Tag: investment
NEWS May 08, 2026 Saudi Arabia's New Airline Just Applied to Fly to America Riyadh Air, Saudi Arabia's second flag carrier and one of the most closely watched aviation startups in recent memory, filed a formal application with the United States Department of Transportation on May 5, 2026, seeking a foreign air carrier permit and exemption authority to operate scheduled and charter services between the Kingdom and the United States. Read More →
NEWS Feb 26, 2026 American Airlines Unveils One Billion Dollar Plan to Rebuild Miami Hub Concourse American Airlines is doubling down on its "Gateway to the Americas" with a massive $1 billion commitment to transform its primary international hub at MIA. Read More →
NEWS Jan 26, 2026 Delta Air Lines Commits $250 Million to Forge a New Southern Powerhouse In a move that cements the "Silicon Hills" as a primary theatre of war for North American aviation supremacy, Delta Air Lines has today, January 26, 2026, finalised a staggering $250 million investment into Austin-Bergstrom International Airport (AUS). Read More →
NEWS Oct 29, 2024 Debt-Free South African Airways Seeks Capital to Fuel Post-COVID Recovery and Expansion The South African Parliament convened with Minister of Transport Barbara Creecy on Tuesday, October 22, 2024, where the Standing Committee on Public Accounts (SCOPA) pressed the government to address South African Airways (SAA) urgent need for capital funding. Read More →
NEWS Oct 02, 2024 Toyota Invests $500 Million into Electric Air Taxi Manufactuer Joby Aviation Toyota has agreed to invest a significant amount of money towards the production of Joby air taxis. Find out how much money Toyota has invested thus far and where Joby plans to obtain certification. Read More →
NEWS Mar 21, 2024 The Next World's Biggest Plane Could Be 12 Times Larger Than the Boeing 747 Radia, a Colorado-based energy startup, has been developing the world's largest aircraft in aviation history. The aircraft, dubbed The WindRunner, will be 12 times larger than the Boeing 747. It will also be larger than the Antonov An-225 destroyed during the Russia-Ukraine war. Read More →
NEWS Mar 10, 2024 FAA Invests $13.5 Million in Schools to Develop Future Aviation Professionals A new grant program from the Federal Aviation Administration (FAA) grants $13.5 million to 32 schools for aviation education to increase the attraction of train students for careers such as pilots and aviation maintenance technicians. The aim is to assist economically deprived areas. Read More →
NEWS Feb 29, 2024 CycloTech Raises €20 Million in Funding for its Innovative Aviation Propulsion System Austrian aviation technology company CycloTech recently secured €20 million ($21.6 million) in financing to develop its flight propulsion technology. The investment was announced on February 28, only a few weeks after the company announced plans to raise funding. Read More →
NEWS Feb 28, 2024 Southwest Airlines Launches Venture Firm for Sustainable Aviation Fuel, $30 Million Investment in Fuel Producer LanzaJet Southwest Airlines announced the launch of Southwest Airlines Renewable Ventures (SARV), a subsidiary focused on helping the airline achieve its sustainability goals by obtaining sustainable aviation fuel (SAF). Southwest also announced a $30 million investment in sustainable fuel technology company and producer LanzaJet. Read More →
INFORMATIONAL Feb 20, 2024 What Can JetBlue Expect After Activist Investor Carl Icahn Acquired a 10% Stake in the Airline? Activist investor Carl Icahn has taken a 10% interest in JetBlue by purchasing 33.6 million shares of its stock in January and February. His investment has caused a more than 18% rise in the prices of JetBlue stock, a phenomenon known as the Icahn Rise. There are several possible reasons for Icahn taking a stake in JetBlue, ranging from a simple profit-taking opportunity to long-term airline control. Read More →