Log-in here if you’re already a subscriber HEAR FROM THE AIR CURRENT Leave this field empty if you're human: Release...
While such deals across the rising eVTOL industry seemingly represent a new aerospace business model in which customers have a stake in the overall success of the product, a detailed review of securities filings and other fine print by The Air Current reveals a far more transactional arrangement. Airlines are lending their branding and credibility in exchange for a possibly lucrative piece of a buzzy market, regardless of whether or not an aircraft will be delivered or even formally ordered.
When Embraer spinoff Eve on Dec. 21 confirmed plans to combine with Zanite Acquisition Corp., it became the sixth company in the urban air mobility space to link up with a special purpose acquisition company (SPAC). Rather than speak to the continued strength of SPACs, however, the deal illustrates the funding vehicle’s decline as an ample source of outside capital — even as it cements Embraer’s strategy of using partnerships to expand into new markets.
Log-in here if you’re already a subscriber Release DateMay 1, 2020Embraer can survive solo, but outlook mixed after Boeing breakupPurchase...
Log-in here if you’re already a subscriber Release DateAugust 9, 2019Unraveling the dynamics behind Delta’s regional airline consolidationPurchase a PDF...
Plans for a merger between U.S. regional airlines Republic Airways and Trans States Holdings are on ice, according to three...
Republic Airways is nearing a deal to acquire U.S. regional airline Trans States Holdings, according to three people briefed on...
