50 SKY SHADES - World aviation news

Finance news

Featured by MySky

Latest Finance news

CDB Aviation delivers first of two 737-800 aircraft to Sun Country

CDB Aviation delivered the first of two Boeing 737-800 aircraft to Sun Country, a Minnesota-based, hybrid low-cost airline. “We’re delighted to have partnered with our colleagues at Sun Country on executing this transaction for two Boeing aircraft from our portfolio, which will facili...

45,000 more-fuel-efficient aircraft, worth US$2.9 trillion, predicted to be delivered by 2040

The new 2021 Cirium Fleet Forecast reveals that US$2.9 trillion is expected to be spent on approximately 45,000 new and more-fuel-efficient aircraft over the next 20 years. Published by Ascend by Cirium, the fleet forecast predicts that 20-year aircraft deliveries globally by 2040 will be...


Latin-American business aviation specialist SYNERJET became new investor for Wingcopter

Wingcopter has secured its next investment. The capital influx comes from SYNERJET Corp., a business aviation specialist in Latin America, with operations in Brazil, Colombia, Ecuador, Chile, Panama, and Guatemala. The new funding follows recently announced investments from Japan-based DRONE FUND as well as UBER co-founder Garrett Camp’s Expa. SYNERJET has made the investment shortly afte...

CDB Aviation international aircraft lease agreements for Five A320neo Aircraft with Avianca

CDB Aviation signined an international aircraft lease agreements with Colombia’s flag carrier Avianca for a fleet of five Airbus A320neo aircraft. With deliveries from the lessor’s order book planned for 2022 and 2023, the aircraft are leased on a long-term basis and configured with three different seat types: Premium, Plus, and Economy. “We are deligh...

Air France-KLM has redeemed 500 million euros of the outstanding 4 billion euros bank loan guaranteed by the French State

Air France-KLM has redeemed 500 million euros of the outstanding 4 billion euros bank loan guaranteed by the French State (the “PGE”) and negotiated a revision of the redemption profile with a maturity extended from May 6, 2023 to May 6, 2025 Following early signs of a recovery of the worldwide air traffic, combined with an improved access to capital markets, Air France-KLM has...

Wingcopter receives Investment from Japan-based DRONE FUND

Wingcopter continues to fly high, announcing that it has received an investment from DRONE FUND. DRONE FUND is a Japan-based venture capital company specializing in drone- and air mobility-related startups. The investment is made out of DRONE FUND’s JPY 10 billion/USD 90 million strong third fund, called DRONE FUND III (officially DRONE FUND III Investment Limited Partnership), and...

AutoFlight lands $100M investment in Series A funding

AutoFlight, a global electric vertical take-off and landing startup specializing in developing and manufacturing autonomous aerial vehicles, announces a $100M (USD) Series A investment by European technology-investor Lukasz Gadowski and his company, Team Global. The capital from the financing will be used for international expansion as well as scaling cargo eVTOL production for...

Kuwait International Aircraft Leasing purchases Bell 429 to boost Ministry of Health Emergency capabilities

Bell Textron Inc.,announced the sale of a Bell 429 helicopter in Kuwait to Kuwait International Aircraft Leasing (KIAL) to be used by the Ministry of Health (MOH) for Helicopter Emergency Medical Services (HEMS). This marks the third 429 HEMS sale in the country. The aircraft is expected to be delivered in August 2022. KIAL and Bell representatives gathered at the Dubai Air Show to celebrate...

MTU Maintenance Lease Services B.V. now a full MTU subsidiary

MTU Aero Engines has purchased a 20 percent share of MTU Maintenance Lease Services B.V. from Sumitomo Corporation, making the company from Amsterdam a 100 percent subsidiary of MTU. MTU has also sold its 10 percent share in SMBC Aero Engine Lease B.V. to Sumitomo Corporation. Both companies will continue to maintain their close collaboration. The move will unlock the full potential o...

ZURI secures €2,4M to finance further development of its hybrid VTOL aircraft

ZURI closed a successful investment round with €2,4M of total raised funds. ZURI, which has been developing hybrid VTOL aviation technology aimed at regional passenger and cargo transportation since 2017, has closed a successful round of funding. With the newly raised funding of €1.3M, ZURI has raised a total investment of €2.4M to date. The funding is primarily intended to...

Middle East commercial jet & services market - Boeing forecasts valued at more than $1.4 Trillion

Boeing said that airlines in the Middle East will require 3,000 new airplanes valued at $700 billion and aftermarket services such as maintenance and repair worth $740 billion, with the region positioned to capitalize on the recovery of regional and international travel and cargo demand. Boeing provided the estimate in its 2021 Commercial Market Outlook (CMO), a forecast of 20-year demand for comm...

Boeing forecasts Africa 20-year commercial aviation market opportunity valued at nearly $400 Billion

Boeing forecasts that African airlines will require 1,030 new airplanes by 2040 valued at $160 billion and aftermarket services such as manufacturing and repair worth $235 billion, enabling growth for air travel and economies across the continent. Boeing shared the projection as part of the 2021 Commercial Market Outlook (CMO), the company’s long-term assessment of demand for commercial...

LCI delivered two AW139 helicopters to Heligo

LCI has placed two Leonardo AW139 helicopters on long-term operating leases with its newest customer, Heligo Charters Pvt. Ltd. The state-of-the-art aircraft were recently delivered to Heligo’s base at Juhu Airport in Mumbai, from where they will provide crew transfer services for India’s largest energy company, ONGC.  Nigel Leishman, Executive Vice President &am...

eVTOL ride sharing business in Japan - Japan Airlines & Avolon

Avolon and Japan Airlines announced a partnership to commercialize zero-emissions eVTOL aircraft in Japan.  Avolon, through its investment and innovation affiliate Avolon-e, has formed a strategic partnership with JAL to identify and target local partners and customers, infrastructure requirements, certification, and a range of commercial models to introduce one of the world’s firs...

Upcoming events

Farnborough International Airshow 2022

18/07/2022 - 22/07/2022
United Kingdom, Farnborough

HELITECH EXPO 2022

07/09/2022 - 09/09/2022
United Kingdom, London

The drones news

Top of the week

CDB Aviation leases two A320neo aircraft to Aer Lingus

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 A32...

Electra acquires Airflow to create a leader in Advanced Air Mobility

Electra.aero has acquired California-based Airflow.aero Inc. The transaction, which closed on June 2, creates a powerful addition to the rapidly emerging advanced air mobility (AAM...

Qatar Airways Group announced record profit in its 25 year history of US$ 1.54 Billion

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 i...

Wingcopter scores $42M, bringing on board new strategic investors to expand beyond medical drone deliveries

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 $...

Overair receives $145 million investment from Hanwha Group to develop all-electric VTOL aircraft

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...

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 capa...

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...