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Spirit Airlines and Wayman Aviation Academy Create a Unique South Florida Partnership

Spirit Airlines and Wayman Aviation Academy Create a Unique

Wayman Aviation Academy, one of the newest aviation colleges in the state, announced a unique partnership with Spirit Airlines through their Spirit Wings Pilot Pathway program. The program will provide graduates with easily accessible, local mentorship with Spirit Airlines pilots and a fast track to a career in aviation as a First Officer with the airline.

What also makes this partnership unique is that Wayman Aviation is the only flight college in the country, and in Spirit's program, that trains future pilots using Competency Based Training & Assessment (CBTA), a superior standard of flight training recommended by the International Civil Aviation Organization (ICAO).

"Our partnership with Spirit through its Spirit Wings Pilot Pathway program highlights the level of trust airlines are placing in Wayman Aviation's rigorous training standards," said Eduardo Luy, Vice President of Wayman Aviation.

Wayman Aviation will not only be helping Spirit Airlines tackle the pilot shortage by sending pilots into their ranks sooner, thanks to this program and Wayman's R-ATP certification. They will also provide better-formed pilots armed with CBTA training and an associate's degree in aviation sciences.

"As innovators at one of the best aviation colleges in the state, we have adopted a process called competency-based training which allows our students to be much more advanced in the principles of aviation safety at the early stages of their career compared to students from traditional flight schools," said Tony Shen, President of Wayman Aviation.

Wayman Aviation is excited for this partnership with its hometown airline Spirit as it aligns with Wayman's mission of providing the industry with the best-trained and most well-prepared pilots possible. Their headquarters are located only 15 minutes apart in Broward County, Florida.

ABOUT WAYMAN AVIATION ACADEMY

Wayman's mission is to Change Lives Through Aviation. We take passionate cadets and help them achieve their dreams through rigorous training in quality aircraft with quality instruction. Over the last 35 years, Wayman Aviation has developed into one of the premier flight training colleges in South Florida. Wayman offers full career preparation from FAA certification to college degrees and flows through to airlines such as Republic, Sky West (American, United, Delta), Spirit Airlines, and Silver Airways.

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Allegiant secures financing for airbus a320 ceo and boeing 737 max aircraft

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 providing the airline with healthy liquidity at an attractive cost in today's market. "We are delighted with BNP Paribas and Jackson Square's creativity in providing what we believe is an efficient framework that affords us robust liquidity to support foundational investments in our fleet. This transaction taps into young A320 CEO aircraft and will also serve as the inaugural financing for our Boeing 737 MAX equipment," said Robert Neal, Allegiant's senior vice president and chief financial officer. Allegiant has drawn down $196 million on September 29, and the remainder will be drawn commensurate with its initial 737 MAX deliveries. "Our relationship with BNP Paribas, spanning more than a decade, has been instrumental in our growth as an ultra-low-cost leader. We are thrilled to welcome Jackson Square Aviation as a new partner as we make air travel more affordable and accessible to leisure travelers," added Neal. "We are delighted to provide Allegiant, a long-standing client of the bank, an innovative and first-of-its-kind financing solution which combines bank and lessor capital into one transaction. This transaction allows the airline to maximize value while having more structural flexibility to manage its aircraft fleet versus the more traditional aircraft financing alternatives," said Ankush Chowdhury, managing director & head of transportation banking and capital markets at BNP Paribas. "BNP Paribas is honored to partner with Jackson Square Aviation as we continue to innovate in the world of aviation finance with the goal of providing efficient and thoughtful financing solutions to our aviation clients," added Chowdhury. "It's a great pleasure to have Allegiant as a new airline customer for Jackson Square Aviation and we're pleased to be working together with a long-standing banking partner, BNP Paribas," said Chris Dailey, president & chief commercial officer of JSA. "Combining the strengths of JSA and BNP Paribas, we're able to provide an efficient financing solution for Allegiant's fleet of in-service Airbus A320s and next generation Boeing 737-8-200s, which we're also excited to introduce as a first into our portfolio," said Dailey. Allegiant currently operates an all-Airbus fleet comprised of 127 Airbus A319s and A320s. Allegiant has agreed to purchase up to 130 Boeing 737-7 and 737-8-200 models in a multi-year deal, Boeing's first with an ultra-low-cost carrier in the United States. The new 737 MAX additions will afford the airline flexibility, environmental benefits, and new customer features. AboutAllegiant – Together We Fly Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket.

