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Joby Aviation | June 04, 2021
Joby Aviation, a California-based company developing all-electric aircraft for commercial passenger service, today announced it has partnered with REEF Technology (“REEF”) and Neighborhood Property Group to develop takeoff and landing sites for its aerial ridesharing service, launching in 2024.
REEF is the country’s largest parking garage operator focused on transforming these underutilized assets into multi-use mobility hubs. REEF’s assets include more than 5,000 ...
JetBlue | July 28, 2020
JetBlue Airways on Tuesday said it swung to a loss in the second quarter and forecast that revenue will fall by about 80% in the third quarter as the coronavirus pandemic promises a choppy recovery in travel demand. The New York-based airline carried just 616,000 passengers in the three months ended June 30, down more than 94% from the 11 million who flew JetBlue in the same period last year. Revenue plunged about 90% to $215 million from more than $2.1 billion in the second quarter of 2019....
Federal Aviation Administration | May 07, 2020
The Federal Aviation Administration announced the vendors chosen to develop the underlying technology and standards for tracking drones and their pilots as part of a new regulatory regime and marketplace.
In December, the agency issued a proposed rule to establish a system for remotely identifying unmanned aerial vehicles more colloquially known as drones called Remote ID. The rule created a framework for tagging drones with unique radio wave identifiers that are broadcast directl...
Avia Solutions Group | September 14, 2021
Avia Solutions Group is pleased to announce it has entered into a strategic partnership with Certares Management LLC, a leading US-based investment specialist dedicated to the travel, tourism and hospitality sectors, in which Certares will provide a €300 million structured equity investment.
The investment will help enable the next phase of Avia Solutions Group's growth plan for services in passenger and cargo aviation, maintenance and engineering, crew training, ground h...
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