Advanced Integration Technology

Cargo Management

AELF FlightService | April 28, 2022

AELF FlightService announced today that its fifth Airbus 330-200 (registered as 9H-CFS) is officially on certificate, flying in passenger-to-freighter (PTF) configuration. The aircraft commenced its first commercial flight in PTF configuration on April 23, flying from Vietnam to the U.S. The addition of 9H-CFS puts the group in a leading position among ACMI widebody charter operators in the world in terms of fleet size. Its five A330s are currently in PTF configuration, in which p...

Aerospace

PR Newswire | September 12, 2023

Eviation Aircraft, a manufacturer of all-electric aircraft, today announced that Solyu, a leasing company based in Seoul, South Korea, has signed a Letter of Intent (LOI) for 25 commuter Alice aircraft with options for 25 additional aircraft. Solyu is focused on supporting sustainable aviation by providing financing and leasing solutions for the Alice to a global customer base of operators. Read More

Aviation Technology

Vance Street Capital LLC | October 21, 2021

Vance Street Capital LLC a Los Angeles-based private equity firm, today announced the acquisition of McFarlane Aviation, Inc. ("McFarlane"), the leading designer and manufacturer of aftermarket PMA parts for the general aviation industry. This proprietary transaction represents the fourth platform investment out of Vance Street Capital III L.P. and leverages the firm's expertise in aerospace and highly engineered components. Terms of the transaction were not disclosed.
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Business Aviation

JOBY AVIATION | January 10, 2022

Joby Aviation Inc. (NYSE:JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today confirmed it received FAA Special Airworthiness Certification and US Air Force Airworthiness Approval for a second pre-production prototype aircraft in December 2021, as expected. The first pre-production prototype generated 65 terabytes of test data in 2021, flying more than 5,300 miles, including what is believed to be the longest flight of an eVTOL...