Air Italy Announces Liquidation And Suspension Of Operations

Simple Flying | February 11, 2020

Air Italy has announced that it will suspend operations from the 25th of February. The Italian carrier will be liquidated following a meeting of shareholders today. Qatar Airways is a key shareholder in the airline, owning 49%. Earlier today many publications were reporting the possibility of liquidation. These were clearly well informed as the airline has officially announced that it will not operate after the 25th of February. Those with bookings beyond this date will be refunded, with flights operating as normal up until and including the 25th of February, albeit by other carriers.

Spotlight

India’s domestic air passenger traffi c crossed the 100-million mark for the fi rst time in 2017, led by New Delhi and Mumbai airports, which together accounted for a 69% share, according to Directorate General of Civil Aviation data.


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AVIATION TECHNOLOGY

WestJet Deploys MedAire In-Flight App Connecting Flight Crew With Doctors For Emergency Life-Saving Assistance

MedAire | July 27, 2022

WestJet announced an extension of its partnership with MedAire, an International SOS company that provides emergency medical assistance to cabin personnel during in-flight medical events. As the first airline in North America to fully leverage the MedAire In-Flight App, WestJet cabin personnel now have multiple ways to connect with MedLink doctors during a medical emergency. "The first fifteen minutes of a medical incident are the most critical to administer care, and through our efforts to prioritize safety above all, we are committed to providing our cabin crew with the best tools possible to assist our guests in the event of an emergency situation. Through the efforts of our operational teams, the deployment of the MedAire In-Flight App will reduce the amount of time it takes to connect with a first responder and greatly improve the likelihood of a positive outcome." Dr Tammy McKnight, WestJet Chief Medical Officer By combining technology, decades of expertise, AI assistance and text-based communication tools, WestJet cabin personnel will have frictionless access to the world's leading emergency medical physicians to ensure unwell passengers receive timely, accurate medical support. "Crew members are the first responders during in-flight medical events," said Dr Paulo Alves, Global Medical Director of Aviation Health at MedAire. "Their role is critical in ensuring guests' medical concerns are accurately assessed and communicated to the flight deck and the ground-based medical team. However, limitations in communication equipment throughout the cabin can make this challenging. Having the app guide a first responder through the most common and life-threatening events onboard helps them deliver on that responsibility." MedAire assists most of the world's airlines with more than 200 in-flight medical issues daily and has managed hundreds of thousands of in-flight medical events over the last 35+ years. The MedAire In-Flight App leverages the extensive knowledge of medical events that occur onboard and complements existing MedLink medical advisory services by Improving communication tools for flight crew to reach MedAire's MedLink doctors. Providing intuitive, guided patient assessment instructions for a crewmember to capture vital information that expedites care based on the type of medical emergency. Offering efficient and easy access for the flight crew to quickly engage MedAire's MedLink doctors for assistance during medical events. ABOUT WESTJET In 26 years of serving Canadians, WestJet has cut airfares in half and increased the flying population in Canada to more than 50 per cent. WestJet launched in 1996 with three aircraft, 250 employees and five destinations, growing over the years to more than 180 aircraft, 14,000 employees and more than 100 destinations in 23 countries pre-pandemic. Since the start of the pandemic, the WestJet Group of Companies has built a layered framework of safety measures to ensure Canadians can continue to travel safely and responsibly through the airline's Safety Above All hygiene program. During this time, WestJet has maintained its status as one of the top-10 on-time airlines in North America, as named by Cirium. ABOUT MEDAIRE MedAire, an International SOS company, has been a partner to the aviation industry since 1985; the aviation industry's proven leader for integrated travel risk management solutions to over 180 of the world's leading airlines and over 4,000 private aircraft, including 75% of fortune 100 companies. Integrated solutions include aviation security intelligence, real-time health and security advice and assistance, training, medical equipment, and professional services for crew and passengers in and beyond the cabin. MedAire handles thousands of calls annually to help crew and passengers manage medical and travel safety events in the air and on the ground with 24/7 access to emergency care doctors, nurses, and aviation security specialists.

