Aviation Daily Roundup: October 06, 2023

October 06, 2023

Seaglider Startup Regent Completes $60M Capital Raise

Rhode Island-based electric seaglider startup Regent has announced the completion of a $60 million Series A funding round.


Credit: Regent

Thales To Open Singapore Center To Spur ATM Development

Thales will open a center of excellence in Singapore to promote the growth of air traffic management (ATM), especially in sustainable aviation.


Credit: CAAS

Mystery Startup Vows To ‘Dramatically Cut’ Air Cargo Costs

A U.S. startup promising to revolutionize the air cargo industry by reducing the cost of flight operations by 65% has secured $10 million in seed funding.


 

Seabury’s Aviation Arm, ASG Combine Forces

Seabury Capital Group’s aviation practice and Airline Strategy Group (ASG) have announced a strategic partnership.

Credit: Rob Finlayson

UP Labs To Launch ‘Airline Venture Lab’ For Alaska Airlines

UP Labs plans to establish a technology startup incubator, named the Airline Venture Lab, on behalf of Alaska Airlines.


Credit: Jon Lord Photography / Alamy Stock Photo

Avolon CEO Expects Airlines, Lessors To Diversify Engine, Aircraft Procurement

Avolon CEO Andy Cronin spoke to Aviation Daily on the sidelines of the recent ISTAT Europe, Middle East and Africa conference in London.
 

Credit: Airbus - Master Films - Hervé Goussé

Malaysia, Japan Oil Refiners Team To Explore SAF Feedstock Options

Malaysia’s largest oil refiner Petronas and Japanese petroleum company Idemitsu have signed a memorandum of understanding.

 

Credit: Petronas

Airbus To Name Saint-Exupery New Chief Commercial Officer

De Saint-Exupery is currently Airbus' senior vice president for contracts and a close aide to sales chief Christian Scherer.
 

Credit: Remy Gabalda/AFP/Getty

Daily Memo: European Airline Consolidation Steps Up A Gear

Air France-KLM CEO Ben Smith has long been saying that Air France-KLM wants to take an active part in European airline consolidation.

Credit: SAS

India Clarifies Lessors' Rights To Repossess Aircraft

While the notice does not mention it, the ministry’s action was almost certainly due to the dispute between embattled Indian carrier Go First and its lessors.
 

Credit: Punit Paranjpe/AFP/Getty

Mystery startup vows to ‘dramatically cut’ air cargo costs and Avolon CEO expects airlines and lessors to diversify engine and aircraft procurement. Take a look at the daily roundup of air transport news.

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