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Eviation announces Letter of Intent with flyVbird for 25 Alice All-Electric commuter aircraft

PR Newswire | October 17, 2023

Eviation Aircraft, a leading manufacturer of all-electric aircraft, today announced that flyVbird, an emerging on-demand regional airline, has signed a Letter of Intent (LOI) for 25 Alice aircraft, with options for a further 25. flyVbird is committed to enhancing connectivity in rural areas where it will use smaller, more accessible airports. The airline is driven by unique algorithms to deliver on-demand air travel to routes passengers want to fly. It plans to secure its own Air Operator Certificate to utilize Alice for decentralized and sustainable travel across Europe, connecting unconnected or underserved communities worldwide and delivering carbon-free, cost effective, convenient air travel. Leading the Electric Revolution The nine-seater Alice is the world's first flight-tested all-electric commuter aircraft. Built from a clean-sheet design, the Alice produces zero emissions and costs significantly less to operate per flight hour compared with light jets or regular turboprops. It is powered by two magni650 electric propulsion units developed by magniX, the global industry leader in flight-proven electric propulsion systems. "The European Union is moving forward with ambitious new rules aimed at decarbonizing the aviation industry," said Eddie Jaisaree, Vice President, Commercial Sales at Eviation. "The Alice is the innovative and beautifully designed aircraft needed to lead aerospace's transition to net zero carbon emissions. We are very pleased to partner with flyVbird in the future of flight." "The fact that Alice is a zero-carbon, quiet, low operational cost aircraft makes it the perfect solution for flyVbird to deliver clean, on-demand regional travel across Europe into the next decade and beyond," said Anton Lutz, CEO of flyVbird, at the Routes World 2023 Conference in Istanbul. "Through our unique AI-driven approach, we will offer direct alternatives to typical hub-and-spoke operations and Alice will play a critical role." About Eviation Aircraft Based in Washington State, U.S., Eviation Aircraft Inc. develops and manufactures electric aircraft to delight operators and passengers with green, cost efficient and convenient regional transportation. Its electric propulsion units, high-energy-density batteries, mission-driven energy management, and innovative airframe are designed from the ground up for electric flight. Please visit us at www.eviation.com. About flyVbird flyVbird GmbH (formerly flyvirtual.global UG) is an emerging regional airline headquartered in Germany. In lieu of a traditional hub-and-spoke network, flyVbird's airline model is an AI-backed carrier that will use algorithms to schedule flights based on paid bookings. Its focus will be on serving regional airports to offer a faster and more convenient alternative to traditional transport methods.

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Joby Delivers First eVTOL Aircraft to Edwards Air Force Base Ahead of Schedule

