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Vertical Aerospace Raises $60M Through Public Offering

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Vertical Aerospace, the UK-based advanced air mobility company, has announced the successful closing of its previously disclosed underwritten public offering, generating US$60 million in gross proceeds. The capital raise is intended to advance the development of its electric vertical takeoff and landing (eVTOL) aircraft program and support the company’s general corporate needs.

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AE Industrial Acquires Air Transport Components For Repair Platform

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AE Industrial Partners, a U.S.-based private equity firm specializing in aerospace, defense, and industrial services, has acquired Air Transport Components (ATC), also based in the U.S., to serve as the cornerstone of a new aviation services platform. The acquisition marks a significant step in AE Industrial’s strategy to build an end-to-end component and accessory repair ecosystem tailored…

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Deutsche Bank Considers Financing Blackstone’s Bid for Trans Maldivian Airways

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Deutsche Bank, a major global financial institution based in Germany, is currently evaluating interest from various banks and private credit funds regarding the provision of a $200 million loan. This financing is intended to support the bid by Blackstone, a leading US-based investment firm, for the acquisition of Trans Maldivian Airways.

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easyJet Extends Maintenance Contract with Lufthansa Technik Milan for A320 Fleet

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easyJet, a leading UK-based low-cost airline, has recently signed a three-year extension to its existing maintenance contract with Lufthansa Technik Milan. This renewed agreement covers recurring light base maintenance checks for easyJet’s A320 family fleet. The collaboration ensures that easyJet’s fleet receives regular, high-quality maintenance services, supporting its operational reliability and safety across European routes.