Aiming to better support European clients flying in the U.S., Clay Lacy Aviation has earned EASA Part 145 Maintenance Organization certification approval.
With investments from American Airlines, Avolon, Honeywell and Rolls-Royce, plus commitments for up to 1,000 aircraft, electric air-taxi developer Vertical Aerospace has reached agreement with blank-check company Broadstone Acquisition to go public in a deal that values the UK startup at $2.2 billion.
A day after unveiling plans to acquire FBO chain Atlantic Aviation for $4.48 billion, New York City-based investment firm KKR on June 8 announced that it is extending a $150 million credit line to Jet Edge International to help grow its business.