Joby Aviation (Joby) has signed a definitive agreement to acquire Blade Air Mobility’s (Blade’s) urban passenger transport business, marking a major step in its commercial growth strategy. The acquisition, valued at up to US$125 million in Joby stock or cash (at Joby’s election), includes all of Blade’s passenger operations across the US and Europe as
FL Technics is strengthening its European presence by opening a new wheels and brakes facility in Bergamo, Italy. Located near Milan Bergamo Airport, the 2,041 m² site has commenced operations and is expected to provide convenient access and high-quality landing gear component services for airlines in Southern and Western Europe. It becomes the company’s fourth
Safran has announced it will build a new aircraft carbon brake production facility at the Plaine de l’Ain Industrial Park (PIPA) near Lyon, in the Auvergne-Rhône-Alpes region of France. The plant, scheduled to begin operations in 2030, is expected to boost Safran’s carbon brake production capacity by 25% by 2037. The new 30,000 m² (323,000
Hundreds of flights were delayed across the UK after the air traffic control (ATC) system went down for about 20 minutes on Wednesday, July 30, the Guardian has reported. The disruption raised fears of a repeat of the August 2023 outage, when hundreds of thousands of passengers’ travel plans were thrown into chaos. Nats, the
Barnes Aerospace, a global force in component repair services and the production of advanced aero engine parts, has announced a leadership change with the appointment of George Whittier as its Chief Executive Officer, effective May 12, 2025. The position marks a new chapter for the company as it becomes an independent platform under the broader
Elbe Flugzeugwerke GmbH (EFW), the Airbus centre of excellence for passenger-to-freighter (P2F) conversions, has announced the successful rollout of its first A330P2F aircraft for Air Transport Services Group (ATSG). This milestone delivery is part of a larger agreement in which EFW will convert and redeliver 30 Airbus A330P2F freighters to ATSG, a prominent player in
Aviation Capital Group (ACG), a premier global full-service aircraft asset manager, has delivered one new Airbus A320neo aircraft on long-term lease to Scandinavian Airlines (SAS). Featuring CFM International LEAP-1A engines, this is the eleventh aircraft scheduled to deliver to the airline as part of a multiple-aircraft sale-and-leaseback transaction between ACG and SAS. ACG specialises in
Ascent Aviation Services, an independent aircraft aftermarket services provider, has broken ground at Pinal Air Park in Marana, Arizona, on two new wide-body aircraft hangars to establish a North American conversion site to carry out passenger-to-freighter conversions and heavy maintenance. This expansion increases the Maranaoperation hangar capacity by 180,000 ft² along with an additional 60,000
Korean Air has solidified its commitment to the Airbus A350 family, marking a significant milestone as a new customer with the signing of a firm order for 33 aircraft. The order comprises 27 A350-1000s and six A350-900s. With its remarkable fuel efficiency and reduced carbon emissions, the A350 will revolutionise Korean Air’s intercontinental routes, offering
Regional aircraft lessor Abelo has acquired four ATR 72-600 aircraft through SKY Leasing. This strategic transaction expands Abelo’s portfolio to a total of 57 owned and managed aircraft. All four aircraft are currently on lease to India’s low-cost carrier, IndiGo. Stephen Gorman, CEO of Abelo, stated “We are thrilled to welcome IndiGo as a new
