Vertical Aerospace secures new funding
Vertical Aerospace - an electric vertical take-off and landing (eVTOL) aircraft developer based in the UK - has secured new funding after signing a term sheet among the company, its majority sharehold...
Vertical Aerospace - an electric vertical take-off and landing (eVTOL) aircraft developer based in the UK - has secured new funding after signing a term sheet among the company, its majority sharehold...
Finnair has cancelled approximately 300 flights, impacting around 33,000 of its customers. The cancellations come as pilots - represented by the Finnish Air Line Pilots' Association - announced a stri...
Portuguese wet-leasing and charter company euroAtlantic Airways acquired two 777 aircraft. The aircraft had already been operated by the company prior to the deal.The acquisition brings the company's ...
Airbus launched the second tranche of its share buyback programme on November 25, 2024. The second tranche will result in 2.1 million shares being repurchased, with it expected to end no later than Ja...
ACIA Aero Leasing has sold an ATR 72-500 large cargo door (LCD) freighter to Canadian regional airlines Air Creebec. The aircraft is the airline's first ATR to be introduced to its fleet. The aircraft...
Wizz Air called for collective action to achieve net zero emissions by 2050 ambition. The European airline participated at COP29 on Transport Day, highlighting the critical role of international colla...
Norse Atlantic Airways will establish at Stockholm Arlanda Airport ahead of winter 2025 on October 29, 2025, launching a direct route from there to Bangkok. “There is great confidence in the Swedish a...
A sharp rise in air cargo spot rates from Europe origins, particularly to the Americas, has helped to further drive up average worldwide spot prices in the second full week of November, according to d...
Spain's consumer affairs ministry fined five low-cost airlines for “abusive practices” on November 22, 2024, totalling €179 million.Ryanair was hit the hardest with a fine of €107.8 million, while Spa...
Dublin-based Airborne Capital has entered into a capital and business joint venture (JV) in the aircraft leasing sector with Daiwa Securities Group subsidiary Daiwa Securities on November 22, 2024. Ai...
British Airways has made a multi-million British pound investment in its engineering maintenance facility at Cardiff Airport in Wales to support its A350 aircraft.The planned investment will expand on...
The UK's Serious Fraud Office (SFO) has launched an investigation into suspected bribery and corruption at aviation and defence electronics group Thales, the non-ministerial government department said...
We're Social