The history of long-term success for a startup is not good, particularly among long-haul LCCs. Among those airlines that are starting or planning to start soon, their staying power won’t be clear until the market recovers.
Crossover narrowbody jets are seeking to expand the niche they have found. Industry observers have noted an increased potential for crossover jets to bring more right-sizing to the European market.
Startup ULCC Avelo bets on an underserved region, ATSG bolstering 767-300 converted freighter fleet, Startup Wright wants electric BAe 146 ready by 2026 and more. Take a look at the daily roundup of air transport news.
Talking at the CAPA Live on 13-Oct-2021, Allegiant CFO Greg Anderson and Sun Country CFO Dave Davis spoke with Anup Mysoor. Some of the key highlights can be found below.
Archer, Joby Aviation, Lilium and Vertical Aerospace are all planning mergers with SPACs, and more deals are on the horizon as other hopefuls chase the funds needed to bring their vehicles and services to market.
Download the e-book now to gain insight into these company’s journey and projections to raise billions by going public in the coming months.
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