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DEFENSE AND SPACE

AUTOMATION PIVOTAL TO STABILITY, PREDICTABILITY TO WAREHOUSE OPERATIONS, HONEYWELL REPORT SHOWS

Honeywell | July 13, 2022

Relentless eCommerce trends continue to put tremendous strain on distribution and fulfillment operations worldwide. A new Honeywell report reveals once-predictable consumer demand cycles centered around holidays and "peak seasons" have given way to a model where any month, week or day can be a holiday. Warehouse Automation: Future-Proofing the Global Economy, authored by Futurum Research, examines the importance of automation as an increasingly critical component in helping warehouse and distribution center operators meet new escalation points in consumer demand. "One of the biggest predictors of how a business will thrive in the hypercompetitive e-commerce and omnichannel marketplace is how well it improves its decision making in real time to make deliveries faster and more accurate. With rising service level agreements dictating order fulfillment process improvements, automation can help bring stability, predictability and potentially unlock greater efficiency to their operations." Keith Fisher, president of Honeywell Intelligrated "While warehouses have historically had a sense of predictability in demand cycles, we found that in today's warehouses and DCs, every day is as busy as peak," said Shelly Kramer, principal analyst and founding partner of Futurum Research. "While we can assume the level of strain this has placed on supply chain and fulfillment operations, we were able to get a better grasp of how businesses are approaching this shift in consumer expectations and adopting the right automation to meet their long-term business goals." The report also explores how the ongoing pandemic, global trade issues and regional conflicts have created long-term disruptions to the historically predictable throughput and capacity of warehouses and DCs. From concept and integration, Honeywell Intelligrated draws on its expanding portfolio and deep industry expertise to help warehousing, distribution and fulfillment companies optimize and manage their processes. The business offers integrated end-to-end automation solutions, warehouse execution systems and analytics solutions to improve throughput and keep workers safe. Honeywell Safety and Productivity Solutions provides products, software and connected solutions that improve productivity, workplace safety and asset performance for our customers across the globe. We deliver on this promise through industry-leading mobile devices, software, cloud technology and automation solutions, the broadest range of personal protective equipment and gas detection technology, and custom-engineered sensors, switches and controls. Honeywell is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.

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DEFENSE AND SPACE, COMMERCIAL AVIATION

Starburst Ventures Launches New Pre-Seed & Seed Fund Focusing on Aerospace & Defense Innovation

Starburst Ventures | September 22, 2022

Starburst Ventures, the first venture capital fund dedicated to investing across aviation, space, and defense, today announced the launch of its new early-stage fund. Focusing on aerospace, defense, security, as well as enabling sciences and technologies, Starburst Ventures is investing in the next generation of industrial, software and hardware companies.The fund's team will be led by Starburst Ventures' Founder and General Partner, François Chopard. A widely respected industry veteran, Francois founded Starburst in 2012, before A&D became the venture investment category it is today. François is joined by Benjamin Zeitoun as Investor. Together they hold a significant track record of securing investment and building startups from the early stage to IPO. Joining them in an advisory capacity is Jacqueline Tame, startup founder and former Deputy Director of the United States Department of Defense Joint Artificial Intelligence Center, and Natalya Bailey, Head of Strategy at Bloom Energy and former founder of Accion Systems, who was named top 15 most influential women in Space per Business Insider. Both will serve as hands-on advisors to provide unrivaled support in selecting investments and developing Starburst Ventures' portfolio companies. "The Starburst Ventures fund will be an imperative resource in developing the next generation of aerospace & defense companies,Having the opportunity to lead and oversee something so impactful is a true honor. I look forward to working with some of the brightest minds across aerospace innovation and business development." François Chopard, General Partner at Starburst Ventures Starburst Ventures' existing investments include participation in a recent $7.1 million seed round for Outpost, a sustainable satellite & Earth return company founded by Jason Dunn and Mike Vergalla, and backed by Moonshot Ventures & Draper Associates, as well as Strong Compute, a startup that recently completed its $7.8 million seed round and helps developers speed up machine learning training pipelines. Strong Compute is led by Ben Sand and backed by prolific investors including Sequoia Capital India, Folklore, Blackbird; and Skip Capital (led by Principal Kim Jackson). Other investments include companies wishing to stay under the radar, working on mapping the 27,000+ objects jamming Earth orbit to pave the way for space infrastructure, Open Source Intelligence platforms, and a revolutionary optical sensing payload. All five of these companies are at the cutting edge of aerospace innovation. We're excited that our thesis drives our investment in both deeptech and tech companies that have the potential to make a real impact in our sector and beyond,said Benjamin Zeitoun, Investor, Starburst Ventures. The Starburst Ventures fund's portfolio is a reflection of its leadership's unique ability to imagine the next wave of innovation in space, aviation, and defense systems. Starburst Ventures is an independent US venture capital firm owned by its General Partners with a deep commitment to building the future of aerospace and defense. About Starburst Ventures Starburst Ventures is the first venture capital fund exclusively dedicated to investing across aviation, space, and defense to build the future of Aerospace & Defense. The team is made up of Aerospace & Defense specialists, former founders, and accelerator operators who are on a mission to help early-stage founders accelerate their business development efforts across government & industry. About Starburst Starburst is an innovation catalyst in the aerospace industry. They are the first and only global aerospace accelerator, connecting startups with corporates, investors and government, while providing strategic growth and investment consulting services for all. With offices in Los Angeles, Paris, Munich, Singapore, Seoul, Tel Aviv, and Madrid, the team has built an ecosystem of key players with 15000+ of startups in its network. Starburst's accelerator program helps startups scale their business in aviation, space, and defense with access to the largest group of corporate stakeholders to help startups win their first contracts.

