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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...
Aerospace
easyJet | November 05, 2020
An easyJet Airbus A320 yesterday returned to Berlin Brandenburg Airport following a bird strike. The incident is possibly the first of its type for an aircraft departing from runway 25L, as the runway was only opened yesterday morning. While a great degree of control is exerted on the air space around airports, there is one thing that is slightly more difficult to control. Mother Nature. After all, birds don’t realize the potential impact of flying in the vicinity of jet engines. Ho...
Air Transport
PRnewswire | June 15, 2023
Venus Aerospace, a Houston-based hypersonic startup enabling cost-effective one-hour global transport, welcomes the new addition of Airbus Ventures to its team of investors. "Venus has developed the world's first liquid-propellant rotating detonation rocket engine (RDRE) with a double-digit percentage increase in efficiency over standard regular engines, making the hypersonic economy possible," remarks Venus Aerospace CEO and co-founder Sassie Duggleby, who goes on...
Defense and Space
Curtiss-Wright Corporation | July 19, 2022
Curtiss-Wright Corporation announced that it has been selected by Airbus to provide custom electric actuation technology for the Main Deck Cargo Door on the future Airbus A350F freighter aircraft. The A350F, a variant of the Airbus A350, will be the first wide body freighter aircraft built with a majority of composite materials. Under the contract, Curtiss-Wright will provide Airbus with an electro-mechanical actuation solution that features rotary and linear actuators, alongside ...
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