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sidus space | August 24, 2022
Sidus Space, Inc., a Space-as-a-Service company focused on mission critical hardware manufacturing combined with commercial satellite design, manufacture, launch, and data collection, recently signed a memorandum of understanding with Exo-Space to further commercialize its satellite edge computing technology . With this partnership, Sidus Space will integrate Exo-Space’s FeatherEdge Data Processing Platform into its hybrid 3D printed satellite, LizzieSat™. Through collaboration on da...
LCI | October 11, 2021
LCI, a leading aviation leasing company, today announced that its parent company, the Libra Group, has acquired the remaining minority interest in LCI Helicopters held by global investment firm KKR.
We would like to thank the KKR team for their exemplary support these last seven years, helping LCI grow across sectors including offshore wind power and search and rescue. We are equally delighted that Libra Group has returned to full ownership. It has always been a valu...
Buying Business Travel | January 14, 2020
The government is reportedly considering cutting Air Passenger Duty on UK domestic flights in an effort to keep regional carrier Flybe from going into administration. Sky News reported yesterday that the airline had been in rescue talks on Sunday evening, less than a year after it was acquired by Connect Airways for £2.8 million. According to the BBC, chancellor Sajid Javid is scheduled to meet with the business and transport departments later to discuss reducing the levy – currently...
Aviation International News | January 22, 2020
Precision Aviation Group (PAG), an MRO provider and aircraft and helicopter supplier to the civil and defense markets, announced today its acquisition of Toronto-based World Aviation Corporation (WAC). The move expands Atlanta-based PAG’s MRO capabilities in electric motor subcomponent repairs. “Our investment in WAC…will vastly increase the number of capabilities we have to reduce the costs associated with providing MRO services to our customer base,” said PAG president...
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