Mesa Airlines, Inc.

American Airlines | August 13, 2020

American Airlines is preparing to scrap flights serving two dozen small and medium cities as the expiration of federal coronavirus aid that placed restrictions on carriers from cutting service approaches, according to an executive at the airline. Carriers are required to maintain minimum levels of service through Sept. 30 under a $25 billion federal aid package that also prohibited layoffs through the end of the third quarter. American was granted $5.8 billion in support under the program....

Aviation Technology

SITA | August 12, 2021

SITA, the leading IT provider to the air transport industry, and LiveAction, the leader in network performance management, today announced the availability of a new reporting solution that gives customers complete visibility and service assurance across WAN and SD-WAN deployments. Based on LiveAction’s LiveSP, the SITA SDN Reporting Platform is available as part of SITA Service Management Assurance, an industry-leading Service Management offering that helps customers achieve maximum value ...

Aerospace

PRnewswire | March 29, 2023

Satellite launch service company Isar Aerospace today announced the closing of its USD 165m (EUR 155m) Series C round. To date in 2023, this is the largest SpaceTech financing round globally and one of the largest European DeepTech fundraises. The round is backed by 7-Industries Holding, Bayern Kapital via its Scale Up Fund Bavaria, Earlybird Venture Capital, HV Capital, Lakestar, Lombard Odier Investment Managers, Porsche Automobil Holding SE (Porsche SE), UVC Partners, and Vsquared Ventu...

Defense and Space

Universal Hydrogen | March 06, 2023

Universal Hydrogen Co. is developing a hydrogen logistics network to power aviation in the future. The company recently completed flying a 40-passenger regional airliner using hydrogen fuel cell propulsion. Lightning McClean (nickname of the flight) took off from Grant County International Airport (KMWH) and flew for 15 minutes at 8:41 AM PST, reaching 3,500 meters above mean sea level (MSL). The airplane was the first flight in a two-year flight test campaign under an FAA Special Airworth...