15 March 2023

Vertical Aerospace opens aerospace battery facility in Bristol, UK

Vertical Aerospace (Vertical) a global aerospace and technology company that is pioneering zero-emissions aviation, has reported another significant UK investment and innovation milestone with the opening of the Vertical Energy Centre (VEC), believed to be the UK’s most advanced aerospace battery facility, based in Bristol. The multi-million-pound state-of-the-art, 15,000 ft² facility, is one of the …

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Emirates boosts operations by 31%, plans to ramp up seat capacity

Emirates has boosted operations by 31% (total ASKMs) since the start of its financial year and has further plans to ramp up seat capacity in its latest published northern summer schedule starting March 26, 2023. In the past months, the airline has planned and executed the rapid growth of its network operations – reintroducing services to five …

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Embraer, ITA and FAPESP open Engineering Research Centre (CPE)

Embraer, ITA (Aeronautical Technological Institute), and FAPESP (São Paulo State Research Support Foundation) have held the inauguration ceremony of the Engineering Research Centre (CPE) on March 14, dedicated to air mobility for future studies. The event, held at the ITA campus in São Jose dos Campos, São Paulo, was attended by the governor of the …

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Willis Lease Finance posts 2022 revenues of US$311.9 million

Willis Lease Finance Corporation has posted annual total revenues of US$311.9 million and pre-tax income of US$9.8 million. For the year ended December 31, 2022, aggregate lease rent and maintenance reserve revenues were US$246.0 million and spare parts and equipment sales were US$27.0 million. The company reportedincreased total revenues in the fourth quarter when compared …

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JetBlue and Spirit Airlines have terminated their merger plans

JetBlue and Shell Aviation collaborate to bring new supply of SAF to LAX

JetBlue and Shell Aviation have announced a new collaboration bringing additional supply of sustainable aviation fuel (SAF) to Los Angeles International Airport (LAX), targeting commencement of delivery in the first half of 2023. Within the terms of the agreement, JetBlue is expected to take delivery of 10,000,000 gallons of blended SAF at LAX over the …

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