JETEX AND VOLOCOPTER REVOLUTIONIZE URBAN AIR MOBILITY MODEL
At EBACE 2022, Jetex and Volocopter sign a milestone strategic partnership agreement to define a safe and sustainable model of urban air mobility (UAM)
Dubai, United Arab Emirates, May 24, 2022 (GLOBE NEWSWIRE) -- Jetex, an award-winning leader in private aviation, and Volocopter, a pioneer in the world’s first-ever eVTOL suite of services, enter in a strategic partnership agreement to deploy and operate permanent, economically sustainable, and integrated UAM taxi take-off and landing infrastructure and services for passenger transportation.
Recent technological advancements and the need for more affordable, rapid and sustainable travel are driving this trend forward. Both companies aim to launch operations from 2024.
Miami, Singapore and Paris are the priority markets where Jetex already established its presence and where sustainable air taxi operations are being mapped for passenger transportation. Jetex and Volocopter are researching most popular routes in these markets to ensure seamless connectivity as well as organic integration with the existing airport infrastructure.
“Today, we define the framework for the future of the urban air mobility. The UAM market is projected to grow from US$2.6 billion in 2020 to US$9.1 billion by 2030. We are proud to work with our partners at Volocopter on making this vision a reality,” said Adel Mardini, Founder & CEO of Jetex.
Since 2011, UAM pioneer Volocopter has been making significant strides toward bringing commercial air taxi services to megacities around the world. It has conducted crewed flights over the skies of Paris, the United States, and Singapore, where it unveiled its first full-scale air taxi vertiport in Marina Bay back in 2019.
“Signing this MOU with Jetex is an important first step toward a strategic collaboration to deploy sustainable and integrated UAM operations as well as passenger services,” said Christian Bauer, Chief Commercial Officer of Volocopter.
With Jetex lending its unique private aviation know-how, both companies look forward to unveiling the future of end-to-end air travel experience in key markets around the world, that will be safe, sustainable and convenient.
- END -
About Jetex: An award-winning global leader in executive aviation, Jetex is recognized for delivering flexible, best-in-class trip support solutions to customers worldwide. Jetex provides exceptional private terminals (FBOs), aircraft fueling, ground handling and global trip planning. The company caters to both owners and operators of business jets for corporate, commercial and personal air travel. To find out more about Jetex, visit www.jetex.com and follow us on Instagram, Twitter, Facebook, and LinkedIn.
Attachment
To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notifiedGlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Protokoll fra Yara ekstraordinær generalforsamling7.7.2022 18:40:00 CEST | Pressemelding
Oslo, 7. juli 2022: Yara International ASAs ekstraordinære generalforsamling godkjente i dag den interne reorganiseringen i form av en fisjon og trekantfusjon med kapitalforhøyelse i selskapet i tråd med forslagene i innkallingen til den ekstraordinære generalforsamlingen. Den interne reorganiseringen er et ledd i forberedelsen til en mulig børsnotering av Yara Clean Ammonia. Fullstendig protokoll fra den ekstraordinære generalforsamlingen er tilgjengelig på Yaras hjemmeside: Reports and presentations | Yara International Kontakt Silje Nygaard Investorkontakt Mobil: +47 957 04 843 E-post: silje.nygaard@yara.com Om Yara Yaras misjon er å sørge for mat til verdens befolkning og å verne om jordkloden. Basert på vår visjon om en verden uten sult og en vel ivaretatt planet har vi utviklet en strategi som fremmer langsiktig verdivekst, bærekraftig plantenæring og nullutslippsløsninger for produksjon av gjødsel og energi. Yaras ambisjon er å utvikle fremtidens klimapositive matkjede, en kjede
Minutes from the Yara Extraordinary General Meeting7.7.2022 18:40:00 CEST | Press release
