DEFENSE AND SPACE, COMMERCIAL AVIATION
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.
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.
Southwest Airlines | September 19, 2022
Guitar Center, the world's largest musical instrument retailer, surprised passengers on Southwest Airlines® from Long Beach to Honolulu, with the first-ever in-flight ukulele class by Guitar Center on Friday, September 16.
Above the clouds, passengers onboard the Boeing 737-800 aircraft all received a Mitchell MU40 Soprano ukulele, a Road Runner carrying case and a unique lesson in the sky. Best-in-class Guitar Center Lessons instructors taught passengers how easy it is to learn to play the ukulele, one of Hawaii's happiest and most familiar instruments – so easy, passengers were able to learn to play the song "Hello, Aloha. How are you?" during the flight. Passengers on board kicked off their weekend travels flying across the Pacific Ocean, unified, one chord at a time, with a sweet-sounding surprise, and an unforgettable travel day to Honolulu.
Alexandra Windsor, educational affairs specialist for Guitar Center Lessons, and Ryan Miyashiro and Ryan Imata, Guitar Center instructors at Guitar Center's Pearl City store, led passengers in a group lesson to kick off their travel to the beautiful island of Oahu, Hawaii. "I've taught students through Guitar Center Lessons since 2014, but never in an airplane. It was inspiring to see how quickly passengers of all ages picked up the ukulele – many with no musical background. The ukulele is the perfect instrument for beginners, and it shows just how fun and easy learning something new can be," said Windsor.
"Our Customers anticipate warm Southwest Hospitality throughout their journeys with us, and these Surprise and Delight events are a unique way to create memorable experiences ,Today's celebration of Hawaiian culture and Southwest Hospitality underscore our everyday commitment to serve and celebrate the spirit of Aloha."
Brandy King, Senior Director of Public Relations at Southwest Airlines.
To celebrate the partnership beyond the in-flight entertainment, Southwest Airlines customers and Guitar Center fans can visit Southwest.fm/ukuleleflight to enter the Ukuleles Take Flight sweepstakes for a chance to win round trip air travel on Southwest for a winner and a guest, and two Mitchel MU40 Soprano ukuleles*. "Playing music is our passion at Guitar Center. Learning an instrument like the ukulele is an enriching and rewarding experience that creates lifelong benefits and memories. We offer Guitar Center lessons in almost any instrument online and in our stores across the country and for this one-time special flight, above the clouds! Not many people can say they learned to play a song on a Southwest flight to Hawaii!" said Donny Gruendler, Guitar Center VP of music education.
ABOUT GUITAR CENTER
Guitar Center is a leading retailer of musical instruments, lessons, repairs and rentals in the United States. With nearly 300 stores across the United States and one of the top direct sales websites in the industry, Guitar Center has helped people make music for more than 50 years. Guitar Center also provides customers with various musician-based services, including Guitar Center Lessons, where musicians of all ages and skill levels can learn to play a variety of instruments in many music genres; GC Repairs, an on-site maintenance and repairs service; and GC Rentals, a program offering easy rentals of instruments and other sound reinforcement gear. Additionally, Guitar Center's sister brands include Music & Arts, which operates more than 200 stores specializing in band & orchestral instruments for sale and rental, serving teachers, band directors, college professors and students, and Musician's Friend, a leading direct marketer of musical instruments in the United States. For more information about Guitar Center, please visit www.guitarcenter.com.
ABOUT SOUTHWEST AIRLINES CO.
Southwest Airlines Co. operates one of the world's most admired and awarded airlines, offering its one-of-a-kind value and Hospitality at 121 airports across 11 countries. Having celebrated its 50th Anniversary in 2021, Southwest took flight in 1971 to democratize the sky through friendly, reliable, and low-cost air travel and now carries more air travelers flying nonstop within the United States than any other airline1. Based in Dallas and famous for an Employee-first corporate Culture, Southwest maintains an unprecedented record of no involuntary furloughs or layoffs in its history. By empowering its more than 62,0002 People to deliver unparalleled Hospitality, the maverick airline cherishes a passionate loyalty among as many as 130 million Customers carried a year. That formula for success brought industry-leading prosperity and 47 consecutive years3 of profitability for Southwest Shareholders ( NYSE: LUV). Southwest leverages a unique legacy and mission to serve communities around the world including harnessing the power of its People and Purpose to put communities at the Heart of its success. Learn more by visiting Southwest.com/citizenship. Southwest is also continuing to develop tangible steps toward achieving carbon neutrality by 2050, including offering Customers an opportunity to help the airline offset its carbon emissions.
