TP Aerospace
AviTrader sponsorship ad

Textron to acquire electric aircraft pioneer Pipistrel

©Pipistrel Velis Electro

Textron Inc. the multi-industry company behind brand names such as Bell, Cessna and Beechcraft, headquartered in Wichita, Kansas, has agreed to purchase Slovenia- and Italy-based Pipistrel, the manufacturer of small light aircraft and the Pipistrel Velis Electro, the world’s first and currently only, electric aircraft to receive full type-certification from the European Union Aviation Safety Agency (EASA).

The acquisition will provide Pipistrel with access to superior resources, together with a global network for sales and support, enabling it to accelerate its development and certification of electric and hybrid electric aircraft. With the acquisition, Textron will now create a new enterprise, Textron eAviation, devoted to the development of sustainable aircraft, including those by Pipistrel.

Pipistrel was launched in 1989 and since then has sold over 2,500 light aircraft, while the company’s history in the sustainable sector of the industry dates back to 2000, subsequent to which it has made several electric aircraft introductions, as well as having both hybrid and electric propulsion models under development. The sale of Pipistrel to Textron includes Pipistrel d.o.o., Pipistrel Vertical Solutions d.o.o and Pipistrel Italia S.r.l.

“Pipistrel puts Textron in a uniquely strong position to develop technologies for the sustainable aviation market and develop a variety of new aircraft to meet a wide range of customer missions,” said Textron Chairman and CEO Scott Donnelly.

“Under my 30-year leadership, Pipistrel’s team has achieved a unique prime position in personal, affordable, environmentally friendly and electric aviation. The trend and foundation for future projects has clearly been set,” Pipistrel founder and CEO Ivo Boscarol. “To drive Pipistrel’s ambitious goals and to continue its story of success, the joining of Textron and Pipistrel provides deep expertise and resources which would otherwise be inaccessible to Pipistrel alone.”

