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Natilus and MONTE partners to offer leasing of Kona regional blended-wing-body aircraft

TCab Tech closes Series A financing with additional 20 million USD

TCab Tech announces it has raised an additional 20 million USD in its Series A financing. The exclusive investment comes from a strategic investment fund which plans to introduce the air-taxi application in the Middle East region. TCab passenger-carrying E20 eVTOL is a tilt-...

Abelo expands fleet with acquisition of four ATR72-600 aircraft and welcomes IndiGo as a new partner

Abelo announced the acquisition of four ATR72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India low-cost carrier, IndiGo.This new partnership with IndiG...

Britten Norman secures new investment

Britten Norman has secured new investment from a group of investors led by 4D Capital Partners LLP (“4D”), a Private Equity firm that focuses on operational improvement and business transformation. The new investors are making funds available to Britten-Norman to fund working capital and to drive successful long-term growth. Britten-Norman Chief Executive, William Hynett OBE, commen...

Rolls-Royce announces investment in large engine assembly, test and shop visit capacity

Rolls-Royce is investing in its assembly, test and shop visit capacity in the UK and Germany to address growing long-term demand for new civil large engines and improve customer aftermarket support services for its global Trent fleet. As outlined at last year’ Capital Markets Day, Rolls-Royce expects an annual increase of 7 - 9% of Rolls-Royce powered aircraft in service for the re...

GE Aerospace to invest over $650M in manufacturing facilities, supply chain in 2024

GE Aerospace announced plans to invest $650 million in its manufacturing facilities and supply chain this year to increase production and strengthen quality to better support its commercial and defense customers. H. Lawrence Culp, Jr., Chairman and CEO of GE and CEO of GE Aerospace, commented: “As GE Aerospace prepares to become a standalone company this spring, we are making signi...

Airbus Helicopters and SKYCO Leasing sign for six H175 helicopters

Airbus Helicopters and SKYCO International Financial Leasing, a state-owned enterprise belonging to China's Guangdong Province, have signed a contract for six H175 helicopters. Entrusted by the Guangdong Provincial Government, SKYCO Leasing is in charge of leading the aviation industry development in the province. The versatile H175 helicopters acquired by SKYCO Leasing will be deplo...

Pipistrel Velis Electro serial number 100 enters service

Pipistrel announced completed production of its 100th Velis Electro, world’s first type-certified electric aircraft, marking a significant milestone.Velis Electro serial number 100 has been delivered to valued customer Green Aerolease, French sustainable aircraft rental business with ambitions to accelerate the environmental transition of the aviation industry across Euro...

Elixir Aircraft closes financing for the next 5 years with a budget of 40 Millions euros

Elixir Aircraft has finalized its capital financing of 40 million euros over the next five years. The financing was completed by raising funds from several investors, including Innovacom, Bpifrance and the Nouvelle-Aquitaine Region. These funds will be allocated to the construction of a new factory in La Rochelle, as well as to the recruitment of personnel to expedite delivery rates. The airc...

Financial year 2023 a superlative one for Pilatus Aircraft

The 2023 financial year was marked by major successes for Pilatus. Thanks to high, unbroken demand, 148 aircraft were delivered despite the ongoing challenges of the operating environment. With total sales of 1.478 billion Swiss francs, operating income of 240 million Swiss francs and new orders worth 1.513 billion Swiss francs, Pilatus closed the past year with record results. Hansueli Loosli,...

Safran invests in Avnos, at the forefront of innovation in CO2 capture

Safran, through Safran Corporate Ventures, has invested in Avnos Inc., a California-based startup specializing in CO2 capture from ambient air in a process called Direct Air Capture. The other investors in this funding round are NextEra Energy Resources, LLC, Shell Ventures, ConocoPhillips, Jet Blue Ventures, Envisioning Partners and Rusheen Capital Management. Direct Air Capture is a vi...

Green Aerolease expands its electric aircraft rental offer with new-generation thermal aircraft

Green Aerolease, Europe leading electric aircraft rental company, is extending its offer to include low-consumption thermal-powered flight training aircraft (-50% compared with historical aircraft). Residual CO2 emissions are offset by the use of electric aircraft (via the Aero4Good association). This allows flight clubs and professional flight schools to offer a 0 net emission flig...

Visionary eVTOL influencers seek joint venture partner for wingless personal aircraft using NASA-proven propulsion

The planned joint-venture in Urban Air Mobility space will complete current development work on the Epiphany Transporter, which has recently achieved crucial preliminary design review, then certify the aircraft under the FAA's new and friendlier Light Sport Aircraft category. In lieu of long, burdensome wings, the compact advanced, door-to-door vehicle configuration vaunts morph...

AVOLON: lessor orderbooks to be in high demand

The value of new aircraft deliveries is expected to rise by over 15% to c.US$100 billion in 2024, according to a paper published today by Avolon, a leading global aviation finance company. The delivery of over 1,450 new large commercial aircraft will help drive airlines’ passenger revenues up 12% to US$717 billion. Airlines’ net profit is projected to rise by 10% to US$26 billion. ...

flyExclusive announced $25 million strategic investment from ETG FE

flyExclusive announced the execution of a two-year revolving credit facility for up to $25.8 million with ETG FE LLC, an investment vehicle managed by EnTrust Global. As part of its strategic initiatives to accelerate operational excellence, grow the business, and execute its strategic plan to become the nation’s first fully vertically integrated private aviation company, flyExclus...

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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...

IADA White Paper of insights from leading aircraft finance experts

For decades, financing a business aircraft was often viewed as a relatively straightforward exercise. A buyer identified an aircraft, selected a lender, negotiated terms and completed the transaction....