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JEKTA signs first lessor deal with Solyu for 30 PHA-ZE 100 aircraft

Brisbane includes Advanced Air Mobility in transport planning for the Brisbane 2032 Olympic and Paralympic Games

In a report released this week, The Race to Gold – Brisbane’s Games Transport Legacy” the City of Brisbane announced a wide-ranging transport development plan to prepare for the transport needs of the city for the Olympic Games and beyond. This comprehensive plan included nume...

LCI to support Torres Strait islander healthcare with two new AW139 helicopters

LCI delivered two new Leonardo AW139 helicopters to Babcock Australasia for emergency medical services operations across the Torres Strait and the Northern Peninsula of Queensland, Australia. The helicopters, which were delivered to Australia to begin modification for their EMS role in lat...

Archer closes PIPE as part of $230M in capital raised since end of Q2

Archer Aviation has now closed on $220M of this $230M of additional capital raised since the end of Q2, with $10M remaining in the form of a committed investment from Stellantis that remains subject to shareholder approval which is expected to occur later this year. When combined with the $360M of cash on hand at the end of Q2’24, Archer now maintains one of the strongest liquidity posi...

LCI closes multi-helicopter lease placement with Santos and Pacific Helicopters

LCI has placed two H145D3 helicopters on lease, one direct to Santos Limited and one to Pacific Helicopters. The placement with Santos represents LCI’s first ever direct lease to an end-user. Santos is a global energy company with operations across Australia, Papua New Guinea, Timor-Leste and the US.  PHL is the leading provider of helicopter services for energy, min...

CDB Aviation delivers first of two A320neo aircraft to Beibu Gulf Airlines

CDB Aviation delivered first of two Airbus A320-200neo aircraft on lease to a new Chinese airline customer, Nanning-based Guangxi Beibu Gulf Airlines. The first LEAP-1A26 engine-equipped aircraft was delivered to the HNA Group-affiliated subsidiary in July 2024, with the second aircraft anticipated to be received by the carrier in September 2024. With the addition of CDB Aviation’s two...

Airbus partners with Avolon to explore future of hydrogen aviation

Airbus announced a new partnership with aircraft lessor, Avolon, to study the potential of hydrogen-powered aircraft, marking the very first collaboration of the ZEROe Project with an operating lessor. Announced at Farnborough Airshow, Airbus and Avolon will investigate how future hydrogen-powered aircraft could be financed and commercialised, and how they might be supported by the leasi...

BNDES finances the export of 32 Embraer E175 jets to American Airlines

The Brazilian National Bank for Economic and Social Development concluded the financing contract for the export of 32 Embraer E175 commercial jets to American Airlines. The operation, worth around R$4.5 billion, takes place through BNDES Exim Post-shipment, a direct credit line from the Bank to commercialization of national goods destined for export. The announcement was made in a ceremony at...

Blueberry Aviation places four ATR72-600s

Blueberry Aviation announced successful delivered four ATR72-600s to ACIA Aero Leasing. This delivery is part of a repossession and remarketing project assigned to Blueberry Aviation, involving a formerly NAC-owned fleet of 10xATR72-600 which were operated by Garuda. Blueberry Aviation was mandated by the French and Italian Export Credit Agencies to support the negotiation with the airli...

Aviation Capital Group grows Boeing 737 MAX portfolio with order for 35 jets

Boeing and Aviation Capital Group announced the airplane lessor has finalized an order for 35 737 MAX jets, including 16 737-8 and 19 of the larger 737-10 variant. Following an incremental 737 MAX order last year, this new purchase increases ACG's 737 MAX commitment to 82 orders as ACG grows its portfolio to meet customer demand for fuel-efficient airplanes. The 737-8 can car...

CDB Aviation leases three A320neo aircraft to Colorful Guizhou Airlines

CDB Aviation announced the delivery of the first of three Airbus A320neo aircraft to a new Chinese airline customer, Colorful Guizhou Airlines.The Guiyang-based carrier received the A320-251N aircraft during a delivery ceremony held in Tianjin, China, which coincided with the ninth anniversary of the airline’s establishment. The aircraft is configured with four business and 168 economy class...

Eve Air Mobility announced $94M new equity to support eVTOL development

Eve Air Mobility announced $94M in new equity financing from multiple investors. The funding, which includes the issuance of new shares of common stock and warrants, includes participation from a diverse group of global industrial companies that include Embraer, Nidec and additional financial investors. New funding strongly positions the company for future success and will support the continu...

Stellantis invests additional $55 million in Archer following recent flight test milestone

Archer has received an additional $55 million investment from Stellantis under the companies’ strategic funding agreement following the achievement of its transition flight test milestone last month. This latest investment builds on Stellantis’ series of open market purchases of 8.3 million shares of Archer’s stock in March of this year that was previously announced. During...

American Airlines commits to conditional purchase of 100 ZeroAvia hydrogen-powered engines, increases investment in hydrogen-electric innovator

American Airlines  has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight emissions save for water vapor. In addition, American has increased its investment in ZeroAvia. American made its first investment in ZeroAvia in 2022 and has also now participated in the c...

XTI Aerospace signs capital distribution agreement for proposed investment of up to $55 million at $275 million valuation

XTI Aerospace has entered into an agreement with FC Imperial Limited, an affiliate of a private global investment consortium, FinExic Concordia Group, for a proposed strategic equity investment for shares of convertible preferred stock of up to $55 million (the “Maximum Amount”) at a post-money valuation of $275 million, with the successful consummation of the entire transact...

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AerCap orders 100 additional Airbus A320neo family aircraft

AerCap has signed a firm order with  Airbus for 23 A320neo and 77 A321neo aircraft. This transaction underscores AirCap’s strategy of investing in the world's most in-demand, fuel-effic...

iOS Apps development in Riga, Latvia

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MTU Maintenance Lease Services invests in TRecs to digitalise engine transition management

MTU Maintenance Lease Services, the engine leasing and asset management arm of MTU Maintenance, announced a strategic minority investment in TRecs . TRecs is a platform digitalising Open Ite...

WingsLeasing signs dry lease agreement with University of Nebraska-Kearney flight school

WingsLeasing announced the signing of a dry lease agreement of seven Tecnam P-MENTOR aircraft for the University of Nebraska-Kearney flight training program, marking a significant step forward in resh...

Emirates breaks ground on US$ 5.1 billion ultra-modern engineering facility at Dubai South

Emirates has broken ground on its new US$ 5.1 billion engineering complex at Dubai South slated to become the world’s most modern and advanced MRO facility, cementing Emirates' and Duba...

AURA AERO scales up: Series B completed, first firm orders, and two industrial sites to be built in France and the U.S.

AURA AERO is entering a new phase. Thanks to a new €50 million funding round, grants secured in France and Europe, and financial support from the State of Florida for its U.S. plant, AURA AERO ha...

Aviation Capital Group orders 50 Boeing 737 MAX aircraft

Boeing and Aviation Capital Group LLC announced the airplane lessor has placed a new order for 50 737 MAX jets, including 25 737-8 and 25 737-10 airplanes. The acquisition of 50 additional jets i...

AerCap orders 100 additional Airbus A320neo family aircraft

AerCap has signed a firm order with  Airbus for 23 A320neo and 77 A321neo aircraft. This transaction underscores AirCap’s strategy of investing in the world's most in-demand, fuel-effic...

Vertical Aerospace insiders increase their shareholding in EVTL by 50% in November

16 members of Vertical Aerospace Board of Directors and senior leadership team completed open-market purchases of the Company’s ordinary shares over a two-week open trading window period in Nove...