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Vance Street Capital LLC | October 21, 2021
Vance Street Capital LLC a Los Angeles-based private equity firm, today announced the acquisition of McFarlane Aviation, Inc. ("McFarlane"), the leading designer and manufacturer of aftermarket PMA parts for the general aviation industry. This proprietary transaction represents the fourth platform investment out of Vance Street Capital III L.P. and leverages the firm's expertise in aerospace and highly engineered components. Terms of the transaction were not disclosed. Read More
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...
Stratolaunch | June 10, 2022
Stratolaunch announces the completion of its sixth flight test of Roc, the world's largest flying aircraft. The aircraft flew for 1 hour and 26 minutes over the Mojave Desert and reached an altitude of 15,000 feet. The sixth flight focused on continuing Roc's flight envelope expansion with the recent addition of the pylon on the aircraft's center wing. The pylon, comprised of a mini-wing and adapter, will be used to safely carry and release reusable, rocket-powered Tal...
Business Aviation, Commercial Aviation
United Airlines | September 15, 2022
United and Emirates announced a historic commercial agreement today that will enhance each airline's network and give their customers easier access to hundreds of destinations within the United States and around the world.United will launch a new direct flight between Newark/New York and Dubai starting in March 2023 – from there, customers can travel on Emirates or its sister airline flydubai to more than 100 different cities. Tickets for United's new Dubai flight are now on sale.S...
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