Society of Aeronautics and Rocketry (SOAR) at USF

Air Transport

PRnewswire | March 28, 2023

Skyryse, bringing trust, safety, and the accessibility of flight through a highly-automated and touchscreen flight control system, opened the doors to its new El Segundo headquarters this week. As the company continues to hire aviation and aerospace talent and charges toward certification, it has outgrown its 9,000 sq. ft. office space and opens its doors to a new state-of-the-art workspace in El Segundo, widely recognized as the aerospace capital of the world. After quickly bui...

Air Transport

PRnewswire | April 27, 2023

Vortex Aviation, a global leader in quick turn commercial aviation engine maintenance, repair, and overhaul (MRO) services, is excited to announce the opening of its new facility in Chicago (Roselle), Illinois (USA) to provide unparalleled support for engine asset owners, airlines, lessors, and cargo operators. This will be Vortex Aviation's fourth strategic FAA and EASA approved facility, expanding the capabilities of the Hospital Shop and Field Services, which provide effi...

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

Wheels Up | January 28, 2022

Wheels Up Experience Inc. (NYSE: UP), the leading brand in private aviation, today announced it has reached an agreement to acquire Air Partner PLC (LSE: AIR), a U.K.-based global aviation services group with operations in 18 locations and across four continents. Under the terms of the transaction, Wheels Up will acquire the entire issued and to be issued ordinary share capital of Air Partner for 125 pence per share, equivalent to an enterprise value of approximately $107 million. The acquisitio...