50 SKY SHADES - World aviation news

Finance news

Featured by MySky

Latest Finance news

New State Aviation Holdings acquires Blackhawk Aerospace

New State Capital Partners announced that its general aviation-focused platform, New State Aviation Holdings, has acquired Blackhawk Aerospace. Blackhawk joins NS Aviation anchor aviation investment AVEX, a leading provider of sales and maintenance for the Daher TBM turboprop aircraft...

AerCap delivers two of six new Airbus A330neo aircraft to Condor

AerCap delivered two of six new Airbus A330-900neo aircraft to German leisure carrier, Condor. The remaining aircraft are scheduled to deliver in summer 2023 through 2024. On December 29 Condor A330neo with the registration D-ANRH arrived at Frankfurt Airport. It is already the s...


BNDES approval of $92.5 million line of credit to support Eve eVTOL development program

Eve got the approval by the executive board of Brazil National Development Bank to support Eve eVTOL development efforts with two distinct credit lines, totaling $92.5 million. Both credit lines are expected to offer beneficial terms and conditions to Eve with a 12-year maturity and amortization grace period. The financing is subject to the negotiation and execut...

EHang strategic partnership and investment with Qingdao West Coast New Area

EHang announced its strategic partnership with Qingdao West Coast New Area, one of China national new areas in Shandong province. This partnership comes with a binding US$10,000,000 equity investment and a potential additional investment of US$10,000,000 in the future. Through this strategic partnership, EHang plans to develop its AAV business and the UAM industry and market in Qing...

Focus on climate-neutral flying - OHB SE and AFK Enterprise agree to acquire stake in Deutsche Aircraft Holdings

OHB and AFK joint company DAH Beteiligungsgesellschaft mbH on Thursday, December 8th, signed an agreement to secure an important minority equity investment in Deutsche Aircraft Holdings, the sole owner of Deutsche Aircraft Group companies. The investment comes from a joint venture between aerospace company OHB SE and investment company AFK Enterprise AG and will propel development of new gree...

Blueberry Aviation completed remarketing of eleven ATR72-600 aircraft

Entering its 20th anniversary year, Blueberry Aviation has recently delivered the last of eleven ATR72-600s to US lessor Jetstream Aviation Capital. This delivery marks the completion of a repossession and remarketing project which started in 2021 following Avianca’s Chapter 11. Blueberry Aviation was mandated by the French and Italian Export Credit Agencies to support th...

Aviation Capital Group delivered A320neo to JetSMART

Aviation Capital Group announced the delivery of one new Airbus A320neo aircraft on long-term lease to JetSMART. This aircraft featuring Pratt & Whitney PW1127GA-JM engines, delivers from ACG’s orderbook with Airbus. Marine Benoit, ACG Vice President Marketing for the Latin American region, commented: “We are pleased to continue developing our partnership with JetSMART with...

Dronamics awarded 2.5 million Euros grant from the European Innovation Council for the roll-out of its cargo drone mobility solution

Dronamics has been awarded a €2.5 million grant by the European Commission under the prestigious European Innovation Council (EIC) Accelerator program. The EIC has also expressed a material commitment to support Dronamics’ upcoming Series A round. The grant will support the development and roll-out of Dronamics’ cargo drone fleet, the deployment of the first droneports in...

CDB Aviation leases six A320neos to Air India

CDB Aviation announced on the sidelines of Airline Economics Growth Frontiers Asia Pacific 2022 conference the signing of lease agreements for a fleet of six Airbus A320neo aircraft with Air India. CDB Aviation is among the first aircraft leasing companies to secure the placement of Air India’s additional A320neo aircraft under the recently announced multi-stage transformation...

VoltAero secures the first funding in its Series B round from the strategic industrial investor, TESI

VoltAero completed first tranche in its Series B financing, with Italy TESI becoming a strategic investor and industrial partner. The new funding round, which includes a €32 million capital raise, will cover certification and production launch of the first member in its electric-hybrid aircraft family, the Cassio 330. The Series B round marks the third funding phase for VoltAer...

Volocopter raises additional USD 182 million in second signing of Series E financing round

Volocopter has raised an additional USD 182 million in the second signing of its Series E funding round. NEOM – the Red Sea's smart, cognitive region project – and GLy Capital Management of Hong Kong have joined Volocopter's diverse investor base. This will carry the company beyond the certification of its electric passenger aircraft, the VoloCity air taxi....

Ampaire receives order from MONTE for up to 50 Eco Caravans

Ampaire received a firm order for 25 Eco Caravans from MONTE, a financier of sustainable regional aviation technologies. The agreement also includes an option for an additional 25 Eco Caravan order and codifies the parties’ Preferred Partner relationship.   MONTE’s Investment Director, Timothy Eyre, commented: “MONTE is looking to build a fleet of low emiss...

Flexjet to become a public company via business combination with Horizon Acquisition Corporation II

Flexjet and Horizon Acquisition Corporation II announced a definitive businesscombination agreement that will result in Flexjet becoming a publicly listed company. Upon the closing of the transaction, Flexjet is expected to be listed on the NYSE under the ticker symbol “FXJ”. Flexjet as a leader in the private aviation sector with a full breadth of market...

Pilatus acquires American sales and service centre Skytech Inc.

Founded in 1976, Skytech Inc. is a specialist service provider and aircraft vendor with two locations in the US states of Maryland and South Carolina. As part of an upcoming succession plan, Pilatus has decided to take over Skytech, and the entire workforce of 120 or so will continue to be employed by the Swiss aircraft manufacturer. Skytech has operated as a Pilatus independent authorised sale...

Upcoming events

Aircraft Interiors Expo 2024

28/05/2024 - 30/05/2024
Germany, Hamburg

EBACE 2024

28/05/2024 - 30/05/2024
Switzerland, Geneva

Essential news

Embraer plans to invest USD$390 million and create another 900 direct jobs this year in Brazil

Embraer announced its plan to invest approximately USD$390 million and hire 900 additional employees in the current year. The announcement was made during the visit of the President of Brazil, Luiz In...

iOS Apps development in Riga, Latvia The drones news

Top of the week

Airbus signs order with LCI and SMFL for 21 latest generation helicopters

Airbus Helicopters, LCI and Sumitomo Mitsui Finance and SMFL announced an order for up to 21 of the latest generation helicopters.  The major new order from LCI and SMFL’s joint v...