BUSINESS AVIATION, COMMERCIAL AVIATION
Canada Jetlines | September 23, 2022
Canada Jetlines Operations Ltd. Canadian, leisure airline, is proud to announce a worldwide distribution agreement with Sabre, the leading software and technology company that powers the global travel industry.This new long-term agreement ensures that Sabre will distribute the carrier’s comprehensive content for travel agencies and corporations through the Sabre travel marketplace (GDS) -- supporting Canada Jetlines in powering future revenue growth while reaching key market segments associated with the GDS. Canada Jetlines will leverage Sabre’s ancillary services to provide travel agencies around the world with access to the airline’s complete range of travel products, including fares and seat availability.
“We are pleased to have achieved this agreement with Sabre, which broadens Canada Jetlines’ distribution capabilities to meet our international growth objectives.This partnership aligns with our projected distribution strategy of providing the right content in the right channel. As a leisure airline, Canada Jetlines recognizes the key role that travel agencies play in our success.”
Duncan Bureau, Chief Commercial Officer of Canada Jetlines
The Sabre travel marketplace is instrumental in facilitating the marketing, sale and servicing of airfares, hotel rooms, rental cars, rail tickets and other types of travel to buyers around the world who use it to shop, book and manage travel.Canada Jetlines will begin operations out of its travel hub at Toronto Pearson International Airport (YYZ), with its first scheduled route into YYC Calgary International Airport on September 22, 2022, with biweekly flights operating Thursdays and Sundays out of Toronto (YYZ) to Calgary (YYC) from 07:55am EST – 10:10am MST and returns from Calgary (YYC) to Toronto (YYZ) 11:40am MST – 17:20 EST. Frequency will increase to three flights per week, Thursdays through Sundays, starting later in the fall.
About Canada Jetlines
Canada Jetlines is a leisure focused air carrier, which will utilize a growing fleet of Airbus 320 aircraft to provide Canadians with value vacation choices and convenient travel options. Canada Jetlines will provide exciting vacation packages to iconic Canadian destinations and beyond via strong partnerships with airports, CVB’s, tourism entities, hotels, hospitality brands, and attractions. With a projected growth of 15 aircrafts by 2025, Canada Jetlines aims to offer the best-in-class operating economics, customer comfort and fly-by-wire technology, providing an elevated guest centric experience from the first touchpoint. To learn more, please visit www.jetlines.com and follow on all social media platforms for news and updates.
China Eastern Airlines Global | November 08, 2022
China Eastern Airlines (CEA) signed an engine maintenance contract with Pratt & Whitney on Nov. 5, the opening day of the fifth China International Import Expo (CIIE), which is the first civil aviation purchase order inked at this year's CIIE
The contract is for the maintenance of CEA's V2500 engines of over 50 Airbus A320 aircraft, with an estimated contract value that accounts for over 50 percent of the total value of CEA's deals at the annual import-themed trade fair. CEA and Pratt & Whitney have cooperated with each other for over 20 years. Headquartered in CIIE's host city Shanghai, CEA participates in the world-class Expo for the fifth consecutive years as a core supporting enterprise, appointed air carrier, purchaser and service provider of CIIE.
The company and well-known suppliers from the US, the UK, Germany, the Netherlands, Singapore and Hong Kong, etc., have signed 15 deals worth more than $1.6 billion covering new technologies and new services in aviation. Both CEA's total value of deals and transaction volume this year have surpassed those of last year. Attaching much importance to aviation supplies, CEA signed 6 deals with world-renowned aviation companies such as Rolls-Royce, Air France-KLM, Lufthansa Technik, Collins Aerospace and Satair. The six deals are worth nearly 90 percent of the total value of the 15 deals.
The opportunities and platform created by the CIIE enable the CEA to further integrate itself with the innovative development pattern of the global aviation industry, deepen cooperation in and boost the steady development of industrial chains, and better serve the passengers, introduced an executive of CEA. CEA also aims to deepen mutually beneficial cooperative relations with world-leading enterprises such as Panasonic, GE, Pratt & Whitney and Honeywell at this year's CIIE, to contribute to global industrial recovery.