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XTI Aerospace announces Mesa Airlines' investment in XTI and conditional pre-order for 100 TriFan 600 aircraft

XTI Aerospace announced that Mesa Air Group is the purchaser under a previously disclosed conditional purchase order for up to 100 TriFan 600 aircraft, a fixed-wing, vertical lift crossover airplane, which is currently in development. If all conditions are met and the order is fully e...

Airbus signs order with LCI and SMFL for 21 latest generation helicopters

Airbus Helicopters, LCI and Sumitomo Mitsui Finance and SMFL announced an order for up to 21 of the latest generation helicopters.  The major new order from LCI and SMFL’s joint venture leasing operation, SMFL LCI Helicopters (SMFLH), consists of 14 firm orders plus 7 options. I...

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Groupe ADP increases its support for the deployment of sustainable aviation fuels by investing in LanzaJet

After being the first airport operator in Europe to offer a permanent dual SAF offer at Paris-Le Bourget airport and then being the first airport industry player to invest in an investment fund dedicated to SAF development (United Airlines Ventures Sustainable Flight FundSM 3), the Groupe ADP is continuing its initiatives by investing in LanzaJet to enhance the production and deployment...

SwissDrones secures USD 10 million in additional funding

SwissDrones announced the closing of its Series B equity growth funding round, securing over USD 10 million from a consortium of investors including aviation investor DiamondStream Partners, Chevron Technology Ventures, Ingleside Investors, and a continued commitment from existing shareholders, marking another significant milestone in Company’s rapid development. The transaction closed on Ap...

airBaltic Q1 revenue up by 26%, reaching EUR 132 million

airBaltic prepares to publish its financial results for the first quarter of 2024, preliminary data already points to a strong performance. airBaltic continues to demonstrate operational excellence and confident business indicators, building on its record  results for the full year of 2023. According to preliminary indicators, total revenue for Q1 is expected to...

Embraer plans to invest USD$390 million and create another 900 direct jobs this year in Brazil

Embraer announced its plan to invest approximately USD$390 million and hire 900 additional employees in the current year. The announcement was made during the visit of the President of Brazil, Luiz Inácio Lula da Silva, to the company's headquarters in São José dos Campos. The objective is to meet increased aircraft production and anticipated future growth by developing ne...

AURA AERO AERO Friedrichshafen - aircraft financing solutions & orders for electric two-seater INTEGRAL E

AERO Friedrichshafen 2024 was a success aor AURA AERO. Together with and Societe Generale Equipment Finance company announced a cooperation in the field of aircraft financing. In order to facilitate access to the INTEGRAL family, AURA AERO brand new two-seater aircraft designed for pilot training, aerobatics and leisure, SGEF will offer buyers financing at attractive inter...

Skyports raises in excess of $110M in Series C round led by new investment from ACS

Skyports announced that ACS Group has made a substantial equity investment in Skyports, to become the largest investor in the company. ACS Group, which in 2023 generated revenue of $39 billion, has invested via its wholly owned infrastructure development/concessions business IRIDIUM, focused on sustainable and innovative transportation solutions. The capital will support key develop...

Natilus and MONTE partners to offer leasing of Kona regional blended-wing-body aircraft

Natilus announced a strategic partnership with MONTE Aircraft Leasing. MONTE will provide leasing and financing options for the Kona aircraft to Natilus customers, making the path towards sustainable aviation more attainable. This collaboration between Natilus and MONTE will accelerate the adoption of eco-friendly air transportation solutions while meeting the increasing demand for effic...

TCab Tech closes Series A financing with additional 20 million USD

TCab Tech announces it has raised an additional 20 million USD in its Series A financing. The exclusive investment comes from a strategic investment fund which plans to introduce the air-taxi application in the Middle East region. TCab passenger-carrying E20 eVTOL is a tilt-rotor configuration, a 5-seater (1pilot+4pax) equipped with six rotors, four tilt and two lift rotor...

Abelo expands fleet with acquisition of four ATR72-600 aircraft and welcomes IndiGo as a new partner

Abelo announced the acquisition of four ATR72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India low-cost carrier, IndiGo.This new partnership with IndiGo is a key part of Abelo's strategic expansion, emphasising our commitment to enhancing regional...

Britten Norman secures new investment

Britten Norman has secured new investment from a group of investors led by 4D Capital Partners LLP (“4D”), a Private Equity firm that focuses on operational improvement and business transformation. The new investors are making funds available to Britten-Norman to fund working capital and to drive successful long-term growth. Britten-Norman Chief Executive, William Hynett OBE, commen...

Rolls-Royce announces investment in large engine assembly, test and shop visit capacity

Rolls-Royce is investing in its assembly, test and shop visit capacity in the UK and Germany to address growing long-term demand for new civil large engines and improve customer aftermarket support services for its global Trent fleet. As outlined at last year’ Capital Markets Day, Rolls-Royce expects an annual increase of 7 - 9% of Rolls-Royce powered aircraft in service for the re...

GE Aerospace to invest over $650M in manufacturing facilities, supply chain in 2024

GE Aerospace announced plans to invest $650 million in its manufacturing facilities and supply chain this year to increase production and strengthen quality to better support its commercial and defense customers. H. Lawrence Culp, Jr., Chairman and CEO of GE and CEO of GE Aerospace, commented: “As GE Aerospace prepares to become a standalone company this spring, we are making signi...

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Essential news

Embraer plans to invest USD$390 million and create another 900 direct jobs this year in Brazil

Embraer announced its plan to invest approximately USD$390 million and hire 900 additional employees in the current year. The announcement was made during the visit of the President of Brazil, Luiz In...

iOS Apps development in Riga, Latvia The drones news

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XTI Aerospace announces Mesa Airlines' investment in XTI and conditional pre-order for 100 TriFan 600 aircraft

XTI Aerospace announced that Mesa Air Group is the purchaser under a previously disclosed conditional purchase order for up to 100 TriFan 600 aircraft, a fixed-wing, vertical lift cross...

AURA AERO launches its first European crowdfunding campaign

AURA AERO is launching its first European crowdfunding campaign, via Crowdcube, in parallel with its main fundraising. This possibility to invest, even if modestly, is open to all, and will enable Fre...

airBaltic Q1 revenue up by 26%, reaching EUR 132 million

airBaltic prepares to publish its financial results for the first quarter of 2024, preliminary data already points to a strong performance. airBaltic continues to demonstrate operationa...

AURA AERO AERO Friedrichshafen - aircraft financing solutions & orders for electric two-seater INTEGRAL E

AERO Friedrichshafen 2024 was a success aor AURA AERO. Together with and Societe Generale Equipment Finance company announced a cooperation in the field of aircraft financing. In order to fa...

Airbus signs order with LCI and SMFL for 21 latest generation helicopters

Airbus Helicopters, LCI and Sumitomo Mitsui Finance and SMFL announced an order for up to 21 of the latest generation helicopters.  The major new order from LCI and SMFL’s joint v...

Natilus and MONTE partners to offer leasing of Kona regional blended-wing-body aircraft

Natilus announced a strategic partnership with MONTE Aircraft Leasing. MONTE will provide leasing and financing options for the Kona aircraft to Natilus customers, making the path towards sustain...

Britten Norman secures new investment

Britten Norman has secured new investment from a group of investors led by 4D Capital Partners LLP (“4D”), a Private Equity firm that focuses on operational improvement and business transf...