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Avolon, ADIA and I Squared Capital launch Constellation Aviation leasing platform
Avolon, Abu Dhabi Investment Authority and I Squared Capital have launched Constellation Aviation, a new aircraft leasing and infrastructure investment platform.
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Business
The latest business aviation news and analysis.
Archer Aviation and ITA Airways Plan Electric Air Taxis in Italy
Archer Aviation and ITA Airways announced plans to bring electric air taxis to Italy.
One Jet, One Week: What a VistaJet Global Tour Reveals
Tracking VistaJet's 9H-VIL across Europe and the Americas for a week exposes the range, logistics and economics that keep business aviation moving.
Archer Aviation Unveils Air Taxi Networks for Dallas-Fort Worth, Houston and Austin
Archer Aviation has announced plans for three electric air taxi networks serving Dallas-Fort Worth, Houston and Austin in Texas.
CAE to Sell Flightscape Airline Operations Software to SITA in $500 Million Deal
CAE has agreed to sell its airline operations software business Flightscape to air transport IT provider SITA in a deal valued at $500 million.
Martin Aviation Opens Aircraft Maintenance Facility at Cullman Regional Airport
Martin Aviation opened a 13,000-square-foot maintenance facility at Cullman Regional Airport - Folsom Field, adding turbine maintenance services on the field.
Boom Supersonic to Build $150 Million Turbine Factory Near Centennial Airport
Boom Supersonic plans to hire 500 people and open a factory near Centennial Airport to build natural-gas turbines that let data centers generate power without grid electricity or water.
Boom Supersonic to Build Data Center Turbines at New Colorado Factory
Supersonic aircraft maker Boom will build turbines to power data centers at a new factory in Centennial, Colorado.
Skyfly Secures $10 Million to Commercialize Axe Personal eVTOL
UK eVTOL developer Skyfly has raised $10 million in seed funding to bring its two-seat Axe personal eVTOL aircraft to market.
Boeing Introduces Dataliner Aircraft Data Intelligence Platform
Boeing has launched Dataliner, a new aircraft data intelligence platform for commercial aviation customers.
Reliable Robotics Raises $115 Million, Reaching $1 Billion Valuation
Reliable Robotics, an aviation startup founded by a SpaceX alum, has raised $115 million in a round that values the company above $1 billion.
Cirrus Aircraft Expands Grand Forks Composite Manufacturing and Duluth Warehousing
Cirrus Aircraft is expanding its composite manufacturing operations in Grand Forks and its warehousing in Duluth, according to Aviation International News.
AirQuest Aviation Named Authorized Piper Service Center
AirQuest Aviation has been named an Authorized Piper Service Center, expanding support for Piper's PA46, M500, M600, and M700 aircraft.
Cirrus Aircraft Opens New 60,000-Square-Foot Warehouse in Duluth
Cirrus Aircraft has opened a new 60,000-square-foot warehousing center in Duluth, Minnesota to support parts storage and growth in aircraft production and aftermarket services.
AURELIUS Completes Acquisition of Marshall Aerospace
Private equity investor AURELIUS has completed its acquisition of UK aerospace and defence specialist Marshall Aerospace, funding the company's relocation from Cambridge.
Jury Orders Joby Aviation to Pay $116.9 Million in Aerosonic Trade Secrets Case
A federal jury in Tampa ordered eVTOL developer Joby Aviation to pay about $116.9 million to avionics supplier Aerosonic over misappropriated trade secrets.
Joby Aviation Hit with $116.9 Million Verdict in Trade Secrets Lawsuit
Joby Aviation was hit with a $116.9 million verdict in a trade secrets lawsuit, the Los Angeles Times reported.
US Slows Aircraft-Part Exports to China Amid Trade Negotiations
The United States has slowed exports of aircraft parts to China as the administration seeks leverage in trade negotiations, according to Reuters.