Business aviation news

Latest Business aviation news

XO sees record growth across core offerings in the first half of 2022

CHC Helicopter completes $500,000,000 recapitalization

CHC Group LLC announce a comprehensive recapitalization transaction to significantly reduce its funded debt obligations by up to $500 million subject to regulatory approvals. As part of the recapitalization, a substantial portion of CHC’s existing debt and equity holders agreed to provide over...

Aero secures $65M in Series B financing to accelerate the future of premium air travel

Aero Technologies announced a $65M capital raise, $50M in Series B funding and $15M in convertible notes, for a total post-money valuation of $300M. The funding round was co-led by AlbaCore Capital Group, one of Europe’s leading alternative investment firms, and returning investors Expa a...

Flexjet new private helicopter division with Sikorsky S-76 during Monterey Car Week

Flexjet will showcase a Sikorsky S-76 from its new private helicopter division on the golf course at The Quail, a Motorsports Gathering. Flexjet aircraft owners will receive complimentary invitations to the garden party at the Quail Lodge & Golf Club on August 19th, as well as the Pebble Beach Concours d’Elegance on August 21st during Monterey Car Week. Flexje...

Improving air mobility in South East Asia - EVFLY

EVFLY, an air fleet management and air transport organisation company, aims to enable the greatest number of people to travel without constraint, at an affordable cost and in complete safety while being respectful of the environment.Supported by a panel of industry-specialists and advisors, EVFLY has the best foundation to become an important actor in the eVTOL industry. Yannick Erbs, founder a...

General Aviation carbon offsetting even more accessible - 4AIR

4AIR has launched a General Aviation Program to enable private pilots to offset the impact of their own flight activities. Similar to the program for other aviation stakeholders such as business jet travel providers, brokers and flight departments, it offers an easy, turnkey solution so that private pilots can fly confidently knowing that the impact of their flights on the environment ha...

Jet Token secures $40mm commitment for post IPO funding

Jet Token Inc. announced it has entered into a $40 million investment commitment from GEM Global Yield LLC SCS, the $3.4 Billion, Luxembourg based, private alternative investment group with offices in Paris, Nassau, New York, and Los Angeles. Under the share subscription facility, Jet Token Inc. will have the right to periodically sell to GEM up to $40 million of common stock during a 36-mont...

Accelerated pathway for graduates - ATP Flight School & Wheels Up hiring partnership

ATP Flight School has formed a hiring partnership with Wheels Up Experience offering ATP graduates a streamlined pathway to First Officer positions and long-term careers in aviation. Amid the growing demand for commercial pilots, the partnership allows Wheels Up to recruit from ATP's student and instructor group of 2,400 pilots while providing ATP graduates with expanded opportunities for prof...

Meghna Aviation expands fleet with two Bell helicopters

Meghna Aviation Ltd. in Bangladesh has signed a purchase agreement for two Bell helicopters, a Bell 505 and a Bell 407GXi. Established in 2011, Meghna Aviation is a part of Meghna Group of Industries, a leading Bangladeshi-based corporation, that employs more than 35,000 people across its various businesses. Upon delivery, Meghna’s new Bell 505 and Bell 407GXi will increase their B...

Bristow orders of up to 55 BETA Technologies ALIA-250 eVTOL aircraft

Bristow Group has placed a firm order for five electrically powered vertical take-off and landing ALIA-250 aircraft manufactured by electric aviation company BETA Technologies, Inc. Bristow will also have the option to purchase an additional 50 ALIA aircraft. The ALIA will have a maximum range of 250 nautical miles and is designed to carry 1,400 lbs of payload or can carry six people inc...

Thrive Aviation earns prestigious ARG/US Platinum Safety Rating

Thrive Aviation was awarded the coveted Platinum safety rating in an upgrade to their longtime Gold status, after completing an on-site audit with ARG/US' standards team. The review is an in-depth, historical safety-analysis of planes, pilots, and procedures, as well as a validation of enhanced standards in the operation's SMS and Emergency Response Plans. Known as the industry's...

Leonardo VIP-corporate helicopter fleet set to grow in Brazil

The leadership of Leonardo in the world’s VIP/corporate multiengine helicopter market continues to grow with new orders announced at LABACE 2022, including two AW169 light intermediate twins and one AW109 Trekker light twin engine helicopter. One AW169 and the AW109 Trekker will be delivered to a private operator in 4Q2023. An AW169 is expected to be handed over to its user in 3Q2023. T...

Metrojet Engineering Clark welcomes the 5th parking aircraft

Metrojet Engineering Clark,the Philippines-based Maintenance, Repair and Overhaul station of Hong Kong-based Metrojet Limited, has welcomed the 5th aircraft to park in its new state-of-the-art hangar facility since the commencement of operations in May 2021. Since the Government of The Philippines eased the hotel quarantine measures for fully vaccinated inbound travellers earlier...

Embraer partners with VOAR to strengthen support for executive aviation

During LABACE 2022 Embraer announced a partnership with VOAR Aviation with the objective to offer unscheduled services to Embraer executive aviation customers at the Congonhas Airport in São Paulo. Therefore, Embraer continues to strengthen its operations of maintenance, repair, and overhaul services and support the Fixed Base Operator to meet the growth of executive aviation...

Clay Lacy breaks ground on $20 Million, 11-acre FBO and MRO development at Waterbury-Oxford Airport

Clay Lacy Aviation has served the private aviation needs of the Northeast United States since 2016. Recently, it strengthened its commitment to the area and its economic future by celebrating the groundbreaking of its $20 million expansion at Waterbury-Oxford Airport (KOXC) in Oxford, Connecticut. And to foster the next generation of aviation professionals, Clay Lacy Aviation established an annual...

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Essential news

IADA White Paper of insights from leading aircraft finance experts

For decades, financing a business aircraft was often viewed as a relatively straightforward exercise. A buyer identified an aircraft, selected a lender, negotiated terms and completed the transaction....

EH216-S completes Central Asia’s first pilotless human-carrying eVTOL flight in the heart of Kazakhstan’s capital

EHang flagship EH216-S successfully completed Central Asia’s first pilotless human-carrying flight of an eVTOL aircraft in Astana, Kazakhstan. During the Games of the Future 2026, the...

Honda Aircraft Company associates celebrate 20 years of aviation innovation

Honda Aircraft Company associates celebrated 20 years since the company's founding, marking two decades of excellence, continued innovation, and commitment to the Piedmont Triad community with a c...

Where performance meets preparedness — General Aviation Service’s approach to high season success

Summer high season in Spain is always a defining period for general aviation sector, and this year is no exception. With the first two months already behind us, preliminary results are offering a clea...

Honda Aircraft Company celebrates type validation of HondaJet Elite II in Brazil at LABACE 2026

Honda Aircraft Company announced first delivery of HondaJet Elite II in Brazil, marking a significant milestone in the company’s continued commitment to general aviation in South America. The de...

Eve Air Mobility achieves first transition flight milestone, advancing eVTOL program toward wing-borne flight

Eve Air Mobility completed its first partial transition flight, marking an important milestone in the development and testing of the company' eVTOL aircraft. The flight involved the acti...

Introducing latest-generation TBM to a major business aviation market - Daher Aircraft delivers the first TBM 980 in Brazil

The first TBM 980 for a Brazilian customer delivered by Daher Aircraft, marking the introduction of this newest fast and efficient turboprop-powered airplane in a market where the TBM family continues...