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AVIATION TECHNOLOGY

Sidus Space Celebrates the Successful Space-Qualification of Dhruva Space’s Satellite Orbital Deployer

Sidus Space, Inc. | July 06, 2022

Sidus Space, Inc. a Space-as-a-Service company focused on mission critical hardware manufacturing; multi-disciplinary engineering services; satellite design, production, launch planning, mission operations; and in-orbit support is proud to announce that Dhruva Space’s Satellite Orbital Deployer successfully achieved space-qualification on June 30. Dhruva Space’s Satellite Orbital Deployer has been successfully tested and space-qualified in the PSLV C53 mission. By achieving space qualification, the Deployer has proven that it can withstand and operate properly in the harsh environment of space, a necessary and critical milestone. The launch took place at 18:02 IST on June 30, 2022, from the Satish Dhawan Space Centre at Sriharikota, Andhra Pradesh, India. In December 2021, Jamie Adams, Sidus Space CTO participated in a Zero-G flight demonstration designed to simulate a microgravity environment to test the spring-loaded mechanisms and electronics that unlatch the door on the Orbital Deployer. Sidus Space will integrate Dhruva’s CubeSat deployer with its own Phoenix Deployer which is in development. The Phoenix Deployer accommodates a customized configuration of 3, 6 or 12 CubeSat deployers based on each mission’s need. This combined capability will allow the Sidus Space / Dhruva Space partnership to offer full-service CubeSat launch options to a large variety of customers. “Our successful testing and space-qualification of Dhruva Space’s Satellite Orbital Deployer marks a new chapter in India’s space history, and the PSLV C53 mission is an iconic milestone in the journey of Dhruva Space. This is also a big win for the Dhruva Space team who have all worked together with unrelenting determination to ensure the success of ultimately gaining space heritage. We look forward to supporting our international clients with CubeSat Deployers, Integration and Launch Services. The continued support from Sidus Space Inc over the past two years has been invaluable and we look forward to continuing this fruitful partnership.” Speaking on the success of the space-qualification, Sanjay Nekkanti, CEO, Dhruva Space Private Limited Sidus Space and Dhruva Space initially entered into a partnership in 2020 to collaborate and catalyze the design, development and commercialization of new innovative space technologies and services. This partnership, which leverages each company’s technologies, increases the breadth and depth related to both offerings and customers. In line with Sidus’ focus on international partnerships, in May 2022, Sidus Space and Dhruva entered into a new agreement to reinforce and expand their commitment to a continued partnership and collaboration. This partnership will support the missions of the space programs in India and the United States through strategic alignment and value-add agreements related to satellites, Mission Operations Centers, Ground Stations, space-related hardware and software, and other technologies. About Sidus Space Sidus Space located in Cape Canaveral, Florida, operates from a 35,000-square-foot manufacturing, assembly, integration, and testing facility focused on vertically integrated Space-as-a-Service solutions including end-to-end satellite support. The company’s rich heritage includes the design and manufacture of many flight and ground component parts and systems for various space-related customers and programs. Sidus Space has a broad range of Space-As-a-Service offerings including space-rated hardware manufacturing, design engineering, satellite manufacturing and platform development, launch and support services, data analytics services and satellite constellation management. Sidus Space has a mission of Bringing Space Down to Earth™ and a vision of enabling space flight heritage status for new technologies while delivering data and predictive analytics to domestic and global customers. Any corporation, industry, or vertical can start their journey off-planet with Sidus Space’s rapidly scalable, low-cost satellite services, space-based solutions, and testing alternatives. More than just a “Satellite-as-a-Service” provider, Sidus Space is a trusted Mission Partner–from concept to Low Earth Orbit and beyond. Sidus is ISO 9001:2015, AS9100 Rev. D certified, and ITAR registered. About Dhruva Space Private Limited Dhruva Space, founded in 2012, is a full-stack space engineering solutions provider based in Hyderabad, India, and in Graz, Austria. The company is active across space, launch, and ground segments, and supports civilian and defense clients worldwide. Dhruva Space offers satellite/s coupled with Earth station/s and launch services as an integrated solution or individually as technology solutions to power space-based applications on Earth and beyond. In October 2020, Dhruva Space was recognized with the National Startup Award by the Government of India for its efforts in Satellite and Space Technology. In March 2022, Dhruva Space was accoladed ‘Best SpaceTech Startup’ by Entrepreneur India’s StartUp 2022 Awards, and in April 2022, the company was featured in Fortune India’s ‘40 Under 40: India’s Brightest Young Minds’ edition.

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Spotlight

India’s domestic air passenger traffi c crossed the 100-million mark for the fi rst time in 2017, led by New Delhi and Mumbai airports, which together accounted for a 69% share, according to Directorate General of Civil Aviation data.

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