XO gives an overview of its performance for the first half of 2022 as it continues to propel the industry forward, leading to an exceptional first six months across key metrics. Since its inception in 2019, XO has modernized a legacy industry by introducing a data-driven approach to deliver the advantages of flying private for all — making private aviation more accessible, efficien...
Western Maricopa Education Center is preparing students to enter the aviation industry with high-value credentials. In 2021, 13 out of 26 West-MEC's high school aviation program students were able to head straight into the workforce after completing the program for directly related employment in the aviation industry. Careers can be secured in manufacturing, airlines, hangars, airfie...
CHC Group LLC announce a comprehensive recapitalization transaction to significantly reduce its funded debt obligations by up to $500 million subject to regulatory approvals. As part of the recapitalization, a substantial portion of CHC’s existing debt and equity holders agreed to provide over $100 million in new money and liquidity enhancing commitments, consisting of $60 million in an init...
A steady surge of growth throughout the second quarter has propelled Dubai International’s (DXB) half yearly traffic to 27.9 million passengers, just 1.2 million shy of the airport’s total annual traffic last year. DXB achieved the milestone despite a significant reduction in capacity resulting from the 45-day closure of its northern runway in May-June for a major refurbishment project...
Aero Technologies announced a $65M capital raise, $50M in Series B funding and $15M in convertible notes, for a total post-money valuation of $300M. The funding round was co-led by AlbaCore Capital Group, one of Europe’s leading alternative investment firms, and returning investors Expa and Keyframe Capital, with new investment from Capital One Ventures. Inspired by the golden age of...
ST Engineering Commercial Aerospace business will expand its MRO solutions for the LEAP-1B engine with test cell support, which is expected to be ready by end-2023. The expansion into LEAP-1B test cell capability follows the setting up of quick-turn services for the engine in February this year, and the receipt of approval from EASA, FAA and CAAC. ST Engineering will work with testing and techn...
Emirates has kick-started its plans to upgrade the entire interior cabins of 120 Airbus A380 and Boeing 777 aircraft – two of the largest commercial aircraft types in service today.This ambitious project, representing a multi-billion dollar investment to ensure Emirates’ customers “fly better” for the coming years, officially commences in November and is managed entirely by...
Flexjet will showcase a Sikorsky S-76 from its new private helicopter division on the golf course at The Quail, a Motorsports Gathering. Flexjet aircraft owners will receive complimentary invitations to the garden party at the Quail Lodge & Golf Club on August 19th, as well as the Pebble Beach Concours d’Elegance on August 21st during Monterey Car Week. Flexje...
Following the ceremonial handover of the first aircraft in June at ILA Berlin, Lufthansa Technik also delivered the second Airbus A321LR (Long Range) to the German Air Force with a transfer flight from Hamburg to Cologne-Bonn. Like its sister aircraft already in service with the tactical registration 15+10, the new 15+11 will now also be available to the German Air Force for troop transport and pa...
DHL Express has welcomed the arrival of its new Boeing 777 freighter at Singapore Changi Airport. The freighter, which sports a dual DHL-Singapore Airlines livery, has a maximum capacity of 102 tonnes. SIA will operate it on routes to the United States of America via South Korea thrice weekly from August 2022. Mr Robert Hyslop, Executive Vice President for Aviation, DHL Express, c...
EVFLY, an air fleet management and air transport organisation company, aims to enable the greatest number of people to travel without constraint, at an affordable cost and in complete safety while being respectful of the environment.Supported by a panel of industry-specialists and advisors, EVFLY has the best foundation to become an important actor in the eVTOL industry. Yannick Erbs, founder a...
In response to the way the industry is progressing, the organisers of EUROPEAN ROTORS recognise the importance of workforce development, and have made strategic decisions to ensure the subject is central to the event. It is most important that we have suitably-skilled and well-educated people needed in every successful VTOL business. To meet that demand, EUROPEAN ROTORS has sch...
Qantas Group will train pilots at a new purpose-built centre in Sydney across its current and future fleet including the aircraft that will operate non-stop flights from the east coast of Australia to London and New York. A new multi-million-dollar facility is proposed for St Peters near Sydney Airport and would provide training for up to 4,500 new and current Qantas and Jetstar pilots and ca...
4AIR has launched a General Aviation Program to enable private pilots to offset the impact of their own flight activities. Similar to the program for other aviation stakeholders such as business jet travel providers, brokers and flight departments, it offers an easy, turnkey solution so that private pilots can fly confidently knowing that the impact of their flights on the environment ha...
Aspire MRO launched a widebody MRO and Passenger-to-Freighter conversion services. Founded by experienced MRO executives, Aspire will operate six bays available for heavy widebody maintenance and B777 Passenger-to-Freighter conversions at the former American Airlines maintenance facility located at Fort Worth Alliance Airport in Fort Worth, Texas. The Company is backed by investment funds man...
Bell Textron Inc.signed purchase agreement by San Bernardino County Sheriff’s Department for a SUBARU BELL 412EPX. The Emergency Operations Division will utilize the SUBARU BELL 412EPX for critical missions in San Bernadino as well as provide mutual aid assistance to neighboring counties in Southern California. Lane Evans, managing director, North America, commented: “Thi...
American Airlines to purchase up to Boom Supersonic 20 Overture aircraft, with an option for an additional 40. American has paid a non-refundable deposit on the initial 20 aircraft. Overture is expected to carry passengers at twice the speed of today's fastest commercial aircraft. Boom Supersonic's Overture would introduce an important new speed advantage to American's fleet, w...
Jet Token Inc. announced it has entered into a $40 million investment commitment from GEM Global Yield LLC SCS, the $3.4 Billion, Luxembourg based, private alternative investment group with offices in Paris, Nassau, New York, and Los Angeles. Under the share subscription facility, Jet Token Inc. will have the right to periodically sell to GEM up to $40 million of common stock during a 36-mont...
IATA launched AVSEC Insight online platform offering users a comprehensive range of timely, open-source, information to aid in identifying potential security risks and threats to their operations and businesses. Matthew Vaughan, IATA’s Director Aviation Security and Cyber, commented : “Monitoring risks is both difficult and time-consuming, particularly for airlin...
The SL3710 seat from Recaro Aircraft Seating took flight on JetSMART’s A321neo for the first time today, August 15. Servicing short-haul passengers, the new Airbus aircraft features 240 pax of the Recaro economy class seats. In total, 11,000 SL3710 seats will be installed on JetSMART’s Airbus aircraft over the next five years. This order is a part of the larger Indigo Partners dea...
Cranfield Aerospace Solutions has secured investment from the Strategic Development Fund, the investment arm of the Tawazun Economic Council of the UAE, and Motus Ventures, taking the current investment round to £14.4million. CAeS is a pioneer in aerospace design and the manufacture of new aircraft design concepts, complex modifications to existing aircraft and integration of cutting-edge...
