Republic Airways is nearing a deal to acquire U.S. regional airline Trans States Holdings, according to three people briefed on...
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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...
Plans for a merger between U.S. regional airlines Republic Airways and Trans States Holdings are on ice, according to three...
Log-in here if you’re already a subscriber Release DateAugust 9, 2019Unraveling the dynamics behind Delta’s regional airline consolidationPurchase a PDF...
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.
