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SITA | June 16, 2022
SITA announced the launch of SITA Flex-as-a-Service, a next-generation "beyond common-use" platform that allows airlines to provide a completely mobile experience to passengers while enabling the flexibility to rapidly respond to passenger's changing needs. With passenger numbers ramping up sharply in many parts of the world, airlines and airports have been hard-pressed to respond quickly. SITA Flex APIs will enable airlines to create new and bespoke passenger proces...
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...
COMMERCIAL AVIATION
Nova Capital | December 02, 2021
LCI, a leading aviation leasing company, announces an agreement to acquire Nova Capital Aviation (Ireland) Limited, a division of the Nova Capital Group. Nova Capital Aviation (Ireland) Limited represents the twin-engine rotary and fixed-wing aircraft lease division of the Nova Capital Group, with single-engine operations remaining within the Group. The acquisition will result in a substantial expansion of LCI's leasing platform to over 140 twin-engine rotary an...
Urban Aeronautics | November 10, 2021
Urban Aeronautics, the Israel-based aerospace company behind CityHawk, the advanced, compact eVTOL (electric vertical takeoff and landing vehicle) with a distinct, wingless exterior and patented fully-enclosed Fancraft™ rotor system, today announced a new partnership with Universal Avionics, an Elbit Systems company and a leading manufacturer of innovative commercial avionics systems. The innovative partnership will feature Universal Avionics' ClearVision™ Enhanced Flight Vision ...
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