Atlantic Marine & Aviation LLP

COMMERCIAL AVIATION

SATAVIA | April 23, 2022

SATAVIA and AirCarbon Exchange (ACX) are delighted to announce an historic partnership, combining world-leading tech with pioneering commodities infrastructure to support trading of carbon credits generated by SATAVIA's unique contrail prevention technology. Aircraft-generated condensation trails, or contrails, account for up to 60% of aviation's climate impact, almost double that of direct CO2 emissions from aircraft engines. Until recently, scientific and technical chall...

DEFENSE AND SPACE

Vega C | July 14, 2022

The Vega C rocket has completed its inaugural flight, placing the main payload LARES-2 – a scientific mission of the Italian Space Agency ASI – into its planned orbit. Six additional research CubeSats from France, Italy and Slovenia flew as secondary payloads. The launch caps a multi-year effort by ESA, the prime contractor Avio and industrial partners in 13 ESA member states to build on the heritage of its predecessor, Vega. Vega C represents a dramatic capability boo...

Spirit | July 23, 2020

Earnings season for airlines in the age of coronavirus means one thing: There are very few numbers that executives are excited to talk about. Spirit Airlines on Thursday was no exception. The ultra-low-cost airline reported that its total operating revenue for the second quarter was $138.5 million, a decrease of 86 percent year over year. But the airline is betting its low-cost structure could help it when the airline industry begins to recover. “We expect the rest of the summer to ...

BUSINESS AVIATION

KLM | November 04, 2020

KLM announced that, following a signature from the Dutch Airline Pilots Association, it had reached an agreement with all the trade unions over employment conditions until 2025. This should fulfill the government’s requirements for its frozen bailout package. With the Dutch authority’s new advice against all international travel lasting until January, the funds are needed now more than ever....