 and Stage 2 in January 2021. With the Stage 3 certification, DCAF is one of only two FBOs in...
Gulfstream Aerospace appointed Edmiston as the authorized international sales representative for Gulfstream business aircraft sales activities in the United Kingdom and Channel Islands. Under the agreement, Edmiston will be responsible for promoting and supporting Gulfstream with customers and prospects throughout the region. Edmiston operates in London at the Edmiston London H...
Tecnam partners with an innovative airline flyvbird, that will use smaller regional airports and an innovative algorithmic approach to provide an alternative to traditional modes of transport. Launched under the brand name flyvirtual, its focus today is on decentralised regional markets that have the potential to significantly impact the future of sustainable ai...
RECARO announces record growth of almost 55% in 2022 and outlines a plan for continued double-digit growth. In 2022, RECARO generated a revenue of nearly 425€ million and employed 2,500 personnel across its business divisions, which include RECARO Aircraft Seating, RECARO Gaming and Growag. In 2022, RECARO explored brand expansion opportunities. Key parts of the future growth strate...
Qantas Group will provide 50 scholarships to female students and Aboriginal and Torres Strait Islanders to help them get their careers off to a flying start at the airline’s Pilot Academy. The $1.5 million investment over five-years is part of Qantas and Jetstar’s plans to meet demand for Australia’s growing aviation industry and encourage more diversity in the flight deck.&...
GetJet Airlines meets the new summer season by renewing the fleet and expanding its capacity. Two more Boeing 737NG type aircraft, featuring a single economy class cabin of 189 seats, were added to the existing airlines‘ Boeing family. Lithuanian registration LY-CIN bearing aircraft this week will be offered to the worldwide market for ACMI operations. Two Boeing 737NG type ai...
Thrive Aviation continues to grow its operation with a newly opened operational base at Miami-Opa Locka Executive Airport (KOPF) and the acquisition of its fourth Citation Longitude. The 24,000 sq. ft. hangar and service facility will support Thrive's continued fleet growth and charter demand as the operator expands its presence in the east coast and global markets. In addition to the...
Alaska Airlines presented a Dash 8 Q400 regional turboprop to ZeroAvia that will be retrofitted with a hydrogen-electric propulsion system in an effort to expand the reach and applicability of zero emissions flight technology. At an event, held at ZeroAvia’s Paine Field research and development site, the companies were joined by high school students from Raisbeck Aviation High Scho...
Etihad Airways is showcasing a suite of new products and enhancements at the Arabian Travel Market in Dubai this week. The airline revealed the new interior for its Boeing 787 Dreamliners that will join the fleet in the third quarter of this year adding to the 39 Dreamliners Etihad already operates. Antonoaldo Neves, Chief Executive Officer, Etihad Airways, commented: “Etihad&rs...
One month and what a multitude of projects accomplished - AMAC Aerospace goes the extra mile to satisfy customers . A light on some of the projects for the month of April 2023. Maintenance project on Boeing B737 AMAC Aerospace re-delivered a Boeing B737 after a maintenance input. AMAC technicians from the Boeing Team accomplished an 1A and 2A base maintenance c...
