Richmor Aviation, Inc.

Buying Business Travel | January 21, 2020

Lufthansa Group has become the first airline company to invest in business travel platform TripActions, kicking off a strategic partnership. The investment – made through the Lufthansa Innovation Hub – comes as TripActions continues to expand into Europe after opening offices in London and Amsterdam in 2018. It marks Lufthansa’s fourth investment in a tech company and closes a Series D funding round with more than US$250 million raised at a valuation of US$4 billion. TripAction...

DEFENSE AND SPACE

Astronics Corporation | June 13, 2022

Astronics Corporation a leading provider of advanced technologies for global aerospace, defense and other mission critical industries, announced today that it has signed an agreement with Southwest Airlines to provide its EMPOWER® Passenger In-Seat Power System for installation on 475 Boeing 737 MAX-7 and MAX-8 aircraft. This award is part of Southwest’s recently announced significant cabin upgrade initiative to enhance the Customer experience. The system configuration s...

United Airlines | May 31, 2020

In a burst of optimism, United Airlines has announced it will beef up its international schedule in July by returning to 11 overseas cities. “United’s always going to be larger internationally than our peers,” United CEO Scott Kirby said during an investor conference this week when asked about how the airline will rebuild its route map, according to the aviation blog The Points Guy....

AVIATION TECHNOLOGY

NEWONE S&T | June 13, 2022

NEWONE S&T Co., Ltd., a technology venture company, announced that it had acquired Certification of Aviation Security Equipment Performance from the Ministry of Land, Infrastructure, and Transport for the first time in Korea. The first product in Korea to obtain Certification of Aviation Security Equipment Performance is a piece of explosive and drug trace detection equipment. IONAB was 100% developed using proprietary technology based on IMS. Only about five co...