The annual expected dip in overall global air cargo tonnages over the American Thanksgiving holiday was less than in the equivalent period last year, analysts at WorldACD Market Data have confirmed. A...
Operators of Miami-based airline GlobalX, Global Crossing Airlines, have announced the creation of a wholly-owned subsidiary to pioneer the integration of Advanced Air Mobility (AAM) in South Florida....
Lower-carbon ‘electrofuel’ provider Infinum has received a $75 million project equity investment from Breakthrough Energy Catalyst, a platform funding commercial projects for emerging climate technolo...
Sam Marnick, executive vice present and chief operating officer of Spirit Aero Systems, is to leave the company, its chairman has confirmed. Describing Marnick has having “played a pivotal role in est...
Private air medical transport company Airmedic and evTOL (electric Vertical Takeoff and Landing craft) developer Limosa are to collaborate on developing an air ambulance variant of Limosa’s eVTOL plat...
Low-cost carrier Southwest Airlines has announced a number of changes in its executive leadership, effective from 1 December 2023, to provide what it describes as ‘additional focus and clarity’ in sup...
Graphyte, a carbon removal startup company backed by investment firm Breakthrough Energy Ventures, has signed American Airlines as its inaugural customer. Under the agreement, a purchase of 10,000 ton...
Luxury private aircraft charter company Ryan Aviation Group has partnered with carbon emission offset programme 4AIR to address its environmental impact. Strategies adopted by the charter company incl...
Acelen Renewables, a newly established environmental initiative launched by global asset management firm Mubadala Capital, is to launch what it terms its ‘visionary blueprint for the future of low-car...
Atlas Air Worldwide, majority shareholder of Polar Air Cargo Worldwide, has ordered two new Boeing 777 Freighters (slated for delivery in the second half of 2024). “These [new aircraft] come at a time...
Griffin Global Asset Management (Griffin) has successfully closed, via GGAM Finance, an offering of $400 million senior unsecured notes. The offering comprises $400 million of 8% senior unsecured not...
L3Harris Technologies has signed a definitive agreement under which an affiliate of private equity company TJC will acquire L3Harris’ Commercial Aviation Solutions (CAS) business for $800 million. The...
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