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AIR TRANSPORT
Electra | October 19, 2022
Electra.aero, Inc. a next-gen aerospace company with a mission to help decarbonize aviation and open new air transportation markets, today announced that it has signed a letter of intent bringing Electra's total order book to 1,000 aircraft worth over $3 billion. The aircraft sale was signed with private air mobility provider Welojets, LLC for 32 electric short takeoff and landing (eSTOL) aircraft at the National Business Aviation Association (NBAA) Business Aviation Convention & Exhibit...
BUSINESS AVIATION
JOBY AVIATION | January 10, 2022
Joby Aviation Inc. (NYSE:JOBY), a California-based company developing all-electric aircraft for commercial passenger service, today confirmed it received FAA Special Airworthiness Certification and US Air Force Airworthiness Approval for a second pre-production prototype aircraft in December 2021, as expected. The first pre-production prototype generated 65 terabytes of test data in 2021, flying more than 5,300 miles, including what is believed to be the longest flight of an eVTOL...
DEFENSE AND SPACE
Terran Orbital | July 01, 2022
Terran Orbital Corporation a global leader in satellite solutions, primarily serving the United States aerospace and defense industry, today announced its Pathfinder Technology Demonstrator 3 satellite has completed bus commissioning with all health and status checkouts nominal. Terran Orbital designed and built the PTD-3 satellite in support of NASA’s PTD series of missions. The missions will test the operation of a variety of novel small satellite technologies in low-Earth...
JetBlue | June 17, 2020
An internal JetBlue Airways memo obtained by Business Insider details a plan for the airline to begin laying off workers on Oct. 1, 2020, and outsourcing some positions at smaller airports. The Oct. 1 date is key, not only for JetBlue but all U.S. carriers – it’s the day when airlines become unshackled from the provisions of accepting government grants and loans as part of the CARES Act stimulus package. The government stipulated that airlines who accepted the money must keep staffin...
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