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Delta | April 23, 2020
Delta and United have reported their first quarterly losses in more than five years. Their competitors are also expected to release dismal results in the coming weeks. The next few months look even more painful for the sector as the coronavirus pandemic saps air travel demand during what is normally the most lucrative time of year. Air travel has dropped by more than 95% as the Covid-19 pandemic spreads around the U.S. Now, states hard-hit by the pandemic like New York are extendi...
Aviation Technology
spacenews | December 03, 2020
Little dispatch startup Aevum on Dec. 3 uncovered its Ravn X vehicle, a reusable robot airplane and rocket blend intended to dispatch little payloads to circle. Ravn X has been a long time being developed. Aevum, situated in Huntsville, Alabama, is situating Ravn X to contend in the undeniably packed little dispatch market, promising quick reaction administration empowered by a self-ruling airplane that can take off from any mile-long runway. The 55,000-pound unpilo...
Business Aviation News | February 19, 2020
Stellar Aviation, an FBO operator with facilities in South Palm Beach, Florida, Wilmington, Delaware, and Springfield, Illinois, has announced that it has been awarded a 50-year lease and development agreement with the Reno Tahoe Airport Authority (RTAA). The agreement will allow Stellar Aviation to construct a full service FBO and hangar complex at the Reno-Tahoe International Airport located in Reno, Nevada....
Overair | June 15, 2022
Electric vertical takeoff and landing vehicle company, Overair, announced its most recent funding of $145 million from Hanwha Systems and Hanwha Aerospace, global leaders in ultra-precision communications and aircraft technologies. With this new investment, Overair remains on track to fly its all-electric experimental prototype in the second half of 2023. Hanwha's continued investment in Overair not only fuels the ongoing development of Butterfly but will also allow Overair to...
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