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Embraer invests in a fund managed by MSW and strengthens its Corporate Venture Capital program

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 ecosy...

REGENT secures strategic investment from Japan Airlines Innovation Fund

REGENT announced a strategic investment from Japan Airlines Innovation Fund, a strategic fund that is the venture arm of Japan Airlines (JAL), one of the world’s premier carriers. This investment in REGENT serves as a first step in the exploration of incorporating seagliders into JAL&rsqu...

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Portside acquires SeaGil Software Company, expanding its portfolio of software solutions for business, private and government aviation

Portside has acquired SeaGil Software Company and its BART scheduling software product suite. Portside’s investment signifies another step the company is taking to expand its product suite which supports business, private, and government aviation flight departments. The investment will support the continued growth of Portside’s customer base of Part 135 and Part 91 flight dep...

LCI signs agreement with Elroy Air for a committed order of up to 40 Chaparral VTOL aircraft

LCI has signed an agreement with Elroy Air to acquire up to 40 of the company Chaparral VTOL aircraft. LCI’s investment in Elroy Air’s system underpins the Company’s long-term commitment to sustainable growth and innovation. Under the terms of the deposit-backed agreement, LCI will initially acquire 20 aircraft with an option for a total of up to 40 units. The...

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

Digital at BT has entered into a £5 million deal with Altitude Angel to accelerate and support plans for Skyway corridor development - UK drone superhighway, set to be the largest and longest network of its kind in the world. UTM is the software platform and infrastructure needed to allow drones to fly safely, without a pilot, over large distances. The £5 million de...

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, Georgia at which the companies plan to begin manufacturing the Midnight aircraft in 2024. Midnight is d...

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 challenges such as heavy transportation and aviation. Climate change has become the number one is...

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...

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Accelerating growth - Dufour Aerospace closes new investment from Vista

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...

Embraer invests in a fund managed by MSW and strengthens its Corporate Venture Capital program

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 innovat...