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Air Transport
Businesswire | August 07, 2023
Archer Aviation Inc. a leader in electric vertical takeoff and landing (eVTOL) aircraft, today announced that it has significantly expanded its partnership with the DoD by signing new contracts with the U.S. Air Force with a total value of up to $142 million. The new contracts signal the U.S. military's recognition of the transformative potential Archer’s innovative eVTOL aircraft brings to our country’s Armed Forces. This new execution phase of the partnership includes the...
US Department of Transportation | June 09, 2020
The US Department of Transportation (DOT) will extend its financial support to airlines that cancel “Essential Air Service” (EAS) flights due to lack of demand stemming from the coronavirus pandemic. The agency had already authorised paying 50% of subsidies for flights cancelled due to lack of demand as long as carriers serve the destinations with at least one round trip daily, six days weekly. In Alaska, carriers must complete at least 50% of weekly schedules to receive payme...
Bristow Group | August 30, 2021
Bristow Group Inc., the world's leading global provider of vertical flight solutions to government and civil organizations, and Electra.aero, Inc. a pioneering developer of clean and efficient aviation technology solutions, today announced they have signed a Memorandum of Understanding (MOU) to pursue a Joint Development Agreement (JDA) and Purchase Agreement under which the two firms will cooperate on the technical development and certification, as well as marketing and future operations of...
Defense and Space
CLEAR | June 23, 2022
CLEAR announced the launch of our trusted and secure identity technology at Greenville-Spartanburg International Airport. GSP is CLEAR's first airport in the Carolinas, and 44th across the U.S. The launch is expected to create 17 jobs and generate $1.5 million annually in local economic activity. As part of the partnership, members in the CLEAR program can verify their identity simply by using their eyes or fingerprints, replacing the need to show their driver's license. A...
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