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Aerospace
Cirium | November 25, 2022
Cirium has revealed today the aviation industry’s first satellite-based aircraft maintenance tracking feature in its Ascend Profiles module.Its new Ground Events feature enables aircraft and engine manufacturers, maintenance, repair and overhaul service providers, parts suppliers, lessors and insurers to monitor and predict future aircraft maintenance events. This means businesses can better understand when and where an aircraft last had a maintenance event and forecast its next visit. It ...
Simple Flying | February 05, 2020
French national flag carrier Air France has taken delivery of the 350th, A350 from European planemaker Airbus yesterday, Tuesday, February 4th, 2020. In recognition of the history of French aviation, the 350th Airbus A350 to roll off the production line in Toulouse will proudly be sporting the red, white and blue colors of Air France. Having decided to return to the tradition of naming aircraft, Air France has called the latest member of its fleet “Nice” in tribute to the city on the...
Business Aviation
Boom Supersonic | January 12, 2022
Boom Supersonic, the aerospace company building the world's fastest and most sustainable supersonic airliner, today announced it has entered into a three year strategic partnership with the U.S. Air Force valued at up to $60 million. The Air Force awarded this contract to Boom through its innovation arm, AFWERX, and its AFVentures division, which is designed to accelerate commercial technologies. Known as the Strategic Funding Increase (STRATFI), the STRATFI contract awarded to Boom is one o...
Aviation Technology
Wheels Up | September 26, 2023
Wheels Up Experience (NYSE: UP) today announced that it has closed the previously announced investment by Delta Air Lines, Certares Management LLC, Knighthead Capital Management LLC and Cox Enterprises. The new investment structure combines the experience of Delta, the No. 1 premium airline, with the travel and tourism focus of Certares and turnaround and restructuring experience of Knighthead. It includes an agreement for a $500 million credit facility to Wheels Up, with funds co...
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