Norse Atlantic has successfully raised NOK 300 million ($30 million) through a conditional private placement of 120 million new shares. Proceeds of the placement will be used as a cash buffer for the airline’s subsidiary Norse Atlantic UK. Norse secures financial...
Last week, Rolls-Royce celebrated a “huge milestone” as it announced on Twitter that the Trent 7000 has cleared one million flying hours on the Airbus A330neo since 2019. But on that same day, TAP Portugal CEO Christine Ourmieres-Widener told AviationSource in Lisbon...
Archer Aviation has unveiled the production version of its eVTOL vehicle, which it hopes to get certified in the second half of 2024 and enter service in 2025. The Midnight is the successor of the Maker demonstrator that has been used for testing. Archer unveils...
JetBlue has selected Paris as its second European city for transatlantic services. It will launch services from New York JFK next summer, to be followed later by Boston Logan to Paris CdG, the airline announced on November 16. JetBlue to add Paris to its transatlantic...
GKN Aerospace achieved a major milestone in delivering a ground-based demonstrator of a liquid hydrogen aircraft fuel system. The demonstrator was designed, built, and tested in collaboration with Filton Systems Engineering under the Innovate UK-funded Safe Flight...
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