GC Aerocon

AVIATION TECHNOLOGY

spacenews | December 03, 2020

Little dispatch startup Aevum on Dec. 3 uncovered its Ravn X vehicle, a reusable robot airplane and rocket blend intended to dispatch little payloads to circle. Ravn X has been a long time being developed. Aevum, situated in Huntsville, Alabama, is situating Ravn X to contend in the undeniably packed little dispatch market, promising quick reaction administration empowered by a self-ruling airplane that can take off from any mile-long runway. The 55,000-pound unpilo...

AEROSPACE

Unical Aviation | July 20, 2021

Platinum Equity announced that it has signed an agreement to acquire Unical Aviation Inc. and certain of its affiliates from affiliates of the company's founders. Unical Aviation Inc. is a major supplier of aircraft parts and components to the global commercial aerospace industry. Unical Aviation, Unical MRO, Unical 145, and Unical Aero are all part of the deal. The sale to Platinum Equity does not include Unical Defense Inc., a subsidiary that handles government defense contr...

United Airlines | June 15, 2020

United Airlines today announced that it plans on using its MileagePlus frequent flyer program as collateral to secure a $5-billion loan, which would enable the company to boast an expected $17 billion in total liquidity by the end of 2020’s third quarter. This figure also factors in an anticipated $4.5 billion to be made available to the carrier through the U.S. government’s ‘Coronavirus Aid, Relief, and Economic Security Act’ (CARES Act) Loan Program, for ...

Vietnam Airlines | July 06, 2020

Vietnam Airlines is stepping up its flying out of Da Lat in southern Vietnam. From July 2, the airline will begin flying to Can Tho from Da Lat. Shortly after, new routes between Da Lat and Hue and Da Lat and Thanh Hoa will begin. The new flights are aimed at improving connectivity and trade between Vietnams’ provinces and cities....