Stobart Air

Aerospace

Global Crossing Airlines | March 21, 2022

Eve UAM, LLC ("Eve"), an Embraer S.A. ("Embraer") company, and Global Crossing Airlines Group, Inc. ("GlobalX") have signed a Letter of Intent (LoI) to order up to 200 of Eve's electric vertical take-off and landing aircraft (eVTOL). This potential sale is included in Eve's current order backlog of up to 1,785 eVTOLs. The company expects to start the deliveries in 2026. The agreement also enables a promising partnership that intends to explore...

Aerospace

VSE Corporation | February 02, 2023

On February 1, 2023, VSE Corporation, one of the leading providers of aftermarket distribution and MRO (maintenance, repair, and overhaul) services for land, air and sea transportation assets for government and commercial markets, announced its Acquisition of Precision Fuel Components, LLC ("Precision Fuel"), in all cash-based transactions, this transaction will directly help VSE's Aviation segment. Precision Fuel is a Washington-based top-market MRO service provid...

Aerospace

Ascent Aerospace | September 05, 2022

Ascent Aerospace, a leading provider of aerospace tooling systems, factory automation and integration services, will be an exhibitor at the International Manufacturing Technology Show in Chicago, IL at McCormick Place from September 12-17, 2022. As the largest show in the Western hemisphere, and this year being co-located with Hannover Messe, it will be the event of the year with over 2,000 booths and 9 application focused pavilions to cater to each and every industry need. This year at I...

Defense and Space

Electra Aero | June 09, 2022

Electra.aero, Inc. a next-gen aerospace company with a mission to help decarbonize aviation and open new air transportation markets, announced today that it has acquired California-based Airflow.aero, Inc. The transaction, which closed on June 2, creates a powerful addition to the rapidly emerging advanced air mobility market. The announcement was made at the UP.Summit, an annual gathering of leaders in transportation innovation hosted by investment firm UP.Partners. Both Electra ...