Lygg, a door-to-door air mobility start-up from Finland has raised €3.6 million to expand its private routes to more locations in Europe and beyond. The funding round was led by Superhero Capital alon...
VSE Corporation closed its previously announced acquisition of Desser Holding Company LLC (Desser Aerospace). VSE also sold Desser Aerospace’s Proprietary Solutions businesses to the Loar Group. Excit...
Stratus Financial has closed a new credit facility for $30 million to fund the education of aspiring pilots planning to pursue their aviation dream. "We are excited to announce the successful close of...
AIP Capital closed a minority investment and joint venture agreement with Dreamstone Aviation Partners (DAP). AIP will hold ~30% of the shares in DAP and will join the board of directors. The joint ve...
Temasek Holdings, the state investor in Singapore Airlines (SIA) is planning to sell around $295 million shares or 1.85% stake in SIA, Reuters report. Temasek had a direct and deemed interest in appro...
South Korea’s SK Telecom (SKT) has made an equity investment of $100 million in Joby Aviation as a part of extended partnership between the two companies. The agreement paves way for Joby to participa...
Cash-strapped Pakistan International Airlines (PIA) has received another lease of life with a supplementary grant of $14 million from the Pakistan government. With this grant the airline aims to pay o...
Indigo became India's first aviation company to cross INR 1 trillion market capital after its shares hit a record high with 29% gains so far this year. Indigo ranks 10th in terms of market value among...
Azul has confirmed that a group accounting for roughly 86% of holders of bonds expiring in 2024 and 2026 have agreed to the exchange offer proposed by the company to delay its maturities to 2029 and 2...
Copa Airlines hosted an Investor Day at the New York Stock Exchange on June 22 where the company outlined its prospects for growth and margin expansion. Copa’s management team detailed the company’s g...
Delta Air Lines has raised its full-year forecast and expects to report 2023 adjusted profit in the range of about $5 per share to $6 per share citing strong demand and more expensive fare classes tha...
easyJet has signed a new undrawn $1.75bn five-year sustainability-linked term loan, which has been underwritten by a syndicate of banks and supported by a partial guarantee from UK Export Finance unde...
We're Social