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AVIATION TECHNOLOGY
Smiths Detection | October 17, 2022
Smiths Detection, a global leader in threat detection and screening technology, and Pangiam, Computer Vision and Artificial Intelligence (AI) specialists, today announce a collaboration to accelerate the development and adoption of open architecture (OA) in aviation security. OA allows hardware, software and algorithms from different product suppliers to be plugged together, enabling technology to be managed centrally so customers can achieve operational efficiencies, improved safety outcomes an...
BUSINESS AVIATION
KKR, AV AirFinance | June 14, 2021
KKR, a global investment firm, announced AV AirFinance Limited, a global commercial aviation loan servicer founded by a team of seasoned industry professionals in collaboration with KKR. The new secured loan servicing platform includes stable, long-term capital with decades of experience structuring commercial aircraft loan transactions to provide unique and innovative financing options to commercial aviation clients worldwide. KKR and AV AirFinance have agreed to buy a nearly $80...
AIRPORT MANAGEMENT
INMARSAT | May 23, 2022
Inmarsat and Honeywell are setting a new benchmark in satellite communications with the launch of SwiftJet, their latest inflight connectivity service for the business aviation industry. It will enter commercial service in the first half of 2023 and deliver the fastest ever speeds over L-band. As one of the first new services to be introduced on Inmarsat’s ELERA satellite network, SwiftJet will offer seamless global coverage across flight routes with maximum speeds of 2.6Mbp...
AEROSPACE
AIR | December 21, 2022
Today AIR, creator of eVTOL (electric vertical takeoff and landing) aircraft for the consumer market, announced that its inaugural vehicle, AIR ONE, has successfully completed its first full forward flight, perfectly transitioning from hover to cruise. At approximately 3:00PM Israel time on December 18th, AIR's full-scale AIR ONE prototype, loaded to full capacity of 1100kg (2425lbs), took off and transitioned to its nominal cruising speed. This landmark accomplishment kicks off thousands of...
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AIR TRANSPORT, AVIATION TECHNOLOGY
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