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Archer partnership with Anduril to develop hybrid VTOL military aircraft; raises an additional $430M

Anduril and Archer announced an exclusive partnership to jointly develop a hybrid VTOL aircraft for critical defense applications targeting a potential program of record from the DOD.  With Archer’s ability to rapidly develop advanced VTOL aircraft using existing commercial parts and...

Lufthansa Technik invests millions in new location in Portugal

The construction of a new facility roughly 35 kilometers south of Porto will further expand Lufthansa Technik's capacities for the repair of engine parts and aircraft components in line with the company's strategy. The future plant of Lufthansa Technik Portugal is expected to be completed by...


Advanced Air Mobility sector universally seen as attractive market for investment

AAM market is growing rapidly, as is the regulatory framework for the sector, and as a result of this, all of the fund managers interviewed agree that the AAM sector is becoming an increasingly more attractive market to invest in. The finding comes from new global research from New Horizon Aircraft, doing business as Horizon Aircraft, the advanced aerospace engineering company...

Eve announces additional US$35 Million from BNDES Line to support eVTOL development in 2025

Eve Air Mobility announced a US$35 million* fund from Brazil’s National Development Bank, further solidifying its financial position for continued eVTOL development. This second-phase funding follows a US$92.5 million line of credit secured in 2022 for R&D and a recent US$50 million investment from Citibank, both dedicated to supporting Eve's eVTOL development program. This...

CDB Aviation sells two A330-200s to National Airlines

CDB Aviation announced the completion of a sale transaction for two Airbus A330-200 aircraft with National Airlines.Florida-based cargo and passenger charter services operator took delivery of the Rolls-Royce Trent 700 engine-powered versions of the aircraft in July and November 2024 and plans to deploy the two widebodies to provide charter transportation services. CDB Aviation Chief Execu...

LCI acquires and leases seven new Leonardo AW169 helicopters to Babcock Canada

LCI has purchased a fleet of seven, new emergency medical services configured Leonardo AW169 helicopters. The helicopters are being placed in LCI’s joint venture with SMFL: SMFL LCI Helicopters Limited.  The joint venture has acquired the aircraft and will be leasing them to Babcock Canada. Babcock has been subcontracted by Ascent Helicopters, who will be provid...

BETA Technologies raises more than $300M in additional equity capital to fund growth and commercialization

Beta Technologies has raised $318 million in Series C equity capital. QIA led the raise and several of BETA’s largest investors, including Fidelity Management & Research Company and TPG Rise Climate increased their ownership in BETA. Longtime customer United Therapeutics has also joined this round as an investor. The financing round was priced at an increased valuation relative to prior...

DAE signs lease agreements with Hainan Airlines for four new Boeing 737-8 aircraft

Dubai Aerospace Enterprise announced the signing of lease agreements with Hainan Airlines for four new Boeing 737-8 aircraft, scheduled for delivery in the fourth quarter of 2025 and the first quarter of 2026. Firoz Tarapore, Chief Executive Officer of DAE, commented: “We are pleased to further strengthen our partnership with Hainan Airlines. This agreement reflects the strong relati...

Embraer to invest up to $70 million in new MRO facilities for commercial jets at Perot Field Alliance Airport in Fort Worth, Texas

Embraer announced the expansion and investment in the United States of its MRO services network to support the growing fleet of E-Jets with the opening of a new Embraer owned service center at the Perot Field Alliance Airport, in Fort Worth, Texas. In partnership with the City of Fort Worth, Denton County and the State of Texas, Embraer expects to begin operations in an existing hangar in the...

Britten-Norman secures investment to ramp up Islander production and expand aftermarket operations

Britten-Norman has successfully completed its second funding round, securing significant capital from Northern Ireland based Beechlands Enterprises. The investment will accelerate production of the iconic Islander aircraft and transform aftermarket business. Britten-Norman will scale manufacturing operations in the UK up to eight aircraft a year in phase one. Manufacturing will be focussed pr...

Toyota to invest $500 million in Joby Aviation

Toyota Motor Corporation and Joby Aviation announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of air mobility. The investment, which will be made in two equal tranches, is subject to standard regulatory approvals and certain other...

Elixir Aircraft signs contract with Leading Edge Aviation for 5 aircraft, financed by Green Aerolease

Elixir Aircraft has signed a contract for the operation of five Elixir by Leading Edge Aviation, a training centre based in the UK and Spain, which has confirmed its intention to renew its fleet with Elixir Aircraft. This tripartite contract has also been signed with Green Aerolease. Leading Edge is thus the launch customer for Elixir Aircraft and Green Aerolease new rental offer. Leadin...

Pyka secures $40M series B to advance commercialization of dual-use autonomous electric aircraft

Pyka announced a $40M Series B raise. The funding round was led by Obvious Ventures, with participation from both new and existing investors, including Piva Capital, Prelude Ventures, Metaplanet Holdings, and Y Combinator. Pyka is rapidly commercializing autonomous electric aircraft by applying its technology to many of the world's most critical flight missions, including agricu...

Global Jet Capital completes securitization, raising $617M

Global Jet Capital announced the closing of its BJETS 2024-2 securitization, raising approximately $617 million. BJETS 2024-2 is Global Jet Capital’s eighth asset-backed security offering, bringing total assets securitized to approximately $5.8 billion and bonds issued to approximately $4.8 billion. The BJETS 2024-2 offering contained three tranches of notes: a $490.4 million...

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Essential news

Avolon places landmark order for 110 Airbus A320neo and A330neo aircraft

Avolon, one of the world’s leading aviation finance companies, has reinforced its long-term growth strategy with a firm order for 110 Airbus aircraft, including 35 A330-900 widebodies and 75 A32...

iOS Apps development in Riga, Latvia

Top of the week

airBaltic files first monthly operating reports with U.S. court and publishes preliminary unaudited financial information

Air Baltic Corporation AS , Latvia’s national airline and the leading carrier in the Baltic States, announced that airBaltic and its subsidiaries participating in the voluntary Ch...

Elevating Nevis: Premier Mark Brantley on aviation, tourism and economic transformation

Few infrastructure projects have the potential to reshape an island's future quite like the ongoing transformation of Nevis Airport. To gain deeper insight into this ambitious development and the...

BPE Air reports nearly US$90 million in 2025 revenue as Aldrew Crowe advances integrated aviation platform

BPE Air, the aviation company founded and wholly owned by entrepreneur Aldrew Crowe, reported approximately US$90 million in revenue in 2025, marking a major milestone in the growth of its integrated...

Aviation Capital Group places order for 75 Airbus A320neo family aircraft

Aviation Capital Group, the Newport Beach, California-based global aircraft asset manager, has signed a firm order for 75 additional Airbus A320neo Family aircraft, bringing its cumulative orders for...