Vertical Aerospace founder injects US$50 million into company

Vertical Aerospace (Vertical), a global aerospace and technology pioneer in zero-emissions aviation, has announced a substantial US$50 million investment from its founder, majority owner and CEO, Stephen Fitzpatrick. This funding infusion not only paves the way for upcoming financing rounds but also extends Vertical’s projected financial runway into Q2 2025. This capital injection will support […]

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Saab receives order to produce T-7A fuselage systems

Military & Defense

Saab has received an award from Boeing to produce T-7A aft fuselage systems. The order value for Saab is US$101.7 million (approximately SEK 1 billion) and the order was booked in the fourth quarter 2023. The T-7A aft fuselage systems will be produced at Saab’s advanced manufacturing facility in West Lafayette, Indiana, U.S.A. “What we

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Southwest Airlines pilots approve new collective bargaining agreement

Other News, Uncategorized

Southwest Airlines (Southwest) has announced the resounding approval of a new collective bargaining agreement by its pilots, represented by the Southwest Airlines Pilots Association (SWAPA). Adam Carlisle, Vice President Labour Relations at Southwest Airlines, stated, “Our Pilots are world-class aviators who uphold Southwest’s commitments to safety, hospitality and connecting people to what’s important in their

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Marc Green, Sales Director for Newbow Aerospace

Boeing grants approved supplier status to Newbow Aerospace

MRO & Production

Newbow Aerospace, a prominent UK manufacturer specialising in aviation ground support equipment, has reached new heights in its extraordinary year of expansion by securing approved supplier status from Boeing. As demand surged for tailor-made ground support equipment, catering to over 300 airline, airport and MRO clients worldwide, setting a company record for the Redditch-based enterprise,

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Willis Lease Finance issues notice of Continuing Event of Default to TAR Aerolíneas

Financial

Willis Lease Finance Corporation (WLFC) has issued to TAR Aerolíneas a notice of Continuing Event of Default, demand for Payment and demand to Return for TAR Aerolíneas’ failure to pay amounts due and its refusal to return a leased AE3007 engine, currently installed on Embraer RJ145LR (Registration No. XA-AFH) and being utilised for Mexicana flights.

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ECS Group strengthens African presence with acquisition of EFIS MAROC

Financial

Building on a longstanding commercial partnership spanning over two decades, EFIS MAROC has officially merged into ECS Group, reinforcing the group’s presence in Africa. The acquisition agreement, signed on December 13, 2023, marks the beginning of a seamless transition and the implementation of digital enhancements for the benefit of EFIS MAROC and its clientele. Founded

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Archer Aviation and NASA sign Space Act Agreement

Aircraft & Engines

Archer Aviation (Archer) has signed a Space Act Agreement with the National Aeronautics and Space Administration (NASA). The collaboration will kick off with an initial project focused on studying high-performance battery cells and safety testing targeted for advanced air mobility (AAM) and space applications. Archer believes that while the supply chain for electric vehicles in

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The signing of the new agreement took place at 'Wings India' in Hyderabad © Air India Express

Lufthansa Technik partners with Air India Express for engine maintenance

MRO & Production

During last week’s ‘Wings India’ event in Hyderabad, India, Lufthansa Technik (LHT) and Air India Express have inked an agreement in the realm of engine maintenance services (EMS). This contract encompasses the overhaul of a minimum of three CFM56-7B engines utilised in the Boeing 737-800 fleet. This newly finalised agreement marks the first-ever collaboration between

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Safran and ONERA have started wind tunnel tests with ECOENGInE, a 1:5 scale demonstrator of the forthcoming Open Fan technology

Safran and ONERA commence wind tunnel testing for future Open Fan technology

Aircraft & Engines

Safran Aircraft Engines and France’s national aerospace research agency, ONERA, have initiated wind tunnel testing with the ECOENGInE, a 1:5 scale demonstrator of the forthcoming Open Fan technology. These trials are taking place at ONERA’s wind tunnel facility in Modane, France. The Open Fan, a disruptive architecture and a vital component of the CFM RISE

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The newly acquired B737NG awaiting dismantling in Marana, Arizona

Aventure Aviation acquires 21st Boeing 737NG

Aircraft & Engines

Aventure Aviation has acquired its 21st Boeing 737NG airframe. This 737-700 aircraft, MSN 30134, was delivered by Boeing to Canada’s WestJet Airlines in 2001, and has been operated by WestJet its entire life. The aircraft will be dismantled in Marana, Arizona, and harvested parts will be relocated to Aventure’s Atlanta, Georgia headquarters. “Finding quality assets

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Vertical Aerospace founder injects US$50 million into company

Saab receives order to produce T-7A fuselage systems

Southwest Airlines pilots approve new collective bargaining agreement

Boeing grants approved supplier status to Newbow Aerospace

Willis Lease Finance issues notice of Continuing Event of Default to TAR Aerolíneas

ECS Group strengthens African presence with acquisition of EFIS MAROC

Archer Aviation and NASA sign Space Act Agreement

Lufthansa Technik partners with Air India Express for engine maintenance

Safran and ONERA commence wind tunnel testing for future Open Fan technology

Aventure Aviation acquires 21st Boeing 737NG

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