Mayo Aviation

Aviation Technology

PR Newswire | October 05, 2023

Allegiant Travel Company announced financing commitments for seven Airbus A320 and four Boeing 737 MAX aircraft from BNP Paribas, Europe's leading bank, and Jackson Square Aviation (JSA), a leading global commercial aircraft lessor. The innovative $412M deal combines banking and lessor capital to secure Allegiant's aircraft financing needs into the second quarter 2024, while provid...

Buying Business Travel | February 18, 2020

The global airline industry has seen a 106 per cent increase in revenue earned from the sale of ‘a la carte’ ancillary services since 2015, rising to US$75.6 billion in 2019. Europe – commonly referred to as the ‘birthplace’ of airline a la carte revenue – continues to lead the global charts, with carriers based across the region and Russia taking in US$31.5 billion in 2019, an increase of 122 per cent, according to research by IdeaWorksCompany and CarTrawler....

Air Transport

PRnewswire | June 15, 2023

Venus Aerospace, a Houston-based hypersonic startup enabling cost-effective one-hour global transport, welcomes the new addition of Airbus Ventures to its team of investors. "Venus has developed the world's first liquid-propellant rotating detonation rocket engine (RDRE) with a double-digit percentage increase in efficiency over standard regular engines, making the hypersonic economy possible," remarks Venus Aerospace CEO and co-founder Sassie Duggleby, who goes on...

Business Aviation

Boom Supersonic | January 12, 2022

Boom Supersonic, the aerospace company building the world's fastest and most sustainable supersonic airliner, today announced it has entered into a three year strategic partnership with the U.S. Air Force valued at up to $60 million. The Air Force awarded this contract to Boom through its innovation arm, AFWERX, and its AFVentures division, which is designed to accelerate commercial technologies. Known as the Strategic Funding Increase (STRATFI), the STRATFI contract awarded to Boom is one o...