EuroAtlantic Airways (EAA), a leading Portuguese provider of wet-leasing and charter solutions and a portfolio company of Njord Partners, has finalized an agreement to acquire two Boeing 777 aircraft. This acquisition reinforces the company’s fleet and enhances its ability to…
The global Urban Air Mobility (UAM) market, valued at $5.4 billion in 2023, is expected to grow at a compound annual growth rate (CAGR) of 12.9%, reaching $12.6 billion by 2030, according to the recently released “Urban Air Mobility –…
Textron Aviation, a subsidiary of Textron Inc. (NYSE: TXT), has revealed a purchase agreement with AIR Marshall Islands Inc. (AMI) for two Cessna SkyCourier aircraft. Both planes, configured as passenger variants, will support travel across the Marshall Islands, enhancing connectivity…
SkyDrive Inc., a leading Japanese manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, has announced a strategic partnership with SAI Flight, one of South Carolina’s largest private jet charter companies, and Greenville Downtown Airport, the state’s busiest general aviation…
American Airlines welcomed hundreds of students from over 30 historically Black colleges and universities (HBCUs) to Charlotte, North Carolina, for the ninth annual BE Smart Hackathon. Held in November, the event, themed “All Code No Switch: Authentically Intelligent,” marked the…
Volato Group, Inc. (NYSE American: SOAR) (“Volato” or the “Company”) announced its financial results for the third quarter ending September 30, 2024. The report showcases initial achievements under a newly launched turnaround strategy designed to build a robust foundation for…
Textron Aviation has announced significant progress in the certification program for the Cessna Citation Ascend, a midsize corporate jet set to debut in 2025. The aircraft will feature cutting-edge enhancements to the Garmin G5000 avionics suite, promising transformative technological advancements…
Eaton, an intelligent power management company, has been awarded a $3.5 million contract by the Air Force Research Lab (AFRL) to develop an advanced podded refueling boom, which will enable both traditional and emerging tanker aircraft to perform in-flight refueling…
Archer Aviation Inc. (NYSE: ACHR) has released its financial and operational results for the third quarter ended September 30, 2024. The company also published a shareholder letter outlining its performance for the quarter, as well as its estimates for the…
China Eastern Airlines (CEA) has signed 19 procurement agreements with 18 companies from ten countries and regions—including France, the UAE, Germany, Canada, the U.S., Switzerland, Turkey, and Singapore—at the 7th China International Import Expo (CIIE), held in Shanghai from November…
Archer Aviation Inc. (NYSE: ACHR) and Soracle Corporation—a newly established joint venture between Japan Airlines and Sumitomo Corporation—have signed agreements to introduce advanced air mobility (AAM) services in Japan. Soracle intends to deploy Archer’s Midnight electric aircraft for air taxi…
Airgain, Inc. (NASDAQ: AIRG), a top provider of wireless connectivity solutions, has announced the launch of AT-Flight, an advanced asset tracker tailored for the healthcare and life sciences IoT sectors. Built to monitor high-value, temperature-sensitive assets, AT-Flight offers real-time tracking…