FACC AG

United Airlines | August 27, 2020

United Airlines is preparing for the biggest pilot furloughs of its history after announcing on Thursday the need to cut 2,850 pilot jobs this year, or about 21% of the total, without further U.S. government aid. Airlines, reeling from the devastating impact of the novel coronavirus pandemic on air travel, have asked the U.S. government for another $25 billion to cover employee payroll through March. The first tranche, which banned any job cuts until Oct. 1, expires at the end of Septembe...

Business Aviation

Axiom Space | May 26, 2022

Axiom Space, a leader in human spaceflight currently building the world's first commercial space station, has signed a memorandum of understanding with the Italian government to further their existing collaboration, including the potential for the development of space infrastructure integrated with the future Axiom Station. The agreement was signed by the President and CEO of Axiom Space, Michael Suffredini, and Italy's Minister for Technological Innovation and Digital Transition, Vittor...

Defense and Space

Businesswire | June 14, 2023

Spire Global, Inc. (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, successfully launched and made contact with two satellites on the SpaceX Transporter-8 mission carrying optical inter-satellite link (OISL) payloads that will significantly reduce data latency and strengthen security of communication. The 6U satellites are equipped with optical communications terminals (OCT) to send information between them ...

Business Aviation

Joby Aviation | August 06, 2021

Reinvent Technology Partners, a special purpose acquisition company that takes a “venture capital at scale” approach to partnering with bold leaders and companies, announced that at its Extraordinary General Meeting of Shareholders held today, RTP shareholders voted to approve and adopt the previously announced business combination agreement with Joby Aviation, Inc. a transportation company developing an all-electric, vertical take-off and landing aircraft that it intends to op...