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Zero-emission aircraft leasing - ZeroAvia & MONTE to jointly market hydrogen-electric aircraft to regional operators

ZeoAvia has signed an agreement with MONTE Aircraft Leasing, partners will offer aircraft leasing and financing solutions that enable operators to run zero-emission flights. Under the deal, MONTE will purchase up to 100 ZA600 powertrains to be installed on existing and new Cessna Caravan, DHC-6...

BRV China-backed eVTOL start-up Zerog closes nearly RMB10 Million seed round

Zerog, a Chinese eVTOL aircraft developer, recently completed a nearly RMB10 million (USD1.48 million) seed round with BlueRun Ventures China as the sole investor. The financing closes as the Nanjing-based start-up unveils ZG-ONE, its pioneering eVTOL aircraft product f...


Surf Air Mobility signs definitive $1.42 Billion merger agreement with Southern Airways Corporation

Surf Air Mobility has entered into a definitive agreement, subject to closing conditions and regulatory approval, which will result in a merger with Southern Airways Corporation, parent company of one of America’s largest commuter airlines. Southern Airways serves 39 cities across the Mid-Atlantic, Gulf South, Rocky Mountains, West Coast, New England, Hawaii, and soon the Far Pacific. T...

REGENT announced a strategic investment from Hawaiian Airlines

REGENT announced that Hawaiian Airlines has agreed to strategically invest in the company to support the initial design of its next generation 100-person capacity all-electric seaglider known as the Monarch. With this investment, Hawaiian Airlines becomes REGENT’s first U.S.-based design partner for the Monarch, which is slated for entry into commercial service by 2028. “Innovative...

flydubai records exceptional performance in the Q1 of 2022 and prepares for a busy summer

flydubai has recorded an exceptional performance in the First Quarter of 2022, building on the momentum from the tremendous performance in 2021. The carrier’s growing network and added capacity on its existing routes have been supported by new aircraft deliveries since the start of the year. Ghaith Al Ghaith, Chief Executive Officer at flydubai, commented: “Dubai has demonstrat...

FACC records significant growth in Q1 2022

FACC AG closed the first quarter of 2022 as planned with a 7.9% increase in sales compared to the previous year. The reason for this positive development is the favorable order situation for short- and medium-haul aircraft as well as orders in the business jet segment. EBIT is positive at + 3 million EUR, which is also due to the measures to reduce costs and increase efficiency that have already t...

Bristow Group to acquire British International Helicopter Services

Bristow Group announced its plans to acquire British International Helicopter Services Limited, further enhancing its leading global Government Services business. Bristow will continue to build upon BIH's strong relationships established through a longstanding history of serving both military and civilian markets. Bristow expects to realize efficiencies by leveraging its scale to continue...

LCI commits to order up to 125 BETA Technologies eVTOL aircraft

LCI has signed an agreement with BETA Technologies, developer of a fully integrated electric aviation system, to acquire up to 125 of the company’s eVTOL aircraft. LCI’s commitment for BETA’s ALIA-250 eVTOL aircraft will enable the company to sustainably support operations across the globe. Under the terms of the deposit-backed agreement, LCI will initially ac...

Nordic Aviation Capital achieves confirmation of reorganization plan

Nordic Aviation Capital announced that the U.S. Bankruptcy Court for the Eastern District of Virginia has confirmed the Company’s Plan of Reorganization, which should enable the Company to emerge from Chapter 11 before the end of May. The Plan was approved by the Court with the consent of the Company’s existing equity holders and over 99% of voting creditors voting in favor o...

AviaAM Leasing acquires Boeing 737-800 for Passenger-to-Freighter conversion

AviaAM Leasing continues its Passenger-to-Freighter (P2F) conversion project, acquiring one more Boeing 737-800. Since the beginning of AviaAM Leasing’s Passenger-to-Freighter (P2F) conversion project in March 2021, when the first Boeing 737-800 was acquired, the company has been successfully expanding the list of their assets. Now one more Boeing 737-800 aircraft has been purchase...

RECARO reports 2021 revenue, highlights growth & innovation outlook

Global seating company Recaro reports its 2021 revenue and sets its sights on growth and innovation outlook with a double digit growth for 2022. The Recaro Group with its business fields employs globally 2,200 people at Recaro Holding, Recaro Aircraft Seating and Recaro Gaming. All three companies are headquartered in Germany. Revenue for Recaro in 2021 almost reached 270 € million. Despit...

Pilatus ends 2021 financial year flying high

The 2021 financial year was extremely successful for Pilatus, but also challenging. Despite the difficult circumstances, a new production record of 152 aircraft deliveries was set. Sales of 1.3 billion Swiss francs, an operating result of 210 million and incoming orders worth 1.7 billion francs are a very good result. The Board of Directors also underwent a change and a reinforcement. Pilatus a...

BOC Aviation orders 80 A320neo family

Global aircraft operating lessor BOC Aviation has signed a firm order for 80 A320neo family aircraft comprising 10 A321XLR, 50 A321neo and 20 A320neo. The latest agreement takes BOC Aviation’s total direct orders with Airbus to 453 aircraft from the single aisle A320 Family to the A330 and A350 widebodies.  “We are proud to continue our long-standing relationship with Airb...

CDB Aviation signed new sale and leaseback agreement with Volaris for five Airbus aircraft

CDB Aviation entered into a new sale and leaseback agreement with its existing customer, Volaris (“Controladora Vuela Compañía de Aviación, S.A.B. de C.V.”), for a fleet of five Airbus aircraft, encompassing two A320neos and three A321neos. The new agreement brings the number of CDB Aviation aircraft on lease to Volaris to a total of thirteen aircraft, whic...

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Solairus to acquire Clay Lacy’s aircraft management & charter divisions, expanding its scale in private aviation asset management & services

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...