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Spirit | July 23, 2020
Earnings season for airlines in the age of coronavirus means one thing: There are very few numbers that executives are excited to talk about. Spirit Airlines on Thursday was no exception. The ultra-low-cost airline reported that its total operating revenue for the second quarter was $138.5 million, a decrease of 86 percent year over year. But the airline is betting its low-cost structure could help it when the airline industry begins to recover. “We expect the rest of the summer to ...
Aerospace, Defense and Space, Aviation Technology
AAR | January 05, 2024
AAR CORP. a leading provider of aviation services to commercial and government operators, MROs, and OEMs, has announced a new multi-year agreement with Ontic, providing AAR distribution rights to supply a strategic selection of military products to the U.S. government, with exclusivity on specified parts. AAR currently provides military distribution support to Ontic's Cheltenham, United Kingdom, facility and commercial distribution support to Ontic's Creedmoor, North Car...
Design and Engineering
Electra.aero | December 30, 2021
A new generation of cost-efficient hybrid-electric aircraft is making on-demand regional air travel commercially feasible. Electra.aero, a US-based clean aviation technology company and flyv, a German company creating On Demand Air Mobility solutions, have partnered to develop a revolutionary customer-centric air mobility solution that leverages the economic advantages of Electra's sustainable flight technology to offer travelers the quickest, most cost-effective route between locations in u...
Air Transport
Businesswire | July 19, 2023
Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, successfully launched seven satellites for NASA, Space Flight Laboratory and Spire Global from Launch Complex 1 in New Zealand today at 13:27 NZST . The Baby Come Back mission was Rocket Lab’s seventh launch for the year and the Company’s 39th Electron launch overall. In addition to delivering a flawless primary mission of deploying...
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