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Elevate Holdings | January 07, 2022
Elevate Holdings, Inc. announces the acquisition of U.S.-based Keystone Aviation, a leading provider of aircraft charter, management, and certified aviation maintenance services. The strategic combination unites two well-established aviation companies with extensive international client bases and long histories of serving the business aviation needs of corporate, government, individual and higher education clients.
By bringing together both entities, Elevate Holdings will continue...
Textron Aviation | May 18, 2020
First Cessna SkyCourier twin utility turboprop takes flight.
The milestone flight is a significant step toward entry into service for the clean-sheet aircraft.
Lilium | March 09, 2022
NetJets Inc., the largest private aviation company in the world, and FlightSafety International, the leader in professional aviation training have signed a Memorandum of Understanding (MoU) with Lilium N.V. (“Lilium”), makers of an all-electric vertical take-off and landing (eVTOL) jet, for a proposed strategic partnership. The arrangement would provide NetJets with the right to purchase up to 150 Lilium aircraft, introducing more options to NetJets owners to complement their existin...
Grupo Aeromexico | September 22, 2020
Grupo Aeroméxico, S.A.B. de C.V. today announced that the Company received approval by the United States Bankruptcy Court for the Southern District of New York to modify the majority of its existing aircraft equipment leases into power by the hour agreements ("PBH Agreements") that will substantially reduce Aeromexico's monthly aircraft and engine costs for the duration of the PBH period. PBH Agreements allow for Aeromexico to reset monthly lease costs based on utilization o...
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