MENA players will have a significant and strategic role within the aircraft leasing market in the coming years. Ali Ben Lmadani, CEO ABL Corporation talked about how funding options can help achieve rapid growth without compromising sustainability goals.
Volocopter aims to uphold normal business operations after filing for bankruptcy as it failed to secure additional capital from its existing shareholders.
A Boeing 737-800 operated by South Korean carrier Jeju Air collided with a wall after touching down without its landing gear deployed at Muan Airport on Dec. 29.
Turkish drone-maker Baykar has acquired Italy’s beleaguered Piaggio Aerospace, just over six years after the latter entered extraordinary administration.
Mobile Uplift Corp., a consortium of European and North American investors, has agreed to acquire assets of bankrupt electric aircraft manufacturer Lilium.