All articles by Dominic Perry – Page 24
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NewsMudrick submits fresh funding plan for Vertical Aerospace
Vertical Aerospace’s largest creditor Mudrick Capital has submitted fresh financing proposals that could see it inject up to $50 million into the UK-based electric vertical take-off and landing developer.
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NewsBabcock picked as preferred bidder for French military flight-training programme
UK-headquartered Babcock has been chosen as the preferred bidder for France’s tri-service Mentor2 pilot-training programme.
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NewsEcojet launches £20m funding push as it targets AOC
UK green aviation start-up Ecojet Airlines has appointed Wyvern Partners to lead a £20 million ($25 million) capital raise – enough to satisfy regulatory requirements and enable the launch of operations.
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NewsH225 continues oil and gas comeback with Westair lease deal
The Airbus Helicopters H225 has continued its incremental return in the oil and gas market with Westair Helicopters to lease a single offshore-configured example from Milestone Aviation Group.
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NewsOmni takes first H160 from GDHF as lessor builds portfolio
Omni Helicopters International Group has taken delivery of its first Airbus Helicopters H160 medium-twin on lease from Ireland-based lessor GD Helicopter Finance (GDHF). To be operated by Brazilian subsidiary Omni Taxi Aereo, the H160 is configured for offshore oil and gas transport. Omni says the introduction of the new helicopter ...
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NewsVertical pushes back VX4 until 2028 but promises first upgrade in 2030
Vertical Aerospace has delayed certification and service entry for its VX4 electric air taxi by another two years, even as it advances flight-test activities and plots future upgrades.
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NewsAirbus Helicopters keeps pressure on rate ramp-up to address swelling backlog
Airbus Helicopters is attempting to keep pace with an aggressive ramp-up target across its entire programme range to bring down extended lead times and meet a target of 400 deliveries per year by 2027.
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NewsEASA approves E190 converted freighter
Embraer has received European certification for the converted freighter variant of its E190 regional jet.
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NewsLeonardo takes tilt at NATO next-generation rotorcraft concept
Leonardo Helicopters’ concept design study for NATO’s future rotorcraft programme is likely to combine elements from the company’s two in-development tiltrotors, according to the airframer’s chief engineer.
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NewsGCAP partners to sign JV by year-end as programme enters ‘hot phase’, says Leonardo chief
Leonardo expects the joint venture that will lead the development of the tri-national Global Combat Air Programme (GCAP) to be signed off by year-end.
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NewsLeonardo eyes carve-out of loss-making aerostructures unit
Leonardo is considering a carve-out of its underperforming aerostructures business in collaboration with industrial or financial partners to address worsening performance on the back of continued difficulties with the Boeing 787.
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NewsItalian coastguard bolsters fleet with new ATR 42MP
Leonardo has secured an order from the Italian coastguard for a single maritime patrol-configured ATR 42-600. The Guardia Costiera already operates three maritime patrol aircraft based on older ATR 42-400 and -500 variants. Source: Leonardo Guardia Costiera’s fleet includes ATR 42-500 To be equipped with Leonardo’s ATOS ...
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NewsFalklands sign tentative deal for four more Islanders
The Falkland Islands government has signed a letter of intent (LoI) with Britten-Norman covering the acquisition of four BN-2 Islander utility aircraft.
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NewsVertical Aerospace funding talks enter critical stage
Air taxi developer Vertical Aerospace faces a weekend of crucial talks between founder Stephen Fitzpatrick and Mudrick Capital, the company’s largest creditor, aimed at staving off a looming cash crisis. New York-headquartered Mudrick has pledged to inject $75 million in to Vertical – $25 million of its own cash and ...
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NewsHeliOperations secures new German navy pilot training contract
UK-based HeliOperations has been awarded a £141 million ($181 million), seven-year contract to provide training for German naval helicopter pilots.
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NewsAW609 stays on certification path amid ‘tangible progress’ with FAA
Leonardo Helicopters believes its AW609 civil tiltrotor remains on track to secure US certification next year following a series of recent interactions with Federal Aviation Administration (FAA).
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NewsBell 525 edges towards certification finish line but ‘final tests’ remain
Bell’s goal to clinch US certification for its developmental 525 Relentless in 2024 is increasingly in the balance as the year draws to a close, with several flight-test points still to be addressed.
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NewsBritten-Norman has new owner alongside fresh investment
UK aircraft manufacturer Britten-Norman has gained new owners alongside fresh investment in the business, analysis of company records reveals.
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NewsLilium appoints KPMG to handle sale process
Lilium has appointed accountancy firm KPMG to sell the business, as the cash-strapped air taxi developer seeks new investment.
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NewsSkyAlyne signs for 19 H135s under Canada’s FAcT contract
Airbus Helicopters has been contracted by joint venture SkyAlyne to provide 19 H135 trainers to the Royal Canadian Air Force as part of Ottawa’s Future Aircrew Training programme.