aviation - Asia Tech Wire

aviation

2021.09.23

08:31

German's Volocopter to sell 150 planes to Chinese joint venture

Asian Tech Press (SEP 23) -- German air cab startup Volocopter, a pioneer in urban air mobility (UAM), said Wednesday that a joint venture with a Chinese automaker Geely Group unit would introduce UAM in China, with an agreement already signed to buy 150 Volocopter aircraft, according to media reports.

2021.09.10

10:18

Japan Airlines plans to raise $2.7 bln to position for post-COVID-19 era

Asian Tech Press (SEP 10) -- Japan Airlines Co Ltd (JAL) has officially announced that it will raise 300 billion yen (US$2.73 billion) from September, according to Kyodo News. The airline said it will raise 200 billion yen from hybrid loans and 100 billion from subordinated bonds in a statement to the stock exchange.

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