Will Lufthansa once more have to repay the German state aid?
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Archer deepens relationship with automotive powerhouse Stellantis
Fresh into the new year, Archer Aviation has announced a further deepening of its partnership with Stellantis. The automotive giant will take an equity share in the Advanced Air Mobility start-up and also join forces to manufacture the Midnight eVTOL, the…
Delta deal with Joby gives it an edge in AAM market
Delta Airlines plans to launch eVTOL city-to-airport services in New York and Los Angeles together with Joby Aviation. More cities in the US and even the UK could follow later. Delta anticipates being the first to offer eVTOL services in…
Air France-KLM in talks with Apollo over engine sale deal
Air France-KLM intends to sell part of the equity of Air France Engineering & Maintenance to Apollo Global Management, a New York-based asset management company. The negotiations are for a number of spare engines that are owned by the AF…
NAC hopes to exit Chapter 11 by the end of May
Lessor Nordic Aviation Capital (NAC) expects to exit Chapter 11 bankruptcy protection before the end of May following the approval of its restructuring plan by the Eastern District of Virginia Bankruptcy Court. NAC said on April 19 that it had received…