Avianor announces the official launch of the construction of its Center of Excellence for A220 aircraft at Montreal-Mirabel International Airport (YMX). Scheduled to open in autumn 2024, the Center of Excellence represents an investment of over $70 million in state-of-the-art infrastructur...
Airbus Ventures announces its investment in Venus Aerospace, a Houston-based hypersonic startup enabling cost-effective one-hour global transport. Joining Venus’ team of investors, Airbus Ventures will support the team in their next phase of flight-redefining growth.Venus has been awarded cont...
Avolon published its World Fleet Forecast – Return to Growth – projecting trends in the commercial passenger aviation fleet out to 2042. It forecasts the fleet will almost double by 2042, growing 94% to 46,880 aircraft, underpinned by sustained growth in demand for air travel, building on the rapid recovery experienced since the pandemic. Avolon estimates...
LifeFlight will build a new helicopter and jet base on the Sunshine Coast, following the announcement of more than $586 million in additional Government funding over the next ten years, for the state-wide aeromedical service. The record funding arrangement gives certainty to Queenslanders that for the next decade, the vital search, rescue and aeromedical services provided by LifeFlight will c...
VoltAero funding for the development of its Cassio 330 electric-hybrid aircraft has further increased with a €5.6 million grant from the French government via BPI France. The financing was made available through the “France 2030” investment plan, which was established by the French government with the goal of sustainably transforming key sectors of the country’s ec...
Kawasaki Motors became VoltAero strategic investor, joining Series B funding for the development, production and certification of VoltAero Cassio electric-hybrid aircraft family.This investment marks Cassio program latest milestone, uniting VoltAero and Kawasaki in a shared vision for the future of electric aviation.The Series B round marks the third funding phase for Volt...
Embraer and Azorra announced a new eight aircraft deal with Royal Jordanian Airlines. The agreement will see the introduction of both the E190-E2 and E195-E2 to the airline’s fleet. Aircraft deliveries are expected to begin in Q4 2023. The agreement covers eight commercial aircraft, four E190-E2 and four E195-E2, with a list price value of $635M. Six aircraft, four E190-E2 and two E195-...
CDB Aviation re-delivered China first-ever converted Airbus A330-300 Passenger to Freighter aircraft on lease to its customer, Sichuan Airlines. The A330 was converted by Elbe Flugzeugwerke GmbH with Shanghai Technologies Aerospace Company Limited ("STARCO") at its facilities in Shanghai Pudong, concluding EFW’s first-ever A330 P2F conversion to have taken...
airBaltic has started year 2023 with positive key business indicators. airBaltic has achieved EUR 105.1 million revenue, which is by 75% more than in 2022, as well as the highest ever recorded revenue in the first quarter of a year in the airline’s history. Notably, the number of carried passengers soared by 77%, compared to the first quarter of 2022. The load factor reached 7...
The European Investment Bank will provide a €40 million quasi-equity investment into Wingcopter GmbH. Founded in 2017 in the German state of Hesse, Wingcopter’s electrically powered unmanned aircraft are already delivering goods as part of several small-scale commercial and humanitarian projects. For example, in Malawi, a joint project with UNICEF and Gesellschaft für Internat...
CDB Aviation released its inaugural sustainability report, entitled 'Rising to the Challenge'. In 2022, CDB Aviation formed a Sustainability Working Group, which was tasked with developing a comprehensive new sustainability strategy, bringing together the lessor’s activities across the areas of Environmental, Social and Governance and defining clear actions the company...
CDB Aviation announced the delivery of the first of two A321neo aircraft fitted with Airbus’ Cabin Flex (“A321NX”) to its long-standing customer, Volaris. The delivery is part of the lease agreements signed with the airline in 2021, which forms part of the 13 total number of CDB Aviation aircraft on lease to Volaris. The carrier is expected to take delivery of the second A32...
A combination of YOY boosts to charter flight volumes and group revenue, coupled with an already busy schedule of summer leases and increased consulting activity, sees a solid start to the year across the board for ACC Aviation. Last year was make or break for many in the aviation business - with aircraft and staffing capacity issues meeting renewed travel demand. At the same t...
Lilium announced a capital raise for up to $250 million, with $100 million funded at close. A Form 6-K has been filed by the Company with the Securities and Exchange Commission on May 1, 2023. This capital raise enables Lilium to continue the development of its Lilium Jet at full pace and would cover most of the estimated capital required to achieve first manned flight of the type-conforming...
01/10/2024 - 03/10/2024
Morocco, Marrakech
03/10/2024
Latvia, Riga
Elixir Aircraft has signed a contract for the operation of five Elixir by Leading Edge Aviation, a training centre based in the UK and Spain, which has confirmed its intention to renew its fleet with...