Joby | September 28, 2023

Joby Aviation, Inc, a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has delivered its first aircraft to Edwards Air Force Base approximately six months ahead of the expected 2024 delivery date. On-base operations with Joby aircraft will be used to demonstrate a range of logistics missions, including cargo and passenger transportation, and will be operated by both Joby and U.S. Air Force personnel. In partnership with the U.S. Air Force, NASA will also use the aircraft for research focused on how these aircraft could fit into the national airspace, benefiting the entire air taxi industry. Joby’s aircraft, which has already begun flying at Edwards AFB, is the first electric air taxi to be stationed on a U.S. military base and is believed to be the first delivery of an electric air taxi in the U.S., as part of Joby’s $131 million AFWERX Agility Prime contract with the U.S. Air Force. Joby’s current and previously completed work with the Department of Defense represents a total potential contract value of $163 million, the largest in the industry. The Agility Prime contract includes the provisioning of up to nine aircraft to the U.S. Air Force and other federal agencies, reinforcing the U.S. government’s continued leadership in developing and adopting eVTOL technology, and ushering in a new era of electric aviation. A second aircraft is planned to be delivered to Edwards in early 2024. The aircraft, which was the first built on Joby’s Pilot Production Line in Marina, CA, will be stationed at Edwards Air Force Base for at least the next year, with charging and ground support equipment provided on-base by Joby in a facility purpose-built by the Air Force for joint flight test operations. The U.S. Air Force and Joby will conduct joint flight testing and operations to demonstrate the aircraft’s capabilities in realistic mission settings. On-base operations will also include the training of Air Force pilots and aircraft maintenance crews, which will provide the DOD with valuable insight into the performance of eVTOL aircraft and will give Joby on-the-ground operational and training experience as the company prepares for the launch of commercial passenger service in 2025. “We’re proud to join the ranks of revolutionary aircraft that first demonstrated their capabilities at Edwards Air Force Base, including the first American jet fighter, the first supersonic aircraft, and many others that have pushed the boundaries of aviation technology,” said JoeBen Bevirt, Founder and CEO of Joby. “The longstanding support of the DOD and NASA has been critical to the rapid development of electric aviation and eVTOL aircraft, and demonstrates how successful public-private partnerships can bring new technology to life at speed. Their work will have profound implications for continued American leadership in both commercial and defense aerospace technology,” he added. Joby’s partnership with the DOD dates back to its 2016 engagement with the Defense Innovation Unit (DIU), which granted the company early funding as well as access to test ranges and expertise that have aided its aircraft development program. “Agility Prime’s stated objective in 2020 was to work towards an operational capability for transformative vertical lift in the DoD by 2023. The arrival of Joby’s aircraft at Edwards AFB is an important step towards achieving this objective,” said Col Elliott Leigh, AFWERX director and Chief Commercialization Officer for the Department of the Air Force. “The delivery of this first eVTOL aircraft is the start of a new chapter in Edwards’ rich aerospace history,” notes Maj Phillip Woodhull, director, Emerging Technologies Integrated Test Force. “This partners private industry with the 412th Test Wing’s world-renowned test management execution. We are excited to agilely test, experiment with, and evaluate this new technology for potential future national defense applications.” In partnership with the U.S. Air Force’s AFWERX program, NASA will also be supporting this testing at Edwards Air Force Base with NASA’s pilots, researchers, and equipment as part of their commitment to advancing the Advanced Air Mobility industry as a whole, for the benefit of all. NASA’s Armstrong Flight Research Center is located on Edwards Air Force Base, and has a long history of supporting important technological milestones in aviation and space – supersonic and hypersonic flight, digital fly-by-wire control systems, and the space shuttles. “NASA’s participation in the Joby and AFWERX project will provide our researchers with hands-on experience with a representative eVTOL vehicle, concentrated on how these types of aircraft could fit into the national airspace for everyday use, that will inform NASA’s effort in supporting the entire eVTOL industry,” said NASA research pilot Wayne Ringelberg. “The research will include a focus on handling qualities evaluation tools, autonomy, and airspace integration, which is all needed research to push the industry forward.” Over the past year, the U.S. Air Force and Marines have made multiple visits to Joby’s manufacturing and flight test facilities in Marina, CA. Four U.S. Air Force pilots completed full remotely-piloted transition flights of the Joby aircraft in April, and two groups of Marines visited in May to conduct mission analysis regarding potential logistics and medical applications of the aircraft. With a range of up to 100 miles plus energy reserves and a top speed of 200 mph, the Joby aircraft is capable of transporting a pilot and four passengers quickly and quietly with zero operating emissions. The delivery will be celebrated at an event held this morning at 10:00am PT at Edwards Air Force Base. The event can be watched live via this link: https://www.youtube.com/watch?v=6qVLQsz_YJc. Media assets, including photos and videos of the Joby aircraft in flight, are available here. About Joby Joby Aviation, Inc. is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. About AFRL The Air Force Research Laboratory is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development, and integration of affordable warfighting technologies for our air, space and cyberspace force. With a workforce of more than 11,500 across nine technology areas and 40 other operations across the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. About AFWERX The innovation arm of the DAF and a directorate within the Air Force Research Laboratory brings cutting edge American ingenuity from small businesses and start-ups to address the most pressing challenges of the DAF. Employs approximately 325 military, civilian and contractor personnel at six hubs and sites executing an annual $1.4B budget. 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Allegiant secures financing for airbus a320 ceo and boeing 737 max aircraft

