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 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 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...

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 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 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 ...

Customers flying out of Birmingham Airport are to benefit from a simpler, speedier security screening process from June 2024. This investment in the Next Generation Security system will achieve compliance with new Government standards as well as enabling greater numbers of customers to be process...

Finnair has today launched the airline’s new spacious, long-haul look with a brand-new Business Class and exciting new Premium Economy cabin as part of a major investment to enhance the customer experience. The Finnish flag carrier, known for connecting Asia and Europe via the short northern ro...

Southwest Airlines Co. announced a $10 million commitment to Yale University’s Center for Natural Carbon Capture to research technological advancements and find new solutions to reduce net greenhouse gas emissions. The pledge will also support research and educational efforts at the Yale Schoo...

Independent aircraft investment manager partners with established asset management group to target $800 million in aircraft assets 2 November 2021 - ABL Aviation, the global independent aircraft investment management firm, today announced that it has established a joint venture with Ellington Man...

Lithuanian Airports have launched a land lease auction as Kaunas Airport aims to further develop infrastructure for aircraft maintenance, repair, and overhaul (MRO). The airport operator aims to attract foreign and Lithuanian investors via the launched auction. Kaunas Airport is already the large...

Falko Regional Aircraft Limited a market leading aircraft asset management company focused on the regional aircraft sector has made an investment in Electric Aviation Group (EAG). EAG is currently the only independent company in the world, solely focused on the development of a hybrid electric re...

Georgia Power and the Atlanta Airlines Terminal Company (AATC) today announced an approximately $100 million investment in Hartsfield-Jackson Atlanta International Airport's infrastructure to help ensure the highest reliability with the most resilient power system for the world's busiest airport. ...

flypop has announced a significant investment from the UK Government’s Future Fund. flypop, the UK’s only international long-haul low-cost airline, plans to launch in 2021 with scheduled flights to India. It will cater not only to the UK’s Indian/South Asian diaspora (and their visiting friend...

The European Commission on July 3, 2020, under EU State aid rules, has approved the Latvian government's investment of €250 million into the equity of the Latvian airline airBaltic to contribute to overcome the economic crisis caused by COVID-19 and resume growth. The European Commission points...