Ampaire to retrofit Azul Conecta’s Grand Caravans news Yves Le Marquand 2 Feb 23 0 Ampaire has signed a letter of intent (LoI) to upgrade Brazilian regional airline Azul Conecta’s Grand Caravans by retrofitting a hybrid-electric powertrain and battery pack.… Read more
Aerwins to go public via Pono Capital SPAC news Yves Le Marquand 31 Jan 23 0 Pono Capital shareholders have approved a planned merger with Japanese air mobility technology developer Aerwins. The SPAC and Aerwins agreed to merge in September through… Read more
Japan Airlines’ innovation fund makes strategic investment in Regent news Yves Le Marquand 27 Jan 23 0 Regent has received a strategic investment from Japan Airlines’ (JAL) Innovation Fund, bringing the total raised by the firm to over $45m. JAL said its… Read more
Vertical receives payment for 25 delivery slots from Japan’s Marubeni Corporation news Yves Le Marquand 20 Jan 23 0 Vertical Aerospace has secured a pre-delivery payment for the reservation of aircraft delivery slots from Japanese trading and investment conglomerate, Marubeni Corporation. Marubeni has reserved… Read more
RedBird Capital amasses over 5% stake in Blade news Yves Le Marquand 18 Jan 23 0 NY-based private equity firm RedBird Capital has now accumulated a more than 5% stake in Blade Air Mobility, according to founder and managing partner, Gerry… Read more
Eviation and Aerus sign LoI for 30 Alices news Yves Le Marquand 18 Jan 23 0 Eviation Aircraft has signed an LoI with Mexican airline, Aerus, for 30 Alice aircraft. The regional airline plans to use Alice for middle-mile travel across… Read more
LCI orders up to 40 Chaparral VTOLs from Elroy Air news Yves Le Marquand 11 Jan 23 0 Operating lessor LCI is broadening its commitment to AAM with an order for up to 40 Chaparral VTOL aircraft from Elroy Air. The order for… Read more
Highlander acquires DZYNE Technologies news Yves Le Marquand 11 Jan 23 0 Highlander Partners has acquired DZYNE Technologies, a UAS manufacturer for government agencies including the US Department of Defense. Since its inception in 2012, DZYNE has… Read more
Lobo Leasing and Air Taurus sign LoI to lease five unmanned Pipistrels news Yves Le Marquand 11 Jan 23 0 Lobo Leasing and Air Taurus have struck a deal to lease five Pipistrel Nuuva V300 unmanned hVTOLs. The two firms, who signed a letter of… Read more
Lilium and eVolare sign initial deal for 10 aircraft news Yves Le Marquand 5 Dec 22 0 Lilium has signed a deal with eVolare, a subsidiary of Volare Aviation, for the purchase of 10 Lilium Pioneer Jets with the option for 10… Read more
Eviation and Northern Territory sign LoI for 20 Alice aircraft news Yves Le Marquand 14 Nov 22 0 Eviation Aircraft has signed a letter of intent (LoI) with Australian operator, Northern Territory Air Services (NTAS) for the purchase of 20 Alice aircraft. Based… Read more
Spright buys 40 Dufour Aerospace Aero2s news Yves Le Marquand 7 Nov 22 0 Spright, the drone division of emergency medical helicopter operator Air Methods, is buying 40 Aero2s from Dufour Aerospace with the option for 100 more. The… Read more
Monte signs LoI with Cranfield for 40 hydrogen-electric conversion kits news Yves Le Marquand 7 Nov 22 0 Monte Aircraft Leasing has signed a Letter of Intent (LoI) with Cranfield Aerospace Solutions (CAeS) to purchase 40 hydrogen-electric modification kits to convert Britten-Norman Islanders.… Read more
Lilium and Saudia announce deal for 100 eVTOLs news Yves Le Marquand 27 Oct 22 0 Saudia Arabia’s national carrier has agreed to purchase 100 Lilium Jets making Saudia the first airline in the region to step into the eVTOL space.… Read more
Revolution.Aero Uplift: Drone Wolf news Yves Le Marquand 6 May 22 0 Wolves survive alone in the wild, but new territory is more readily secured with the pack. Strong alliances make lighter work. Lobo Leasing has done… Read more