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 providing the airline with healthy liquidity at an attractive cost in today's market. "We are delighted with BNP Paribas and Jackson Square's creativity in providing what we believe is an efficient framework that affords us robust liquidity to support foundational investments in our fleet. This transaction taps into young A320 CEO aircraft and will also serve as the inaugural financing for our Boeing 737 MAX equipment," said Robert Neal, Allegiant's senior vice president and chief financial officer. Allegiant has drawn down $196 million on September 29, and the remainder will be drawn commensurate with its initial 737 MAX deliveries. "Our relationship with BNP Paribas, spanning more than a decade, has been instrumental in our growth as an ultra-low-cost leader. We are thrilled to welcome Jackson Square Aviation as a new partner as we make air travel more affordable and accessible to leisure travelers," added Neal. "We are delighted to provide Allegiant, a long-standing client of the bank, an innovative and first-of-its-kind financing solution which combines bank and lessor capital into one transaction. This transaction allows the airline to maximize value while having more structural flexibility to manage its aircraft fleet versus the more traditional aircraft financing alternatives," said Ankush Chowdhury, managing director & head of transportation banking and capital markets at BNP Paribas. "BNP Paribas is honored to partner with Jackson Square Aviation as we continue to innovate in the world of aviation finance with the goal of providing efficient and thoughtful financing solutions to our aviation clients," added Chowdhury. "It's a great pleasure to have Allegiant as a new airline customer for Jackson Square Aviation and we're pleased to be working together with a long-standing banking partner, BNP Paribas," said Chris Dailey, president & chief commercial officer of JSA. "Combining the strengths of JSA and BNP Paribas, we're able to provide an efficient financing solution for Allegiant's fleet of in-service Airbus A320s and next generation Boeing 737-8-200s, which we're also excited to introduce as a first into our portfolio," said Dailey. Allegiant currently operates an all-Airbus fleet comprised of 127 Airbus A319s and A320s. Allegiant has agreed to purchase up to 130 Boeing 737-7 and 737-8-200 models in a multi-year deal, Boeing's first with an ultra-low-cost carrier in the United States. The new 737 MAX additions will afford the airline flexibility, environmental benefits, and new customer features. AboutAllegiant – Together We Fly Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket.

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Eviation announces Letter of Intent with flyVbird for 25 Alice All-Electric commuter aircraft

