Day`s summary for 24 Dec 2024

Horizon Aircraft secures $8.4 million strategic investment

Horizon Aircraft has received an investment from a strategic investor and aerospace supporter, for aggregate proceeds of $8.4 million. The strategic financing will fortify Horizon Aircraft’s balance sheet, provide stability in the operations, governance and regulatory priorities, and fund further development and flight testing of its hybrid eVTOL, the Cavorite X7. Brandon...

Luxaviation UK renews WYVERN Wingman certification

Luxaviation UK has renewed certification as a WYVERN Wingman Operator, achieved through the Flight Leader Program with quarterly coaching by WYVERN. WYVERN Wingman operators are evaluated by the Wingman Standard criteria, which includes a review of the company’s operational history and safety records, safety management system, internal evaluation program, administrative compos...

Sabena technics strengthens leadership in aircraft engine and APU borescope activities

Sabena technics announced a groundbreaking agreement with Regio Lease for the transfer of its borescope inspection activities including tools and resources to Sabena technics, marking a pivotal step in positioning Sabena technics as a European leader in Aircraft Engine and Auxiliary Power Unit (APU) Borescope activities. This strategic move significantly enhances Sabena technics capabilities in...