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Archer deepens relationship with automotive powerhouse Stellantis

Archer deepens relationship with automotive powerhouse Stellantis

by Richard Schuurman | Jan 4, 2023 | Advanced Air Mobility, Aerospace, eVTOL | 0 comments

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 two...
Delta deal with Joby gives it an edge in AAM market

Delta deal with Joby gives it an edge in AAM market

by Richard Schuurman | Oct 11, 2022 | Advanced Air Mobility, Airlines | 0 comments

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 the US, which should be in...
Air France-KLM in talks with Apollo over engine sale deal

Air France-KLM in talks with Apollo over engine sale deal

by Richard Schuurman | May 23, 2022 | Airlines | 0 comments

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 affiliate. Air France-KLM...
NAC hopes to exit Chapter 11 by the end of May

NAC hopes to exit Chapter 11 by the end of May

by Richard Schuurman | Apr 20, 2022 | Aerospace, Lessors, Nordic Aviation Capital | 0 comments

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 “overwhelming...

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