Oslo, 7 July 2022: The extraordinary general meeting of Yara International ASA today approved the internal reorganization by way of a demerger and triangular merger and share capital increase in the company in line with the proposals in the Extraordinary General Meeting Notice. The purpose of the internal reorganisation is to prepare for the contemplated IPO of Yara Clean Ammonia. The full minutes of the Extraordinary General Meeting are available on Yara's website: Reports and presentations | Yara International Contact: Silje Nygaard Investor Relations Mobile: +47 957 04 843 E-mail: silje.nygaard@yara.com About Yara Yara grows knowledge to responsibly feed the world and protect the planet. Supporting our vision of a world without hunger and a planet respected, we pursue a strategy of sustainable value growth, promoting climate-friendly crop nutrition and zero-emission energy solutions. Yara’s ambition is focused on growing a nature positive food future that creates value for our custo
Eurocastle to Release First Quarter 2022 Interim Management Statement and the Results of the Strategic Review on 8 July 20227.7.2022 18:30:00 CEST | Press release
EUROCASTLE INVESTMENT LIMITED Contact: Oak Fund Services (Guernsey) Limited Company Administrator Attn: Tracy Lewis Tel: +44 1481 723450 Eurocastle to Release First Quarter 2022Interim Management Statementand the Results of the Strategic Review on 8 July 2022 Guernsey, 7 July 2022 – Eurocastle Investment Limited (“Eurocastle” or the “Company”) today announces that it will release its interim management statement for the quarter ended 31 March 2022 and the results of the strategic review tomorrow, Friday, 8 July 2022 before the market opens. ABOUT EUROCASTLE Eurocastle Investment Limited (“Eurocastle” or the “Company”) is a publicly traded closed-ended investment company, focused on Italian performing and non-performing loans, Italian loan servicing platforms and other real estate related assets in Italy. On 18 November 2019, the Company announced a plan to realise the majority of its assets with the aim of accelerating the return of value to shareholders. The Company will not currently
Monthly information related to total number of voting rights and shares composing the share capital _June 30, 2022.7.7.2022 18:00:00 CEST | Press release
Monthly information related to total number of voting rights and shares composing the share capital _June 30, 2022. Article 223-16 of general regulation of French Autorité des Marchés Financiers Lyon – France Listing markets: Euronext Paris from Euronext (Market segment C - ISIN Code: FR0011471135- Symbol: ERYP) & Nasdaq Global Select Market in the United-States (Symbol : ERYP) Website : www.erytech.com DateTotal of shares composing the share capitalTotal of brut(1) voting rights Total of net (2) voting rights December 31, 202131 018 55332 518 33932 515 839January 31, 202231 018 55332 518 33932 515 839February 28, 202231 018 55332 518 54732 516 047March 31, 202231 018 55332 518 54732 516 047April 30, 202231 018 55332 518 54732 516 047May 31, 202231 018 55332 518 54732 516 047June 30, 202231 018 55332 520 10732 517 607 (1) Gross voting rights number (or « theoretical » voting rights) is used as a basis for calculating the crossing of the threshold. In accordance with article 223-11 of g
KBC Group: KBC completes acquisition of Raiffeisen Bank International's Bulgarian operations7.7.2022 17:45:00 CEST | Press release
Press Release Outside trading hours – Regulated information* Brussels, Sofia, 7 July 2022 (5.45 p.m. CEST) KBC completes acquisition of Raiffeisen Bank International's Bulgarian operations Today, KBC Bank and Raiffeisen Bank International (‘RBI’) completed the deal announced on 15 November 2021 concerning the acquisition of 100% of the shares of Raiffeisenbank (Bulgaria) EAD, which is responsible for the banking operations of RBI in Bulgaria. The transaction also includes Raiffeisenbank Bulgaria’s fully owned subsidiaries Raiffeisen Leasing Bulgaria, Raiffeisen Asset Management (Bulgaria), Raiffeisen Insurance Broker and Raiffeisen Service. The acquisition, worth a total of 1 009 million euros paid in cash, reflects the quality of the Raiffeisen franchise in Bulgaria and the potential for synergy. The transaction will have a capital impact of around -1 pp on KBC Group’s CET1 in 3Q2022. Raiffeisenbank (Bulgaria) has systematically developed its banking activities since entering the mark