Archer has announced an agreement in principle on key terms for its contract manufacturing relationship with Stellantis. Building on the nearly US$300 million Stellantis has already invested, including US$55 million in July 2024, the company plans to fund additional costs to support Archer’s manufacturing goals. Stellantis will finance up to approximately US$370 million of the […]
Archer secures fresh investment from Stellantis Read More »
Quadrant Pilot, based in Burgess Hill, UK, and ProSim Training Solutions (ProSim), headquartered in Delft, The Netherlands, have announced the expansion of their partnership with the purchase of a Skalarki-built ProSimA322 Cockpit Procedures Trainer (CPT). The new trainer will be equipped with ProSim’s Virtual Instruction XR tool (ViXR). This agreement was finalised at the Farnborough
Quadrant Pilot acquires ProSimA322 cockpit trainer Read More »
Aergo Capital Limited has successfully completed the purchase and lease-back of eight Boeing 737-800 aircraft to WestJet. This transaction marks Aergo’s first collaboration with WestJet, adding a Canadian carrier to its client portfolio. The addition of these eight aircraft further expands Aergo’s growing fleet, strengthening its presence in the aviation leasing market. WestJet views this
Aergo Capital acquires and leases back eight aircraft to WestJet Read More »
Euroavia Airlines, a cargo carrier headquartered in Larnaca, Cyprus, has leased a Boeing 767-300 converted freighter from Cargo Aircraft Management (CAM), a subsidiary of Air Transport Services Group. The aircraft was secured through a sublease arrangement with New York-based SLG Worldwide. Mike Berger, the Chief Executive Officer of ATSG, highlighted the significance of this arrangement,
Euroavia Airlines leases one Boeing 767 Freighter from CAM Read More »
In the second quarter of 2024, Embraer delivered 47 jets, marking an 88% increase from the 25 aircraft delivered in the first quarter. Of these deliveries, 27 were executive jets—20 light and seven medium—19 were commercial jets, and one was a multi-mission C-390 Millennium in Defence. The company’s firm order backlog reached US$21.1 billion in
Embraer sees strong growth in 2Q24 with surge in deliveries and revenue Read More »
