Volocopter announced the signing of their Series D funding round today, raising €200 million in additional capital. Cumulatively, Volocopter has raised €322 million. The funding will be used to solidify Volocopter’s leading position in the UAM market by bringing the VoloCity, the battery-powered air taxi for cities, to certification and by accelerating the launch of its first...
Etihad Airways has announced its financial and operating results for 2020, recording a 76% fall in passengers carried throughout the year (4.2 million, compared to 17.5 million in 2019) as a result of lower demand and reduced flight capacity caused by the unparalleled global downturn in commercial aviation. As a consequence of the Covid pandemic and ensuing flight and travel restrictions,...
Wizz Air becomes the first customer of the Technical Logbook solution of AVIATAR. Through the newly introduced solution, Wizz Air will replace the manual and paper-based process of capturing technical issues during flight/on ground and implement the seemless digital pilot-to-maintenance collaboration application. AVIATAR's Technical Logbook offers prefilled text blocks and automated input m...
Boom Supersonic announced a strategic investment from American Express Ventures. The funds will support the continued development of Boom's flagship product, the supersonic airliner Overture. Overture is Boom's 65- to 88-seat supersonic airliner, capable of running on 100% sustainable aviation fuel. The supersonic aircraft is slated to roll out in 2025 and begin commercial flight...
Aston Martin and Bombardier – two iconic brands – have signed a letter of intent to collaborate on custom design services for Bombardier business jets. The collaboration would give customers the opportunity for a truly unique design experience, with the meeting of the top creative minds from the luxury automotive and private jet industries. “Bombardier’s discerning custo...
The European Investment Bank has given Safran a 500 million euro credit line to finance its research into innovative propulsion systems for the next generation of single-aisle commercial airplanes. This marks a major step forward in Safran's roadmap to achieve carbon-free air transport. The loan agreement underscores the purpose of the EIB, which recently redefined itself as a "...
The AeroMobil Company, developer of the new ultra-high-end vehicle equally at home on the road or in the sky, announced details of the recently completed phase of its AeroMobil flying car flight testing. When commercially introduced in 2023, The AeroMobil will have undergone over a decade of design and development, including flight testing of three functional prototypes and over 300,000 hours of e...
The global aviation crisis caused by the pandemic continues to have serious consequences for employees working in the airline industry. As a result, pilot training has also been severely affected by the repercussions of the crisis, as the need for recruitment has decreased. Nevertheless, Lufthansa has decided to use the interruption caused by the crisis to fundamentally modernize the existing t...
Vista Global has entered into an agreement to acquire Apollo Jets. Founded in 2008, Apollo has become one of the most prominent and established private aviation providers in the United States, with strong client relationships across leading Fortune 500, medium and large businesses, and sports and entertainment industries — servicing clients such as Derek Jeter and Shaquille O&rsquo...
4AIR has become the first private aviation stakeholder to make a trade on the IATA Aviation Carbon Exchange ACE, a centralized platform where airlines and other aviation stakeholders can trade carbon offsets to reduce their climate impact. 4AIR has conducted its first transaction on the exchange with ClimeCo Corp., purchasing offsets from the environmental commodity products advisor on b...
The repair of a flow control valve for an Airbus A320 that belongs to a Chinese operator marks a milestone for Liebherr in China. Over the past five years, the company has been investing in the development of a growing range of OEM maintenance services on air management systems (ATA Chapters 21 and 36) for various airlines operating Airbus single aisle and long range as well as Bombardier...
TECNAM announces their partnership with Air Alliance to market its ultimate twin engine Tecnam P2012 series for the sales territories in Germany and Austria. Air Alliance, in business since 1993, is a large group offering different aviation services: sales, charters, maintenance and flight training. The P2012 will be the first turbocharged twin piston aircraft in the Air Alliance portfol...
AURA AERO, whose ambition is to industrialize disruptive technologies for the aviation of tomorrow, has just signed a Memorandum Of Understanding with VERKOR, a brand new company developing battery cells for electric vehicles. Through this collaboration, AURA AERO will be able to develop its range of electric aircraft and thus reach a new stage in the creation of a low-carbon aviation. Based ne...
Flight to nowhere? Check. Flight to somewhere? Check. Flight to who knows where? That’s next. Qantas has announced the latest in its series of highly popular concept flights to combat the border blues, with plans to operate three domestic mystery flights for travellers keen to enjoy unique travel experiences in Australia while international borders remain closed. The national carri...
airBaltic is among the first airlines in the world to express its support for introduction of global IATA Travel Pass solution for cross border travel. The IATA Travel Pass is a mobile app that will help passengers to manage their travel easily and securely in line with government requirements for COVID-19 tests or vaccines. airBaltic has announced it will t...
Recaro Aircraft Seating is entering the regional jet market with its first Embraer installation. The BL3710 and SL3710 seats will be retrofitted on the Embraer E190 and line fitted in Brazil on the Embraer E195-E2 for KLM Cityhopper, the regional arm of KLM Royal Dutch Airlines. “Expanding into the regional jet mar...
This year is special for Constant Aviation as it is marking the 15th anniversary of its founding at Cleveland Hopkins International Airport (CLE). What started as a single-hangar operation with just a handful of technicians has grown significantly. Today, Constant Aviation employs more than 450 people throughout the country. It operates 276,655 square feet of hangar space in Cleveland, O...
There‘s no denying that Covid-19 pandemic changed the aviation industry as a whole. According to IATA, in 2020 the aviation industry suffered a net loss of $118.5 billion. Aircraft were grounded, thousands of people found themselves unemployed, and the predictions for many areas of aviation industry were bleak. However, while many aviation companies had to make big cuts, postpone or...
First Alaska Airlines Boeing 737-9 MAX delivered, marking a new phase of modernizing the airline's fleet in the coming years. Alaska pilots flew the aircraft on a short flight from the Boeing Delivery Center at Boeing Field in Seattle to the company's hangar at Sea-Tac International Airport with a small group of Alaska's top leadership on board....
Airbus Corporate Jets has become the latest OEM (Original Equipment Manufacturer) to become a member of the International Aircraft Dealers Association. Airbus joins six other prestigious executive jet OEMs in the affairs of IADA, which leads the business jet transaction industry in professionalism. “Airbus is clearly pleased to become an OEM member of IADA, which has become a leading...
The land above the Arctic Circle is an attractive destination for visitors from all over the globe. Tromsø, Norway, is famed for its midnight sun and the northern lights. These unique natural phenomenon attract adventurers from around the globe, seeking the challenges that the arctic offers and exploring the region’s scenic landscape of rugged coastlines, deep fjords, and towering mou...
