Horizon Aircraft Inc. has entered into a binding agreement with its parent company, Astro Aerospace Ltd and several of Astro’s key shareholders whereby Astro has agreed to sell 100% of the equity of Horizon to the Purchasers in exchange for certain Astro public securities and a fract...
Agility has finalized its acquisition of UK-based John Menzies PLC and will combine the business with its National Aviation Services business to create a world leader in aviation services in 58 countries. Once integrated, the combined company will operate as Menzi...
American Airlines announced its investment inZeroAvia. In addition to the investment, a memorandum of understanding provides American the opportunity to order up to 100 engines from ZeroAvia’s hydrogen-electric powertrain development program. The engines are intended to power regional jet aircraft with zero emissions. Derek Kerr, American’s Chief Financial Officer, commented: &...
Skyports has completed the final close of its Series B capital raise with fresh investment from ST Engineering through its Corporate Venture Capital unit, ST Engineering Ventures. ST Engineering, which has over 45 years of experience in the aerospace industry, will join as the final investor in Skyports’ Series B funding round, following the first close in March this year. The...
Etihad Cargo announced record-breaking results for the first half of 2022, achieving year-on-year revenue growth of 6 per cent compared to H1 2021 and contributing 35 per cent of Etihad Aviation Group's operating revenue. In addition to recording an increase in overall revenue, Etihad Cargo maintained a strong Delivered as Promised rate of 86 per cent, a 2 per cent increase compared...
CubCrafters, the leading designer and manufacturer of Light-Sport, Experimental, and Part 23 Certified backcountry aircraft, announced at EAA annual AirVenture that it would invite outside investment for the first time in its 42-year history. In the first 48 hours since that announcement, over 1,000,000 shares of stock were reserved by potential investors excited for the CubCrafters Regu...
AeroVanti Air club has engaged Network1 Financial Securities Inc. to raise up to $9.75 million in a Series A fundraising round. The company believes this capital infusion will position the charter aviation club, which has experienced 20X growth since launching in June 2021, to continue to scale its operations, grow its fleet, and expand its destination offerings and flight availability t...
Universal Hydrogen announced that Avmax Aircraft Leasing placed a firm order to convert 20 regional aircraft to run on green hydrogen. Within this order, Avmax has the flexibility to select between Universal Hydrogen’s ATR 72-600 and Dash 8-300 conversion kits. Further, Universal Hydrogen will provide hydrogen fuel to power both Avmax’s leased and owned fleets. Avmax, a...
CDB Aviation signed a sale and leaseback agreement for two Airbus A320neo aircraft with a new customer in the Middle East, Kuwaiti carrier Jazeera Airways. The two neos will be configured with 174 economy class seats. The airline is expected to take delivery of the aircraft in September 2022. “We’re thrilled to welcome a new customer in a new jurisdiction for our comp...
Voyager Aviation Holdings signed a purchase agreement with a fellow blue chip aircraft leasing firm for seven young and in-production aircraft, all of which are on long-term leases with strong credit quality airlines. The assets include two Airbus A321-200s, two Boeing 737-800s, two Airbus A320-200 and one Boeing 787-8. The average age is ~8 years with an average remaining lease term...
CDB Aviation has agreed to lease two Airbus A320neo aircraft to the Irish flag carrier, Aer Lingus, for delivery during this summer season. The transaction marks the introduction of the first A320neo variant in the airline’s growing fleet. The aircraft, which are fitted with 186 seats in an all-economy layout, will be delivered to Aer Lingus in July 2022 and will become part of the...
Wingcopter has raised $42 million from renowned financial and strategic investors. The new funding is part of a Series A extension round, tripling the company’s total equity raise to more than $60 million to date. Leading German retailer REWE Group as well as German investors Salvia and XAI technologies came on board as new shareholders. They were joined by Japanese conglomerate ITOCHU and p...
Qatar Airways Group celebrates its milestone 25th Anniversary year of operation with its strongest financial performance reflected in its published annual report for 2021/22, 200 per cent above its highest annual historical profit. In the most difficult period ever in the global airline industry, the airline credits its positive results to its agility and successful strategy which conti...
Overair, announced its most recent funding of $145 million from Hanwha Systems and Hanwha Aerospace, global leaders in ultra-precision communications and aircraft technologies. With this new investment, Overair remains on track to fly its all-electric experimental prototype in the second half of 2023. Hanwha continued investment in Overair not only fuels the ongoing development...
08/09/2026
United Kingdom, London
10/09/2026
Latvia, Riga
Solairus Aviation announced an agreement to acquire the Aircraft Management and Charter divisions of Clay Lacy Aviation. Solairus currently manages approximately 360 aircraft from more than 100 b...
