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LCI to deliver two new AW139 helicopters for lease to Babcock Australasia

Volocopter in Japan: Series E investment and regulatory pathway set

Sumitomo Corporation invested in Volocopter Series E Funding round. They will also become a key strategic partner for entry into service in the Japanese market starting in 2025. Additionally, Japan Civil Aviation Bureau has accepted Volocopter’s application for concurrent type c...

Dronamics raises $40 million in pre-Series A funding to launch Europe first middle-mile drone deliveries

Dronamics has raised a total of $40 million in pre-Series A funding from venture capital funds and angel investors from 12 countries as the company approaches its upcoming Series A round. This amount includes funds received from Founders Factory, Speedinvest, Eleven Capital, and most recen...

Avolon delivers five Boeing 737-8 MAX aircraft to Indian Akasa Air

Avolon has completed the delivery of 5 new Boeing 737-8 MAX aircraft to Akasa Air, India’s newest airline.Delivery of the aircraft commenced in December 2022 and was completed in January 2023. This sale and leaseback transaction is Avolon’s first deal with Akasa. Paul Geaney, President and Chief Commercial Officer at Avolon commented: “We are excited to support...

Daher strengthens its position in industrial services with the planned acquisition of Assistance Aéronautique et Aérospatiale

As part of Daher “Take off 2027” strategic plan, the company signed of an agreement to acquire Assistance Aéronautique et Aérospatiale, a leading global player in manufacturing services for civil and defense aeronautics. AAA provides complete service solutions that are complementary to those of Daher – in particular for the assembly and installation o...

Accelerating growth - Dufour Aerospace closes new investment from Vista

Dufour Aerospace successfully completed a Series B investment from Vista further supporting the continued development of sustainable aviation technologies. In addition to Vista, the existing investors and two new investors participated in the funding round. Vista’s investment and deep industry experience provides valuable support in expanding the considerable potential of Dufour&nb...

Embraer invests in a fund managed by MSW and strengthens its Corporate Venture Capital program

Embraer announced an initial investment in the MSW MultiCorp 2 of R$ 20 million (around US$ 4 million), to attract and boost innovative Brazilian startups that synergize with the company's innovation strategy. Embraer has strengthened its role in promoting entrepreneurship in the Brazilian ecosystem, not only by making investments but creating partnerships with entrepreneurs interested in work...

REGENT secures strategic investment from Japan Airlines Innovation Fund

REGENT announced a strategic investment from Japan Airlines Innovation Fund, a strategic fund that is the venture arm of Japan Airlines (JAL), one of the world’s premier carriers. This investment in REGENT serves as a first step in the exploration of incorporating seagliders into JAL’s global network and highlights its commitment to sustainable transportation. With this investment...

Portside acquires SeaGil Software Company, expanding its portfolio of software solutions for business, private and government aviation

Portside has acquired SeaGil Software Company and its BART scheduling software product suite. Portside’s investment signifies another step the company is taking to expand its product suite which supports business, private, and government aviation flight departments. The investment will support the continued growth of Portside’s customer base of Part 135 and Part 91 flight dep...

LCI signs agreement with Elroy Air for a committed order of up to 40 Chaparral VTOL aircraft

LCI has signed an agreement with Elroy Air to acquire up to 40 of the company Chaparral VTOL aircraft. LCI’s investment in Elroy Air’s system underpins the Company’s long-term commitment to sustainable growth and innovation. Under the terms of the deposit-backed agreement, LCI will initially acquire 20 aircraft with an option for a total of up to 40 units. The...

BT Group backs Altitude Angel to make the UK a global leader for commercial automated drone operations

Digital at BT has entered into a £5 million deal with Altitude Angel to accelerate and support plans for Skyway corridor development - UK drone superhighway, set to be the largest and longest network of its kind in the world. UTM is the software platform and infrastructure needed to allow drones to fly safely, without a pilot, over large distances. The £5 million de...

Stellantis to build electric aircraft with Archer and provide strategic funding for growth

Stellantis and Archer Aviation have agreed to significantly expand their partnership by joining forces to manufacture Archer eVTOL aircraft Midnight. Stellantis will work with Archer to stand up Archer’s recently announced manufacturing facility in Covington, Georgia at which the companies plan to begin manufacturing the Midnight aircraft in 2024. Midnight is d...

SWEN Capital Partners invests in international developer of E-fuel for aviation Arcadia eFuels

SWEN Capital Partners invests in Arcadia eFuels. The investment will be used to develop test E-fuel production facilities with the objective of producing up to 100 million liters by 2027. Created in 2021, Arcadia eFuels' mission is to decarbonize sectors facing major transition challenges such as heavy transportation and aviation. Climate change has become the number one is...

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, which was acquired in December 2021. AVEX and Blackhawk will continue to operate independentl...

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 second brandnew Airbus A330-900neo aircraft that Condor welcomes this December. The aircraft is the f...

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Samson Sky secures $80 million to launch switchblade flying car production

Samson Sky, developer of the Switchblade Flying Car, announced it has secured an $80 million investment from Dubai‑based Matin Group. According to Sam Bousfield, CEO, Founder...

Kepplair Evolution accelerates its growth with a new €6 million funding round, bringing the total funding raised to €17.5 million

Kepplair Evolution, just days after completing the first pre‑modification flights of its prototype aircraft, has announced the closing of a new €6 million funding round — bringing total fin...