KPMG have been appointed by Lilium to find a buyer for the insolvent company's assets. First investor briefings will start soon. The appointment comes following the court in Weilheim's approval...
Read MoreSignia Aerospace has announced the completed acquisition of Goodrich Hoist & Winch, a helicopter rescue hoists and aircraft cargo winch company, from Collins Aerospace. The company will be rebranded as...
Read MoreBeta has raised a further $318 million in Series C equity capital. The Qatar Investment Authority (QIA) took on the lion’s share of the investment, although Beta’s larger investors, notably...
Read MoreWith 43 orders so far this year, the Super Puma remains a strong performer for Airbus Helicopters. Photo: Airbus Helicopters Airbus Helicopters has posted its Q3 results, which paint a...
Read MoreEve Air Mobility has announced a US$50 million loan from Citibank, increasing the company’s 2Q24 pro-forma liquidity to $480 million. “Eve continues to attract new investors, a sign of the...
Read MoreIt would seem that the sun is setting on Lilium. Photo Lilium Shares in eVTOL developer Lilium N.V. have crashed on the Nasdaq exchange following the company’s filing with the...
Read MoreBrazil’s National Development Bank (BNDES) has agreed to loan Eve Air Mobility US$ 88 million to develop its electric vertical take-off and landing (eVTOL) aircraft production facility in Taubaté. “We...
Read MoreBell has appointed Japan General Aviation Service (JGAS) as the new Bell 505 authorised reseller for the Japanese market. Founded in 2009, JGAS is a leading Japanese aerospace business, dealing...
Read MoreLilium’s Enders said that a failure to secure government support could be fatal. Photo: Lilium As the wait continues to see if Germany’s Bavarian and Federal governments will agree to...
Read MoreSpeaking to a gathering of Robinson owners and operators at UK distributor Sloane Helicopters today, Robinson Helicopter CEO David Smith advised the audience to keep their eyes open for a...
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