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AEROSPACE
Eviation Aircraft | January 18, 2023
All-electic aircraft manufacturer, Eviation Aircraft Inc., announced yesterday that Aerus, an emerging local airline in Mexico, has signed a Letter of Intent (LOI) for its 30 Alice aircrafts. Aerus plans to use Alice for middle-mile travel across regions like Nuevo León, Tamaulipas, Coahuila, and Veracruz. This will provide underserved communities in the northern parts of the country access to convenient, carbon-free and economical air travel. With a seating capacity of 9...
BUSINESS AVIATION
Eve; Azorra | December 22, 2021
Eve Air Mobility, an Embraer company, and Azorra, a longstanding partner and lessor of Embraer aircraft, signed a Letter of Intent (LOI) to order up to 200 of Eve's electric vertical take-off and landing (eVTOL) aircraft. This collaboration, in addition to the investor partnership announced today, confirms Azorra and Eve's joint commitment to provide accessible transportation and infrastructure solutions for early adopters of the Urban Air Mobility (UAM) industry. Eve'...
AIR TRANSPORT
ZeroAvia | October 10, 2022
ZeroAvia, the leader in developing zero-emission solutions for commercial aviation, today announced that it has acquired in full the leading fuel cell stack innovator HyPoint. The financial terms of the deal were not disclosed.The acquisition adds HyPoint's advanced high-temperature fuel cell technology - a promising avenue for increasing power output and energy density of aviation fuel cell powertrains - to ZeroAvia's already leading expertise in developing the full powertrain to ...
Spirit | July 17, 2020
The brief bout of recovery recently witnessed in air travel demand while social lockdowns were being lifted and travel restrictions eased seems to have stalled once again amid the rising tide of new COVID-19 cases in the U.S., particularly in western and southern parts of the country. Although Americans are eager for an escape after months of stay-at-home orders and tempted to take advantage of the summer months when they typically vacation, the virus’ strong resurgence and uncontrolled co...
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AVIATION TECHNOLOGY
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