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DAILY AVIATION NEWS ALERT
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This edition is supported by:
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ZeroAvia and flyv partner to propel low-cost flight operations with hydrogen-electric engines
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ZeroAvia and flyv have signed an agreement to explore powering flyv’s on-demand, low-cost flight operations using ZeroAvia’s hydrogen-electric engines. Flyv aims to tackle the limitations of conventional travel systems, under strain from escalating demand across many modalities. At the same time, many smaller airfields are under-utilised. As new cleaner technologies reduce the operating costs, an increase in services is feasible. Flyv plans to …
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Heart Aerospace raises US$107 million in Series B funding
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Swedish hybrid-electric airplane maker Heart Aerospace has released that it raised a total of US$107 million in Series B funding, representing another significant stepping stone toward sustainable regional air travel. The new round brings the total financing raised by Heart Aerospace since its inception to US$145 million. Among new investors is Sagitta Ventures, a Danish investor focused on early-stage companies. …
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Eoin Connaughton joins the Aquila Air Capital team
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Against the backdrop of this year’s Airline Economics Growth Frontiers Dublin conference, Aquila Air Capital (Aquila), a leading lessor focused on end-of-life solutions, announced the addition of a new member to its commercial analysis and pricing team, Eoin Connaughton as AVP, Commercial Analysis and Pricing. Connaughton will be based out of the company’s Irish office, focusing on the analysis, structuring …
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ANA HD posts nine-months financial results
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ANA HOLDINGS (ANA HD) has reported its financial results for the nine months ended December 31, 2023. In the first nine months of fiscal year 2023 (April 1, 2023 - December 31), led by strong inbound demand and leisure demand, overall passenger demand continued to steadily recover, despite ongoing global geopolitical risks. Further, while there was an increase in variable …
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Turkish Technic reaches milestone in its first A330P2F conversion
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Turkish Technic has embarked on A330P2F conversions in collaboration with Elbe Flugzeugwerke GmbH (EFW), the centre of excellence for Airbus Passenger-to-Freighter (P2F) conversions. As the first MRO company to operate as a conversion house directly collaborating with EFW for A330P2Fs, Turkish Technic has recently achieved a key milestone by performing the upper frame shell (UFS) cut-out and successfully locating the …
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Amadeus to acquire Vision-Box for €320 million
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Amadeus IT Group, a Spanish multinational technology company that provides software solutions for the global travel and tourism industry, has announced it is acquiring Vision-Box, a leading provider of biometric solutions for airports, airlines and border control customers. The acquisition of Vision-Box will bring new capabilities around biometrics hardware and software, adding border control solutions to the Amadeus portfolio. Through …
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Turbotech and Safran test first hydrogen turboprop for light aircraft
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Laser strikes on aircraft hit record high in 2023
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IATA data show global air cargo rebounds strongly in 2023
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Boeing reports fourth-quarter revenue of US$22.0 billion
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Airbus teams up for hydrogen infrastructure study in Norway and Sweden with Avinor, SAS, Swedavia, and Vattenfall
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Nexus Aviation Ventures signs lease agreement with BBN Airlines
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Monthly MRO Magazine
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Our magazine focusing on maintenance, repair overhaul in the aviation industry. Monthly features focusing on key issues in MRO sector, exclusive insight from senior industry executives, regular in-depth company profiles. Subscription free monthly magazine straight to your inbox, as a pdf attachment or link to hosted site.Edit this to insert text.
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Weekly Aviation Headline News
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The industry leading weekly aviation newsletter. No subscription charges. Distributed in magazine style every Monday via email. AviTrader’s flag ship publication since 2005.
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Interested in promoting your company with AviTrader?
Vice President Sales & Business Development (Americas)
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Malte Tamm Vice President Sales & Marketing (International) Email: [email protected] Phone: +49 (0)162 8263049
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AviTrader Publications Corp.
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Richmond, British Columbia
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For information, contributions, letters to the editor and queries:
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