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Air Transport

Businesswire | April 21, 2023

Electric Power Systems (EP Systems), a leading global electric powertrain supplier for the aviation industry, today announced it has entered into a strategic partnership with Regent Craft, where it will supply EP Systems' power integration technology for the manufacturing of REGENT’s all-electric seagliders. REGENT has already obtained $8 billion in orders from major airlines and leading ferry operators in five different continents. REGENT’s 12-passenger seaglide...

Aerospace

Eviation Aircraft | October 20, 2022

Eviation Aircraft, a manufacturer of all-electric aircraft, today announced that Germany-based EVIA AERO, which is developing a sustainable regional airline, has signed a Letter of Intent (LOI) for 25 all-electric commuter Alice aircraft. The airline intends to enter into service with Alice as its primary aircraft for point-to-point, sustainable regional travel within Germany, Denmark, Belgium, Austria and the Netherlands. The deal follows Eviation's historic first flight of the Eviation Ali...

Aerospace, Air Transport

virgin orbit | August 19, 2022

Virgin Orbit , a leading launch provider, announced today that it has signed an agreement with South Korean investment group J-Space. The agreement will allow the companies to assess candidate spaceport launch sites in South Korea, with the goal of providing satellite launch services from there using Virgin Orbit’s LauncherOne System. The cooperative effort is designed to act as a catalyst to the burgeoning Korean small satellite and space solutions market, stimulate local economic growth,...

Business Aviation

Delta | October 26, 2020

The U.S. Transportation Department (DOT) has tentatively approved a proposed transborder joint venture between Delta Air Lines and Canada’s WestJet, but is requiring the two airlines to divest coveted takeoff and landing slots at New York LaGuardia Airport. The DOT’s order allows Delta and WestJet to embark on a “metal neutral” joint venture, giving them the rights to share revenues and costs and coordinate routes and schedules. Delta has a similar agreement with Aeromexi...