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Aviation Technology
New State Capital Partners | December 23, 2021
New State Capital Partners ("New State") announced the acquisition of AVEX ("AVEX" or "the Company"), a leading provider of sales and maintenance for the Daher TBM turboprop aircraft in North America. New State is acquiring the Company from its founder, Terry Winson, who is retiring. Terms of the transaction were not disclosed. Founded in 1985, with operations in California and Colorado, AVEX is the exclusive distributor of new TBM aircraft in the sou...
Lufthansa Group | July 28, 2020
Lufthansa Group’s flagship carrier Lufthansa has reinstated flights between Frankfurt International airport and New York City’s John F Kennedy International airport after four months of suspension due to the coronavirus global health emergency. The Frankfurt, Germany-based airline says on 27 July it will fly an Airbus A330-300 five times weekly between its largest hub and New York City, beginning the same day. At the end of August, it will operate daily flights on the route fo...
Simple Flying | January 20, 2020
American Airlines is about to lose access to one of the biggest airline networks in South America, LATAM, as the carrier switches over to supporting Delta. Delta Air Lines pulled the rug out from under American Airlines by purchasing 20% of LATAM in 2019 for USD$1.9 billion. American Airlines was codeshared with LATAM and now stands to lose access to LATAM’s impressive South American network....
Business Aviation
Embraer | December 30, 2021
BAE Systems and Embraer Defense & Security have announced plans to embark on a joint study to explore the development of Eve's electric Vertical Take Off and Landing (eVTOL) vehicle for the defence and security market. The joint study builds on Eve's development for the urban air mobility market and will look at how the aircraft could provide cost-effective, sustainable and adaptable capability as a defence variant. Engineers from BAE Systems' ...
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