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Business Aviation

Vertical Aerospace | February 19, 2022

Vertical Aerospace (Vertical) [NYSE: EVTL] notes Avolon’s announcement today that it will partner with AirAsia Aviation Group Ltd (AirAsia), Asia’s leading low-cost airline, to create a transformational ride sharing platform in Southeast Asia, including a non-binding memorandum of understanding to lease a minimum of 100 VX4s, Vertical’s flagship electric aircraft. As announced in June 2021, Avolon, the world’s second largest aircraft lessor, pre-ordered 500...

American Airlines | June 19, 2020

American Airlines is temporarily banning a customer who was kicked off a flight in New York this week for refusing to wear a face mask on board, a requirement on major U.S. airlines that aims to curb the spread of Covid-19. American said crew asked the traveler to get off Flight 1263 at New York’s LaGuardia Airport on Wednesday after he wouldn’t put on a mask and that he complied with their request to leave....

Business Aviation

DroneUp | July 14, 2022

DroneUp, LLC, an autonomous drone delivery platform and leading drone services provider, announced the appointment of Sebastian Babiarz as its head of European airspace innovation based in Poland. Seb brings 20 years of drone and telecom experience across Europe to one of the fastest-growing drone service providers in North America. Seb was recently COO at Dronehub, the drone-in-a-box provider for automated monitoring and data collection. Before that, he was head of strategic business developmen...

Alaska Airlines | July 06, 2020

Alaska Airlines has raised over $1.1 billion through the issuance of Equipment Notes secured by 61 aircraft. The airline will use the money for general corporate purposes to help it weather the current crisis. This comes as the airline charts a path forward to remain competitive and preserve liquidity....