Tuesday February 27, 2024
Jane P. Chappell
Spirit AeroSystems Holdings has released that Jane P. Chappell will join the company’s Board of Directors, effective February 26, 2024. She will serve on the Corporate Governance and Nominating Committee and the Risk Committee. Chappell has more than four-de... Read More »
Tuesday February 27, 2024
Representatives of Honeywell and Air India at the Singapore Airshow
Collins Aerospace has been selected by Air India for a full suite of avionics hardware catering to the airline’s expanding Boeing 737 MAX fleet. The deal was announced at the Singapore Airshow 2024. The comprehensive package includes communication, navig... Read More »
Tuesday February 27, 2024
Etihad Cargo and WFS have signed a cargo handling services contract for 12 major international airports
Etihad Cargo has forged a strategic partnership with Worldwide Flight Services (WFS), a leader in air cargo logistics and ground handling. This three-year global agreement covers cargo handling services at 12 major international airports spanning Europe, Scand... Read More »
Tuesday February 27, 2024
Honeywell will supply 105 T55-GA-714A engines to support Germany’s procurement of new CH-47F aircraft © Honeywell
Honeywell will supply 105 T55-GA-714A engines to support Germany’s procurement of new CH-47F aircraft, the country’s first fleet of Chinook helicopters. This sale supports Honeywell’s alignment with the compelling megatrend of the future of aviation. ... Read More »
Tuesday February 27, 2024
Norse Atlantic will fully replace the aircraft paper technical log, cabin log, journey log and fuelling logs with ULTRAMAIN ELB © Ultramain Systems
Norse Atlantic Airlines (Norse Atlantic), a Norwegian low-cost airline, has selected Ultramain Systems electronic logbook, ULTRAMAIN ELB, to fully replace the aircraft paper technical log, cabin log, journey log and fuelling logs on its fleet of 15 Boeing 787 ... Read More »
Tuesday February 27, 2024
Silk Way West Boeing 777F aircraft © Turkish Technic
Turkish Technic has recently inked a component pool agreement with Silk Way West Airlines, an Azerbaijani cargo airline and a Boeing 777F fleet operator. Under this accord, Silk Way West Airlines gains access to spare parts pooling and MRO services for essenti... Read More »
Tuesday February 27, 2024
United will add 12 advanced full-motion flight simulators to the new building at the Denver Flight Training Centre
United Airlines (United) has significantly expanded its Flight Training Centre in Denver, unveiling a new 150,000 ft² building. This addition enables the incorporation of 12 advanced full-motion flight simulators, with six already operational. In 2024, United... Read More »
Monday February 26, 2024
Prominent figures from the U.S. and European aerospace sectors have formed a coalition aimed at bolstering the integrity of the aviation supply chain and preventing unauthorised parts from infiltrating it. Key members of the Aviation Supply Chain Integrity Coa... Read More »
Monday February 26, 2024
Contract signing at the Singapore Airshow between Liebherr-Aerospace and JAL © Liebherr-Aerospace
Liebherr-Aerospace and Japan Airlines (JAL) have signed a long-term service contract for the overhaul of landing gears. With this contract, Liebherr-Aerospace becomes the exclusive service provider for J-Air, a subsidiary of the JAL Group, for MRO of the landi... Read More »
Monday February 26, 2024
© Shutterstock
AerCap has revealed its financial performance for the fourth quarter and full year of 2023, concluding on December 31, 2023. Aengus Kelly, the CEO of AerCap, expressed satisfaction with the results, marking another record quarter and a stellar year for the com... Read More »
Monday February 26, 2024
Cebu Pacific Airbus A330-900 © Airbus
Safran Nacelles and Cebu Pacific have signed a multi-year service agreement to cover the maintenance repair and overhaul (MRO) of the carrier’s Airbus A330neo nacelles as well as an asset pool access. Under this agreement, Cebu Pacific will have access t... Read More »
Monday February 26, 2024
Philippine Airlines (PAL)
AAR subsidiary Airinmar has signed a multi-year support services extension with Philippine Airlines (PAL).  Working in conjunction with PAL’s aircraft material management team, Airinmar will provide a full suite of support services covering both aircraft wa... Read More »
Monday February 26, 2024
Jackson Square Aviation has signed a financing deal for Hawaiian Airlines first Boeing 787-9 Dreamliner © JSA
Jackson Square Aviation (JSA) has reported the successful financing of Hawaiian Airlines‘ first Boeing 787-9 Dreamliner, marking a milestone in their longstanding partnership. John Yanney, JSA Head of Marketing Americas and OEM Relations, expressed his g... Read More »
Monday February 26, 2024
Ground-breaking ceremony for N3's expansion at Erfurter Kreuz in Germany © N3
N3 Engine Overhaul Services (N3) officially marked the start of its expansions with a ground-breaking ceremony on February 23. The joint venture between Lufthansa Technik and Rolls-Royce is expanding its building complex. The main construction works that are n... Read More »
Friday February 23, 2024
Grazia Vittadini and Dieter Vranckx
The Lufthansa Group is starting the next phase of its corporate development with a realignment of the Board of Directors. The restructuring coincides with the departure of four board members. According to schedule, the terms of office of Harry Hohmeister and ... Read More »
Friday February 23, 2024
Lilium Jet
Lilium N.V, the developer of the eVTOL Lilium Jet, has partnered with Star Charge to develop, customise and provide charging systems for its Lilium Jets. At the Singapore Airshow, the companies announced that Lilium placed a first order of 120 chargers for its... Read More »
Friday February 23, 2024
The acquired E190-jet will undergo disassembly at eCube in Wales, St Athan © Werner Aero
Werner Aero, LLC has successfully acquired an additional E-Jet aircraft, E190 MSN 481, through a transaction with Nordic Aviation Capital (NAC), a regional aircraft leasing company. The acquired aircraft will undergo disassembly at eCube in Wales, St Athan, wi... Read More »
Friday February 23, 2024
TotalEnergies has been supplying SAF for Airbus' aircraft deliveries in Toulouse since 2016 © Airbus
Airbus and TotalEnergies have inked a strategic partnership to tackle the hurdles of decarbonising aviation through sustainable aviation fuels (SAF). Aligned with the goal of achieving net carbon neutrality in aviation by 2050, the collaboration focuses on sig... Read More »
Friday February 23, 2024
Natalja Platonova, head of Magnetic Talents © Magnetic Engineering
Magnetic Engineering, a part of the Magnetic Group, has announced a significant expansion of its continuous airworthiness management organisation (CAMO) capabilities, now including the Airbus A220 and A350 aircraft. This expansion comes with the approval of th... Read More »
Friday February 23, 2024
Low-cost carrier Lynx Air said it has to cease operations © Shutterstock
Lynx Air, a Calgary, Canada-based airline dedicated to providing affordable air travel for Canadians, is set to cease operations on Monday, February 26. The low-cost carrier revealed this decision concurrently with the announcement of securing an initial order... Read More »
Avitrader MRO magazine - remove before flight - component maintenance

2023 MEDIA KIT

Aviation Media Pack

Learn more on how AviTrader can expand your market

Please contact

Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada

Subscribe to the most widely accepted news source in the aviation industry!


Free Daily, Weekly and MRO Publications delivered to your Inbox!
News Alerts, Editorials, Marketplace, Executive Interviews +more

Select publications:

*we respect your privacy and AviTrader will not share your email address to any 3rd Parties.

Scroll to Top
AviTrader

FREE
VIEW