M&A News

AINonline • Charles Alcock

Joby and Virgin Atlantic lock in UK eVTOL air-taxi rollout, while Vertical Aerospace, Skyfly and Moya accelerate AM commercializ

Joby Aviation and Virgin Atlantic have signed a definitive multi-year agreement to introduce electric air-taxi services in the United Kingdom, with early links planned to London Heathrow and Manchester. Separately, Vertical Aerospace added three strategic partnerships to speed air mobility rollout, Skyfly opened its Axe electric propulsion to other manufacturers and unveiled a hybrid unmanned system, and Moya Aero began building a full-scale autonomous cargo eVTOL for year-end flight.

39 Sources

2026-07-23T01:21:40.171111-07:00

FlightGlobal

Aeralis’ rescue bid falls through as French investment deal fails to close after Barzan funding withdrawn

1 Source

2026-07-23T06:36:54.488455-07:00

FlightGlobal

easyJet profit plunges 70% as Middle East conflict lifts fuel costs; EU airline ownership rules review adds risk to Apollo takeo

20 Sources

2026-07-23T01:49:36.860162-07:00

eVTOL Insights

Electra.Aero’s short-takeoff electric concept moves toward production as Airbus and MTU push hybrid-electric and fuel-cell power

6 Sources

2026-07-23T02:19:34.257084-07:00

Mergers and Acquisitions News Timeline

FlightGlobal

1 source

Aeralis’ rescue bid falls through as French investment deal fails to close after Barzan funding withdrawn UK modular aircraft developer Aeralis ceased trading on 15 May after the required private-sector contribution failed to materialize. Newly published administrator documents say Aeralis had been close to a last-minute rescue via significant French investment, but could not finalize the deal in time after Barzan pulled funding.

2026-07-23T06:36:54.488455-07:00

Aeralis’ rescue bid falls through as French investment deal fails to close after Barzan funding withdrawn

AINonline

1 source

Kratos to build Elroy Air’s Chaparral cargo drone in Sacramento as Elroy Air targets a Q4 SPAC listing Elroy Air plans to go public in the fourth quarter via a SPAC, positioning its Chaparral cargo drone for broader commercialization. The company says Kratos will build the Chaparral in Sacramento, linking its manufacturing footprint to an imminent capital-markets event.

2026-07-23T05:38:09.435773-07:00

Kratos to build Elroy Air’s Chaparral cargo drone in Sacramento as Elroy Air targets a Q4 SPAC listing

eVTOL Insights

6 sources

Electra.Aero’s short-takeoff electric concept moves toward production as Airbus and MTU push hybrid-electric and fuel-cell power Electra.Aero says its nine-passenger Ultra Short uses eight electric motors and blown-lift technology for takeoff/landing in under 150 feet, progressing from prototype toward production. Separately, Airbus is advancing its LEIA hybrid-electric testing while MTU develops flying fuel-cell engine technology with Airbus and pursues EASA approval, and books ~$500M in Farnborough engine orders. In the West US, Fundamental Advisors acquired firefighting-and-utility operator BlueSky Helicopters.

2026-07-23T02:19:34.257084-07:00

Electra.Aero’s short-takeoff electric concept moves toward production as Airbus and MTU push hybrid-electric and fuel-cell power

FlightGlobal

20 sources

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easyJet profit plunges 70% as Middle East conflict lifts fuel costs; EU airline ownership rules review adds risk to Apollo takeo easyJet reported a 70% fall in third-quarter profit, citing higher fuel prices and weaker booking trends tied to the Middle East conflict. At the same time, an EU review of airline ownership rules is creating uncertainty over Apollo’s proposed acquisition, with concerns it could hinder investors from securing a deal.

2026-07-23T01:49:36.860162-07:00

easyJet profit plunges 70% as Middle East conflict lifts fuel costs; EU airline ownership rules review adds risk to Apollo takeo

AINonline

39 sources

❗️

Joby and Virgin Atlantic lock in UK eVTOL air-taxi rollout, while Vertical Aerospace, Skyfly and Moya accelerate AM commercializ Joby Aviation and Virgin Atlantic have signed a definitive multi-year agreement to introduce electric air-taxi services in the United Kingdom, with early links planned to London Heathrow and Manchester. Separately, Vertical Aerospace added three strategic partnerships to speed air mobility rollout, Skyfly opened its Axe electric propulsion to other manufacturers and unveiled a hybrid unmanned system, and Moya Aero began building a full-scale autonomous cargo eVTOL for year-end flight.

2026-07-23T01:21:40.171111-07:00

Joby and Virgin Atlantic lock in UK eVTOL air-taxi rollout, while Vertical Aerospace, Skyfly and Moya accelerate AM commercializ

ch-aviation

1 source

FLC Group seeks PPP approval to expand Vietnam’s Qui Nhon and Pleiku airports for Bamboo Airways FLC Group, parent of Bamboo Airways, is asking Vietnam’s authorities for approval to study expansion plans for the country’s Qui Nhon and Pleiku airports under public-private partnership (PPP) models. The initiative is positioned as a framework to grow airport capacity to support Bamboo’s network development.

2026-07-22T21:35:48.433927-07:00

FLC Group seeks PPP approval to expand Vietnam’s Qui Nhon and Pleiku airports for Bamboo Airways

ch-aviation

1 source

Singapore Airlines Group signals openness to additional capital injection into Air India Singapore Airlines Group says its board would consider any future funding request from Air India, weighing it against the group’s other investment priorities and Air India’s business strategy. The company also indicated it is open to injecting further capital, subject to board review.

2026-07-22T20:50:55.391561-07:00

Singapore Airlines Group signals openness to additional capital injection into Air India

ch-aviation

1 source

Owners Jet expands its U.S. Chapter 11 investment in New Pacific Owners Jet is increasing its Chapter 11 investment tied to New Pacific, as tracked in ch-aviation reporting. The update adds to an ongoing restructuring context for the business, signaling continued capital redeployment while the company works through court-supervised proceedings.

2026-07-22T13:37:14.805856-07:00

Owners Jet expands its U.S. Chapter 11 investment in New Pacific

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