PR Newswire | October 17, 2023

Eviation Aircraft, a leading manufacturer of all-electric aircraft, today announced that flyVbird, an emerging on-demand regional airline, has signed a Letter of Intent (LOI) for 25 Alice aircraft, with options for a further 25. flyVbird is committed to enhancing connectivity in rural areas where it will use smaller, more accessible airports. The airline is driven by unique algorithms to deliver on-demand air travel to routes passengers want to fly. It plans to secure its own Air Operator Certificate to utilize Alice for decentralized and sustainable travel across Europe, connecting unconnected or underserved communities worldwide and delivering carbon-free, cost effective, convenient air travel. Leading the Electric Revolution The nine-seater Alice is the world's first flight-tested all-electric commuter aircraft. Built from a clean-sheet design, the Alice produces zero emissions and costs significantly less to operate per flight hour compared with light jets or regular turboprops. It is powered by two magni650 electric propulsion units developed by magniX, the global industry leader in flight-proven electric propulsion systems. "The European Union is moving forward with ambitious new rules aimed at decarbonizing the aviation industry," said Eddie Jaisaree, Vice President, Commercial Sales at Eviation. "The Alice is the innovative and beautifully designed aircraft needed to lead aerospace's transition to net zero carbon emissions. We are very pleased to partner with flyVbird in the future of flight." "The fact that Alice is a zero-carbon, quiet, low operational cost aircraft makes it the perfect solution for flyVbird to deliver clean, on-demand regional travel across Europe into the next decade and beyond," said Anton Lutz, CEO of flyVbird, at the Routes World 2023 Conference in Istanbul. "Through our unique AI-driven approach, we will offer direct alternatives to typical hub-and-spoke operations and Alice will play a critical role." About Eviation Aircraft Based in Washington State, U.S., Eviation Aircraft Inc. develops and manufactures electric aircraft to delight operators and passengers with green, cost efficient and convenient regional transportation. Its electric propulsion units, high-energy-density batteries, mission-driven energy management, and innovative airframe are designed from the ground up for electric flight. Please visit us at www.eviation.com. About flyVbird flyVbird GmbH (formerly flyvirtual.global UG) is an emerging regional airline headquartered in Germany. In lieu of a traditional hub-and-spoke network, flyVbird's airline model is an AI-backed carrier that will use algorithms to schedule flights based on paid bookings. Its focus will be on serving regional airports to offer a faster and more convenient alternative to traditional transport methods.

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Joby Delivers First eVTOL Aircraft to Edwards Air Force Base Ahead of Schedule

