Nordic Aviation Capital

Business Aviation

Aviation Capital Group | April 13, 2022

Aviation Capital Group LLC (“ACG”) announced today the secured financing of two Airbus A321neo LR aircraft for TAP Air Portugal (“TAP”). This financing marks the fifth use by ACG’s Aircraft Financing Solutions (“AFS”) program of its $650 million secured funding facility. This allowed ACG to provide a senior secured loan to TAP and to partner with Novus Aviation Capital (“Novus”), who provided complementary mezzanine financing. ...

Commercial Aviation

Eve Urban Air Mobility Solutions | November 11, 2021

Embraer's Eve Urban Air Mobility Solutions, Inc. (Eve), an Embraer company (B3: EMBR3,NYSE: ERJ), and Widerøe Zero signed a Memorandum of Understanding (MoU). This partnership aims to develop Urban Air Mobility (UAM) solutions, with a focus on deployment of eVtol operations in Scandinavia. The relationship between the two organizations began in 2017, when Widerøe signed an order for up to 15 E190-E2. The largest regional airline in Scandinavia is also the launch ...

Commercial Aviation

Nexteon Technologies | August 25, 2021

Nexteon Technologies, Inc., a leader in advanced aviation technologies, announced today that it has completed the first in-flight test simulating a cyberattack on an Automatic Dependent Surveillance-Broadcast (ADS-B)-equipped aircraft. During the 30-minute flight, Nexteon’s SecureTrack™ technology was able to successfully detect and characterize the intrusion and generate security alerts. The test was conducted on July 26 in the Washington Air Route Traffic Control Cen...

Aerospace

H3 Dynamics | November 24, 2022

The future of hydrogen aviation powered by H3 Dynamics’ distributed hydrogen propulsion nacelles has taken flight for the very first time in France. Following the announcement of its hydrogen aviation concept back in 2018, H3 Dynamics managed to become a topic at an Oval Office press conference on the very next day, and started what is now a global hydrogen aviation movement. In November 2021, H3 Dynamics completed its first working hydrogen propulsion nacelle prototype. In July 2022, the ...