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Surf Air Mobility Appoints Jason Secore as Chief Financial Officer
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or the “Company”), a leading air mobility platform, today announced the appointment of Jason Secore as Chief Financial Officer, effective September 30, 2026. Mr. Secore brings 18 years of finance leadership experience across aviation, aerospace, and technology companies. He has served as Chief Financial Officer of Matternet, a full-stack autonomous aviation technology company integrating aircraft, software, a...
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Avolon Agrees Sale of 33-Aircraft Portfolio to Lesha Bank
DUBLIN & DOHA, Qatar--(BUSINESS WIRE)--Avolon, a leading global aviation finance company, and Lesha Bank LLC (Public), today announced an agreement for the sale and purchase of a portfolio of 33 aircraft. The transaction comprises a diversified portfolio of commercial aircraft on lease to 25 airlines globally. The transaction represents a significant milestone in the development of the relationship between Avolon and Lesha Bank. It also demonstrates the depth of institutional capital seeking ex...
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Corporación América Airports Announces Issuance of Administrative Decision Approving the Rebalancing of the Concession Agreement in Argentina
LUXEMBOURG--(BUSINESS WIRE)--Corporación América Airports S.A. (NYSE: CAAP), (“CAAP” or the “Company”), one of the world’s leading private airport operators, announced today that, in order to address the increased capital investments requirements derived from the material recent passenger traffic growth, the Government of Argentina has issued an Administrative Decision in accordance with the prerogatives granted by Law 27,742 and Decree 713/2024 approving various changes to the terms of the con...
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ATSG Announces Agreement to Sell Omni Air International
WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (“ATSG” or “the Company”), a leading provider of aircraft leasing, air transportation, and aviation support solutions, today announced that it has entered into an agreement to sell Omni Air International (“Omni”), a provider of passenger ACMI and charter services, to OAI Holdings, LLC (“OAI”), a private company whose management team brings deep expertise in aviation. Financial terms of the transaction were not disclosed. Foun...
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SES AI’s Chungju Battery Facility Achieves ISO 9001:2015 Certification for Production of NDAA-Compliant Drone Cells
WOBURN, Mass.--(BUSINESS WIRE)--SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced that its battery manufacturing facility in Chungju, South Korea has achieved ISO 9001:2015 certification for its quality management system. The certification was issued by the Korea ESG Certification Body following an independent assessment of the facility’s quality management processes. SES...
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Surf Air Mobility Selected as Participating Airspace User in FAA’s SMART Program
LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility” or the “Company”), a leading air mobility platform, today announced it has signed a Memorandum of Agreement (“MOA”) with the Federal Aviation Administration (“FAA”) to participate in the agency’s Strategic Management of Airspace, Routes, and Trajectories (“SMART”) program. Under the agreement, Surf Air Mobility will serve as a Participating Airspace User in the FAA’s evaluation of new tools designed to modern...
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Amprius Secures $75 Million Grant for American High-Energy Density Battery Production
FREMONT, Calif.--(BUSINESS WIRE)--Amprius Technologies (“Amprius” or the “Company”) (NYSE: AMPX), a leader in high-performance batteries, has been awarded a grant of up to $75 million from the U.S. Department of War (“DoW”) to retrofit an existing domestic production line from EV batteries to high-energy density cells for unmanned aerial systems. The grant was awarded through the DoW’s Industrial Base Analysis and Sustainment (“IBAS”) program, which funds domestic manufacturing capabilities cri...
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Giant Pandas Ping Ping and Fu Shuang Arrive in Atlanta on the FedEx Panda Express
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corporation transported two giant pandas, six-year-old male Ping Ping and five-year-old female Fu Shuang, from Chengdu, China to Atlanta, Ga....
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Billions in New Trains, Same Slow Route: Boeing Field Air Service SeaPort Airlines is Making New Amtrak Trains Obsolete
SEATTLE--(BUSINESS WIRE)--As Amtrak prepares to debut it’s new $8 billion Airo trainsets – SeaPort Airlines is offering an alternative that cuts the travel time by over half and requires no massive public investment of funds. “I love the train. But not if I have to get somewhere. Or by a certain time,” says SeaPort Airlines Founder and CEO Kent Craford. “SeaPort Airlines was founded to get the Pacific Northwest moving again, shortening the distance between our major cities, so you can leave hom...
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Spartan College of Aeronautics and Technology and National Aviation Academy of Azerbaijan sign Cooperation Agreement to Train Azerbaijan's Next Generation of Aviation Maintenance Technicians
BAKU, Azerbaijan & BROOMFIELD, Colo.--(BUSINESS WIRE)--Spartan College partners with Azerbaijan’s National Aviation Academy to provide aviation maintenance training for students from Azerbaijan....