Volocopter, the pioneer of urban air mobility, has raised USD 170 million in the initial signing of its Series E funding round led by South Korean investor WP Investment, at a pre-money valuation of USD 1.7 billion. Composed of funds by new and existing investors, the money raised will assist with the certification of Volocopter’s […]
International News
IBAC Supports Women in Corporate Aviation with IS-BAO and IS-BAH Workshop Scholarships
The International Business Aviation Council (IBAC) announced the offering of two scholarships for the International Standard for Business Aircraft Operators (IS-BAO) and International Standard for Business Aircraft Handling (IS-BAH) workshops. Submissions for applications are being accepted at the Women in Corporate Aviation (WCA) website with a membership login and ends 25 March 2022. IBAC Auditor […]
FAA Releases Joint Statement with United Kingdom CAA on eVTOL Aircraft
The Federal Aviation Administration (FAA) and the United Kingdom Civil Aviation Authority recognize the potential of electric vertical take-off and landing (eVTOL) and other Advanced Air Mobility (AAM) aircraft to significantly benefit the public. To support future eVTOL aircraft development and operation, the US and UK civil aviation authorities are engaged in a range of […]
MIA Says Benvenuta to ITA Airways
Miami-Dade County and ITA Airways officials hosted a ribbon-cutting ceremony at Miami International Airport on March 1 to celebrate the launch of Rome-Miami service by the new national airline of Italy. ITA Airways is beginning the new service with three weekly roundtrip flights, which will grow to five weekly flights in April and then increase […]
Air Canada Launches New MSP Route to Montreal
There are more air travel options north of the border for Minnesotans this summer. Air Canada announced a major network expansion with the release of its 2022 summer schedule, which includes a new route between Minneapolis-St. Paul International Airport (MSP) and Montréal-Trudeau International Airport (YUL). Air Canada will begin the daily, year-round route between MSP […]
IADA Embraces GAMA’s Increasing Deliveries
The International Aircraft Dealers Association is heartened that the delivery numbers for new business aircraft released by the General Aviation Manufacturers Association show an increase in new turbine airplanes entering the marketplace. In addition, IADA is pleased with the prospects for even greater new aircraft manufacturing activity in the coming years from GAMA companies and […]
GAMA Releases 2021 Aircraft Shipment and Billings Report
The General Aviation Manufacturers Association (GAMA) released the 2021 General Aviation Aircraft Shipments and Billings Report during its annual State of the Industry Press Conference last week. Overall, when compared to 2020, all aircraft segments saw increases in shipments and preliminary aircraft deliveries were valued at $25.2 billion, an increase of 10.2%. “The strength and tenacity […]
EBACE2022 to Feature Speaker Maya Ghazal, Groundbreaking Refugee Pilot
Maya Ghazal, pioneering pilot and celebrated Goodwill Ambassador for UNHCR, the UN Refugee Agency, will be a featured speaker at the 2022 European Business Aviation Convention & Exhibition (EBACE2022) in Geneva, Switzerland. Ghazal’s remarks will be part of a weeklong series of presentations meant to inform and inspire, taking place in the EBACE Innovation Zone. […]
DXB Retains Title of World’s Busiest International Airport for 8th Consecutive Year
Dubai International (DXB) continues to be the world’s busiest airport by international passenger numbers for the eighth consecutive year after clocking 29.1 million in annual traffic in 2021. DXB’s annual traffic exceeded forecasts for the year by more than half a million passengers, on the back of a strong last quarter. Paul Griffiths, CEO of […]
B-29 Doc returning to EAA AirVenture Oshkosh in 2022
Doc, one of two airworthy Boeing B-29s in the world, will be returning to EAA AirVenture Oshkosh in 2022 for air show appearances and static displays during the week. While the exact appearance schedule is still being finalized, the aircraft will be parked on Boeing Plaza for public view when on the AirVenture grounds. The […]
