VISTAJET FIRST TO FLY WITHIN THE KINGDOM OF SAUDI ARABIA, FURTHER EXPANDING DOMESTIC FLIGHT SOLUTIONS
RIYADH, Saudi Arabia, Aug. 20, 2025 /PRNewswire/ -- VistaJet, the first and only global private aviation company and part of the Vista group, announces that it is the first foreign operator to offer flights internally within the Kingdom of Saudi Arabia. This exciting agreement is a commitment to dedicate VistaJet services and expertise to facilitate the strategic goals of...
Next Level Aviation® Completes Recap of Turning Rock Partners
NLA completed the full redemption of Turning Rock's preferred equity investment ahead of schedule
DANIA BEACH, Fla., Aug. 5, 2025 /PRNewswire/ -- Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has fully redeemed Turning Rock Partners' (TRP) 2019 preferred equity investment. NLA completed the full redemption of TRP's stake, ahead of schedule, in mid- June 2025.
Next Level Aviation® Chairman & CEO Jack...
XTEND Secures $30M Extension to Complete $70M Series B to Scale Its Battle-Proven Autonomous AI Robots Across America
Aliya Capital Partners and Protego Ventures Co-Lead Strategic Series B Round alongside participating investors: Len Blavatnik's Claltech, Union-Tech Ventures & Chartered Group, as XTEND's AI Robotic Technology Proves Itself in Global Conflicts and the Company Opens Its New U.S. Headquarters in Tampa, Florida
TAMPA, Fla., July 15, 2025 /PRNewswire/ -- XTEND, a leader in AI-powered tactical autonomous robotic systems, today...
15below Acquires Airport AI to Build the First Connected Communications Solution for Air Travel
The acquisition strengthens 15below's AI capabilities, extends its reach into the airport market and creates an end-to-end channel for passenger communication.
BRIGHTON, England, July 8, 2025 /PRNewswire/ -- 15below, the market leader in personalised, automated passenger communications for the global airline industry, has acquired Airport AI, a conversational AI platform built for airports, to create a unified communications solution that...
Phoenix Aviation Capital Recognized by Airfinance Global in 2025 Lessor Portfolio Risk Ratings
Prestigious Rankings Highlight Phoenix Aviation Capital's Long-Term Strategic Focus and Execution
DUBLIN and STAMFORD, Conn. and NEW YORK, July 1, 2025 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix"), a full-service aircraft lessor managed by AIP Capital ("AIP") is pleased to share that both Phoenix and AIP have received several accolades in Airfinance Global's ("AFG") Leasing Top 50 2025. AFG is...
Jetcraft reinforces North American presence with new Sales Director appointments
RALEIGH, N.C., June 30, 2025 /PRNewswire/ -- Jetcraft, the global leader in business aircraft sales, acquisitions and trades, is today announcing the appointment of Jeremi Austin and Ricky Gioconda as Sales Directors, strengthening Jetcraft's team across Canada and the US, respectively.
Joining at a time of continued demand across the Americas, Austin and Gioconda bring extensive aviation and customer...
Oman Air joins oneworld alliance
Oman Air becomes 15th alliance member
oneworld customers now have access to Oman Air's route network throughout the Middle East, Far East, Africa and Europe
Oman Air customers gain access to oneworld benefits across the network of more than 900 global destinations
MUSCAT, Oman, June 30, 2025 /PRNewswire/ -- oneworld® today welcomes Oman Air as its 15th member airline. As the flag carrier...
AIP Capital and Monroe Capital Announce Aircraft Leasing Venture
Will acquire up to $1 billion of mid-life aircraft
DUBLIN and STAMFORD, Conn. and NEW YORK, June 27, 2025 /PRNewswire/ -- AIP Capital ("AIP"), an alternative investment manager focused on opportunities in asset-based finance, today announced it has a venture with Monroe Capital LLC ("Monroe"), a premier asset management firm specializing in private credit markets and asset-based finance, to...
Hong Kong Airlines Celebrates Inaugural Flight to Sydney
Offering Travellers More Direct Flight Options to Australia
HONG KONG, June 24, 2025 /PRNewswire/ -- Hong Kong Airlines' inaugural flight between Hong Kong and Sydney, Australia, has departed, making it the second local airline to operate this route and providing greater travel options for business, leisure, and transit passengers.
To mark this new milestone in its network expansion, Hong...
Lockheed Martin Unveils Groundbreaking C-130J Super Hercules Performance Results
PARIS, June 18, 2025 /PRNewswire/ -- Lockheed Martin continues to revolutionize the future of tactical airlift with the C-130J Super Hercules and today announced a major breakthrough in wing structure testing that greatly exceeded expectations, by validating the extended wing life of the C-130J and structural superiority of the center wing box.
After a rigorous testing program, the C-130J's wing...