Joby | September 28, 2023

Joby Aviation, Inc, a company developing electric vertical take-off and landing (eVTOL) aircraft for commercial passenger service, today announced it has delivered its first aircraft to Edwards Air Force Base approximately six months ahead of the expected 2024 delivery date. On-base operations with Joby aircraft will be used to demonstrate a range of logistics missions, including cargo and passenger transportation, and will be operated by both Joby and U.S. Air Force personnel. In partnership with the U.S. Air Force, NASA will also use the aircraft for research focused on how these aircraft could fit into the national airspace, benefiting the entire air taxi industry. Joby’s aircraft, which has already begun flying at Edwards AFB, is the first electric air taxi to be stationed on a U.S. military base and is believed to be the first delivery of an electric air taxi in the U.S., as part of Joby’s $131 million AFWERX Agility Prime contract with the U.S. Air Force. Joby’s current and previously completed work with the Department of Defense represents a total potential contract value of $163 million, the largest in the industry. The Agility Prime contract includes the provisioning of up to nine aircraft to the U.S. Air Force and other federal agencies, reinforcing the U.S. government’s continued leadership in developing and adopting eVTOL technology, and ushering in a new era of electric aviation. A second aircraft is planned to be delivered to Edwards in early 2024. The aircraft, which was the first built on Joby’s Pilot Production Line in Marina, CA, will be stationed at Edwards Air Force Base for at least the next year, with charging and ground support equipment provided on-base by Joby in a facility purpose-built by the Air Force for joint flight test operations. The U.S. Air Force and Joby will conduct joint flight testing and operations to demonstrate the aircraft’s capabilities in realistic mission settings. On-base operations will also include the training of Air Force pilots and aircraft maintenance crews, which will provide the DOD with valuable insight into the performance of eVTOL aircraft and will give Joby on-the-ground operational and training experience as the company prepares for the launch of commercial passenger service in 2025. “We’re proud to join the ranks of revolutionary aircraft that first demonstrated their capabilities at Edwards Air Force Base, including the first American jet fighter, the first supersonic aircraft, and many others that have pushed the boundaries of aviation technology,” said JoeBen Bevirt, Founder and CEO of Joby. “The longstanding support of the DOD and NASA has been critical to the rapid development of electric aviation and eVTOL aircraft, and demonstrates how successful public-private partnerships can bring new technology to life at speed. Their work will have profound implications for continued American leadership in both commercial and defense aerospace technology,” he added. Joby’s partnership with the DOD dates back to its 2016 engagement with the Defense Innovation Unit (DIU), which granted the company early funding as well as access to test ranges and expertise that have aided its aircraft development program. “Agility Prime’s stated objective in 2020 was to work towards an operational capability for transformative vertical lift in the DoD by 2023. The arrival of Joby’s aircraft at Edwards AFB is an important step towards achieving this objective,” said Col Elliott Leigh, AFWERX director and Chief Commercialization Officer for the Department of the Air Force. “The delivery of this first eVTOL aircraft is the start of a new chapter in Edwards’ rich aerospace history,” notes Maj Phillip Woodhull, director, Emerging Technologies Integrated Test Force. “This partners private industry with the 412th Test Wing’s world-renowned test management execution. We are excited to agilely test, experiment with, and evaluate this new technology for potential future national defense applications.” In partnership with the U.S. Air Force’s AFWERX program, NASA will also be supporting this testing at Edwards Air Force Base with NASA’s pilots, researchers, and equipment as part of their commitment to advancing the Advanced Air Mobility industry as a whole, for the benefit of all. NASA’s Armstrong Flight Research Center is located on Edwards Air Force Base, and has a long history of supporting important technological milestones in aviation and space – supersonic and hypersonic flight, digital fly-by-wire control systems, and the space shuttles. “NASA’s participation in the Joby and AFWERX project will provide our researchers with hands-on experience with a representative eVTOL vehicle, concentrated on how these types of aircraft could fit into the national airspace for everyday use, that will inform NASA’s effort in supporting the entire eVTOL industry,” said NASA research pilot Wayne Ringelberg. “The research will include a focus on handling qualities evaluation tools, autonomy, and airspace integration, which is all needed research to push the industry forward.” Over the past year, the U.S. Air Force and Marines have made multiple visits to Joby’s manufacturing and flight test facilities in Marina, CA. Four U.S. Air Force pilots completed full remotely-piloted transition flights of the Joby aircraft in April, and two groups of Marines visited in May to conduct mission analysis regarding potential logistics and medical applications of the aircraft. With a range of up to 100 miles plus energy reserves and a top speed of 200 mph, the Joby aircraft is capable of transporting a pilot and four passengers quickly and quietly with zero operating emissions. The delivery will be celebrated at an event held this morning at 10:00am PT at Edwards Air Force Base. The event can be watched live via this link: https://www.youtube.com/watch?v=6qVLQsz_YJc. Media assets, including photos and videos of the Joby aircraft in flight, are available here. About Joby Joby Aviation, Inc. is a California-based transportation company developing an all-electric, vertical take-off and landing air taxi which it intends to operate as part of a fast, quiet, and convenient service in cities around the world. About AFRL The Air Force Research Laboratory is the primary scientific research and development center for the Department of the Air Force. AFRL plays an integral role in leading the discovery, development, and integration of affordable warfighting technologies for our air, space and cyberspace force. With a workforce of more than 11,500 across nine technology areas and 40 other operations across the globe, AFRL provides a diverse portfolio of science and technology ranging from fundamental to advanced research and technology development. About AFWERX The innovation arm of the DAF and a directorate within the Air Force Research Laboratory brings cutting edge American ingenuity from small businesses and start-ups to address the most pressing challenges of the DAF. Employs approximately 325 military, civilian and contractor personnel at six hubs and sites executing an annual $1.4B budget. Since 2019, has executed 4,671 contracts worth more than $2B to strengthen the U.S. defense industrial base and drive faster technology transition to operational capability.

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