Tag: investment

Avelo Airlines announces capital raise to fund next phase of growth

Avelo Airlines announces capital raise to fund next phase of growth

Avelo Airlines today announced it has closed on a new round of significant growth capital to support its continued expansion across the United States and the Caribbean. This financing round represents the single largest investment in Avelo Airlines since the company’s initial Series A funding. ...

United Invests in next-gen blended wing aircraft start-up JetZero

United today announced an investment in blended wing body (BWB) aircraft start-up JetZero. The company is creating an aircraft design that has the potential to deliver jet fuel efficiency and a greatly enhanced customer experience. The investment includes a path to order up to 100 airplanes an...

AviAlliance announces £350m investment plans for AGS Airports and appointment of new chair

AviAlliance has announced plans to invest £350 million in the future growth and decarbonisation of AGS Airports over the course of the next five years following its recent acquisition of the group which comprises Aberdeen, Glasgow and Southampton airports. AviAlliance, one of the world's leading...

IAG invest in turning used tyres into sustainable aviation fuel

IAG has invested in Wastefront, a leading tyre-to-fuel company, who plan to turn used tyres into Sustainable Aviation Fuel (SAF). The SAF will be made by converting waste tyres into tyre derived oil, which is then refined into road fuels and SAF. The SAF produced is expected to give life cycle...

Heathrow announces £2.3bn accelerated investment plan

In the largest private sector capital investment in the UK’s transport network, Heathrow announces a £2.3 billion investment over the next two years to upgrade the airport, ensuring the UK’s only hub airport and international gateway continues to move forward and provide better service for pass...

British Airways makes multi-million investment in Cardiff base

British Airways has announced a multi-million pound investment in its engineering maintenance facility at Cardiff Airport. The planned investment will expand one of three existing maintenance bays at British Airways Maintenance Cardiff (BAMC) to facilitate larger long-haul A350 aircraft. When ...

Changi Airport to invest $3bn over six years

Changi Airport to invest S$3bn over six years

Changi Airport Group (CAG) will invest S$3bn over the next six years in Singapore Changi Airport Terminals 1 to 4 to improve services such as baggage handling, check-in, immigration and Skytrain connections between terminals, as well as to replace end-of-life systems to facilitate smoother passenger...

Stansted Airport to benefit from £1.1bn investment to boost growth

Stansted Airport to benefit from £1.1bn investment to boost growth

£1.1bn will be invested in Stansted Airport to boost the British economy, UK prime minister Sir Keir Starmer announced today at the International Investment Summit. The five-year investment is expected to double the airport's annual economic contribution to the UK to £2bn and create 5,000 new j...

Alaska Airlines announces investment in JetZero to propel innovative aircraft technology

Alaska Airlines announced today an investment in JetZero, a pioneering company developing a new blended-wing body (BWB) aircraft that will provide up to 50% less fuel burn and lower emissions. Alaska invested as part of JetZero's Series A last year and is the first airline to do so. The invest...

AIP Capital announces investment in EastarJet and leasing of five new Boeing 737 Max 8 aircraft

AIP Capital, a global aviation asset management and investment firm, announces the closing of an LP investment in a VIG Partners fund which holds a control investment in Korean low-cost carrier, EastarJet, and placement of five new Boeing 737 MAX 8 aircraft. Two aircraft delivered to EastarJet in...

United

United Announces $5 Million Investment in Carbon Capture Company Svante

United today announced its $5 million investment in carbon capture technology company Svante, who provides materials and technology as part of the value chain that has the potential to convert CO2 removed from the atmosphere and from industrial emission sources into sustainable aviation fuel (SAF...

Hans Airways restructures, secures new investment

Hans Airways today announces the successful completion of a new round of financing which will enable it to progress plans to commence scheduled air services between Birmingham and Amritsar in India - and satisfy existing financial obligations. Hans Airways has satisfied the Civil Aviation Authori...

British Airways’ community fund invests into projects across the UK

Since launching in April, the BA Better World Community Fund has delivered more than £760,000 of funding to support 30+ charities across the UK. The funds have been raised in partnership with Crowdfunder, combining generous donations from the airline’s customers, the wider public and contributi...

American Airlines Announces Investment in Hydrogen-Electric Engine Developer ZeroAvia

American Airlines today announced its investment in ZeroAvia, a leader in hydrogen-electric, zero-emission aviation. In addition to the investment, a memorandum of understanding provides American the opportunity to order up to 100 engines from ZeroAvia’s hydrogen-electric powertrain development...

Alaska Airlines makes significant investment in sustainable aviation fuel

Alaska Airlines announced today it has finalized an agreement with biofuel company Gevo Inc., to purchase its most significant sustainable aviation fuel (SAF) offtake commitment to date – 185 million gallons of SAF over five years starting in 2026. This agreement was developed alongside others ...

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