NEOM invests $175m in Volocopter
NEOM has invested $175 million in Volocopter. This deal expands NEOM's strategic partnership with Volocopter to progress an advanced air mobility industry in Saudi Arabia. Nadhmi Al-Nasr, Chief Execut...
NEOM has invested $175 million in Volocopter. This deal expands NEOM's strategic partnership with Volocopter to progress an advanced air mobility industry in Saudi Arabia. Nadhmi Al-Nasr, Chief Execut...
Datalex achieved an important milestone with IATA Airline Retailing Maturity index (ARMi) certification for three pricing capabilities. With this certification, IATA stated that airlines can unlock gr...
Safran posted an increase of 29.9% in sales, closing at €4,849 million in the financial report for the third quarter of 2022. Revenue for Q3 was up by 29.9% reaching €4,849 million while organic reven...
MTU Aero Engines recorded a growth of 27% in revenue reaching €3.82 bn with an operating profit of €448 million in the first nine months of 2022. MTU’s revenue increased in both commercial maintenance...
Boeing reported the third quarter of 2022 with a revenue of $16.0bn and an operating cash flow of $3.2bn. Boeing’s Q3 results reflect a higher commercial volume and losses on fixed-price defense devel...
Collins Aerospace recently achieved the technical standard order for its combined vision system (CVS) for business aircraft. The CVS provides clarity to pilots in all types of weather to navigate airc...
Volaris has signed an agreement with Airbus to adopt Skywise Health Monitoring (SHM) as its fleet performance tool. According to Airbus, Skywise Health Monitoring collates and centralizes maintenance ...
Neos has selected flydocs for the asset management and digitisation of its aircraft records for the entire fleet of 15 aircraft for the next five years. As a part of this strategic partnership, flydoc...
JetNet has acquired Asset Insight as a part of its continuous expansion plan. This is the first of what the company anticipates will be several future acquisitions as JetNet expands its data-driven pr...
Skyports opened its first branch office outside its Asia-Pacific Singapore Headquarters in Japan. This move follows certain significant developments like Japanese trading conglomerate Kanematsu Corpor...
Bamboo Airways has selected Amadeus as its next-generation technology partner for revenue management and digital experience. According to Amadeus, the Altéa PSS solution will equip Bamboo Airways with...
AFI KLM E&M and Ascendance Flight Technologies have signed a Memorandum of Understanding (MOU) to allow the two companies to explore potential collaborations in the coming months in four main areas: l...
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