16 July 2020

airBaltic posted revenues of €104 million for the first-quarter 2023

airBaltic succeeds in securing €250 million in new equity

Shareholders in Latvia’s carrier airBaltic have approved a €250 million (US$285 million) investment by the Republic of Latvia in order to assist it through the COVID-19 crisis. Martin Gauss, the CEO of airBaltic, said: “With this new equity investment we are executing our new business plan Destination 2025 CLEAN. This investment will facilitate the successful […]

airBaltic succeeds in securing €250 million in new equity Read More »

Hawker Pacific delivers special missions’ capability to New Zealand

Hawker Pacific, a Jet Aviation Company, has successfully delivered its final mission-focused Beechcraft King Air 350 to the New Zealand Defence Force (NZDF). The new multi-engine KA350 aircraft will begin service with a focus on new aircrew training. Accepting the aircraft on behalf of the New Zealand Government was the Hon. Ron Mark, Minister of Defence.

Hawker Pacific delivers special missions’ capability to New Zealand Read More »

VoltAero partners with KinectAir to develop clean, on-demand regional flight services with the Cassio hybrid-electric aircraft

The creation of a regional air mobility ecosystem for VoltAero’s new Cassio hybrid-electric airplane has taken an important step forward through the French company’s collaboration with U.S.-based KinectAir, which is developing a flexible on-demand flight network utilizing an artificial intelligence-enabled smartphone application. This cooperation foresees Cassio aircraft integrated with KinectAir’s short-haul infrastructure, applying artificial intelligence

VoltAero partners with KinectAir to develop clean, on-demand regional flight services with the Cassio hybrid-electric aircraft Read More »

Virgin Galactic appoints Michael Colglazier as Chief Executive Officer

Virgin Galactic Holdings (Virgin Galactic), a vertically integrated aerospace and space travel company, has appointed Michael Colglazier as its new Chief Executive Officer and George Whitesides as Chief Space Officer, effective July 20, 2020. Colglazier assumes the CEO role at an exciting time for Virgin Galactic as the company progresses through its test flight program

Virgin Galactic appoints Michael Colglazier as Chief Executive Officer Read More »

Airbus Helicopters wins order for latest ACH160 helicopter

Airbus Corporate Helicopters (ACH) has won a new order for its latest ACH160 helicopter, announced just days after the H160 achieved certification. This new order, placed by an experienced Italian operator for use on private and corporate flights mainly inside Italy, means the ACH160 has been ordered by customers in eight countries across North America,

Airbus Helicopters wins order for latest ACH160 helicopter Read More »

Honeywell expands navigation offerings to provide more options for precise data in areas without GPS

Honeywell is introducing the HGuide n380, a new inertial navigation system that communicates position, orientation and velocity of an object — such as an autonomous vehicle or unmanned aerial vehicle (UAV) —even when global navigation satellite signals are unavailable. Smaller and lighter than previous Honeywell inertial navigation systems, the HGuide n380 is built using Honeywell’s

Honeywell expands navigation offerings to provide more options for precise data in areas without GPS Read More »

As U.S. COVID-19 cases increase rapidly, American Airlines sends out 25,000 furlough notices

With the rise in numbers of COVID-19 cases in many U.S. states and new quarantine restrictions come into force, American Airlines (American) has announced that it has sent out 25,000 furlough notices to its employees with a warning that demand for air travel will likely drop once again. The Worker Adjustment and Retraining Notification Act

As U.S. COVID-19 cases increase rapidly, American Airlines sends out 25,000 furlough notices Read More »

Scroll to Top
AviTrader

FREE
VIEW