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FlightGlobalDavid Kaminski-Morrow

Vertical Aerospace Secures $100 Million to Advance Valo eVTOL Toward Certification

Vertical Aerospace has secured approximately $100 million in financing commitments from existing and new investors to advance its four-passenger, piloted Valo electric vertical-takeoff-and-landing aircraft through certification and toward commercial production. The Bristol-based company is also approaching a critical design review as it funds the next phase of development.

2026-08-11T01:35:52.972692-07:00
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FlightGlobalDavid Kaminski-Morrow

Stronger second quarter helps Jazeera recover from conflict-related losses

By FlightGlobal: Kuwaiti airline turns in net profit for first half of the year despite Middle East disruption. Kuwaiti budget carrier Jazeera Airways’ managed to limit the slip in half-year net profit to 10%, as a stronger relative performance in the second quarter helped offset the crisis-hit first.

2026-08-10T23:35:57.990381-07:00
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ch-aviationHilka Birns

Spohr touts synergies between TAP and ITA Airways

By ch-aviation: Lufthansa Group CEO Carsten Spohr believes the potential acquisition of a minority stake in Portuguese flag carrier TAP Air Portugal would create synergies with ITA Airways in southern Europe and strengthen the group's position in the transatlantic and Latin American markets.

2026-08-10T21:05:40.794657-07:00