5 January 2023

Stellantis N.V. (Stellantis) and Archer Aviation (Archer) have announced their intention to strategically strengthen the already existing partnership between the two companies with a view to producing Archer’s flagship Midnight electric vertical take-off and landing (eVTOL) aircraft. The intention is for production to commence at the new Archer facility at Covington Georgia. The Midnight eVTOL […]

Dubai Aerospace Enterprise has released that DAE Capital, aircraft lessor and financier, has acquired 94 aircraft in 2022 (owned: 46; managed: 48) and sold 33 aircraft (owned: 10; managed: 23). Furthermore, the company signed 143 lease agreements, extensions and amendments in 2022 (owned: 121; managed: 22). At the end of 2022 the company´s fleet size

Horizon Aircraft, an innovative leader in hybrid electric vertical take-off and landing (VTOL) aerial vehicles, has successfully completed initial hover-testing of its “Cavorite X5” scale prototype. Brandon Robinson, CEO of Horizon Aircraft said, “This aircraft has exceeded expectations during initial hover-testing. It is extremely stable, is capable of full hover at only 65% power, and