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DAILY AVIATION NEWS ALERT

May 3rd, 2023

Featured Story

Lilium announced a US$250 million capital raise

Lilium announces US$250 million capital raise

Munich-based Lilium Air Mobility (Lilium) has announced a capital raise for up to US$250 million, with US$100 million of that already raised. Lilium is a start-up company responsible for the production of the first all-electric vertical take-off and landing (eVTOL) jet. On May 1, a Form 6-K was filed by the company with the Securities and Exchange Commission. The funds …
AJW Technique piloting blockchain for component maintenance

AJW Technique piloting blockchain for component maintenance

MRO providers such as AJW Technique are an integral part of the aviation supply chain. They provide the maintenance, repair, and overhaul services necessary to keep aircraft in safe and airworthy condition. MROs work closely with operators to ensure flight planning is impeccable and service delivery seamless. In this partnership, aircraft parts pedigree, provenance on and off aircraft, and repair …
Air China has touched down in Auckland for the first time after three years on May 2, 2023

Air China touched down in Auckland for first time in three years

On May 2, Air New Zealand's alliance partner Air China touched down in Auckland for the first time in three years, giving Air New Zealand customers a direct route to Beijing – the world's most populous capital city. As of today, May 3, Air New Zealand's Auckland-Shanghai flights return to daily. Air New Zealand Chief Customer and Sales Officer Leanne Geraghty said the resumption of the Beijing-Auckland route …
Comlux delivers first ever ACJ TwoTwenty cabin

Comlux delivers first ever ACJ TwoTwenty cabin

Comlux, a leader in business aviation, transaction and completion services, has delivered the world’s first ACJ TwoTwenty with a brand new cabin certified by the European Aviation Safety Agency (EASA) to FIVE Hotels and Resorts. The VIP cabin was completed in 14 months obtaining a full EASA certification. The aircraft will be operated by Comlux and is based in Dubai, …
flydubai has unveiled the new "Business suite"

flydubai unveils "The Business Suite" made by Safran

For the 2023 edition of the Arabian Travel Market exhibition, an international travel and tourism event, Dubai-based carrier flydubai has chosen to unveil “The Business Suite”, a highly customised premium business class seat based on Safran’s VUE platform. flydubai's interpretation of VUE will be introduced to a select number of the carrier’s fleet of Boeing 737 aircraft. The new premium …
RECARO final assembly line

RECARO posts growth of 55% in 2022

Global seating company RECARO has announced record growth of almost 55% in 2022 and outlines a plan for continued double-digit growth. In 2022, the company generated revenue of nearly €425 million (incl. double digit R&D investment) and employed 2,500 personnel across its business divisions, which include RECARO Aircraft Seating, RECARO Gaming and Growag (rail seating). In 2022, the company explored …

Vanessa Hudson will succeed Alan Joyce as CEO of Qantas Group

WestJet Group completes acquisition of Sunwing

Alaska Airlines presents Q400 regional turboprop to ZeroAvia to be retrofitted with hydrogen-electric propulsion system 

GE Aerospace awarded US$684 million contract for additional T408 engines

BOC Aviation delivers first of 11 737 MAX 8 aircraft to Lynx Air

IAI awarded US$100 million contract to provide airborne SIGINT solutions to international customer

ALC reports first-quarter 2023 results

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