IAG (UK) has announced the launch of IAGi Ventures, its new corporate venturing arm, with plans to invest up to $216 million over five years in high-potential companies. The initiative aims to drive innovation, technological advancements, and strategic business growth, strengthening IAG’s long-term position in the aviation and travel sectors.
Tim Clark, president of Emirates, has reaffirmed his belief in the Airbus A380 as a “compelling” aircraft for certain airlines, emphasizing its unique capacity and operational advantages. Clark has also suggested that a modernized versionof the A380 could be up to 25% more fuel-efficient, making it a viable option for future operators.
Avolon (Ireland) and Air New Zealand have signed a Memorandum of Understanding (MOU) to collaborate on research aimed at advancing the commercialization of electric aircraft and other novel propulsion technologies, including battery hybrid and hydrogen systems. This partnership underscores both companies’ commitment to driving innovation and sustainability in the aviation sector.
Eve Air Mobility, a U.S.-based company specializing in electric vertical takeoff and landing (eVTOL) aircraft, has achieved a significant regulatory milestone with the publication of the final airworthiness criteria for its eVTOL by ANAC, Brazil’s civil aviation authority. This announcement brings Eve Air Mobility closer to certification, marking an essential step in the path toward…
