Frontier and Spirit Airlines sign $2.9bn merger agreement
Frontier equity holders will own 51.5% in the combined entity, with Spirit equity holders owning the remainder.
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eSTOL aircraft maker Electra receives funding from Lockheed Martin
The company claims that its environmentally friendly aircraft can fly up to 500 miles.
FIRB green lights Sydney Airport acquisition bid
The SAA consortium includes IFM Investors, QSuper, AustralianSuper, Global Infrastructure Partners.
Eve to go public through SPAC merger; bags new eVTOL orders
Embraer will hold 82% of the resulting firm’s equity after the transaction.
Hunting the unicorns: GlobalData IPO predictions for 2022
10 tech unicorns that are likely going enjoy a headline-making IPO in 2022, following GlobalData's predictions.
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UK Government announces £4.3m funding to improve regional flight connectivity
The UK Government has announced that it will provide up to £4.3m in funding for direct flights between London and…
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Irish Government announces $145.55m total aviation funding package
Through the Regional Airports Programme, regional airports in Ireland will receive around $41.58m in 2022.
Lithuania’s Palanga Airport obtains EC funding for upgrades
The EC investment aid will upgrade Palanga Airport connections and support regional development.