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Articles tagged “aircraft”

Startups

Nezasa Raises $4.7 Million for Tour Operator Software: Startup Funding Roundup

Nezasa wants to make life easier for travel operators, and Electra is designing a plane to take off from a 150-foot runway.

Nezasa Raises $4.7 Million for Tour Operator Software: Startup Funding Roundup

Startups

Lilium Raises $192 Million for Electric Taxi Jets: Startup Funding Roundup

Lilium is trying to keep its stock price up as it develops its first product, an electric flying taxi that several companies have agreed to purchase.

Lilium Raises $192 Million for Electric Taxi Jets: Startup Funding Roundup

Startups

Scapia Raises $9 Million for Travel Rewards Credit Card

Scapia is offering a lot of travel rewards for its credit card users, while Utu wants to modernize tax-free shopping.

Scapia Raises $9 Million for Travel Rewards Credit Card

Tourism

Boeing Revises Jet Delivery Forecast Due to Low-Cost Carrier Demand

Low-cost carriers are very confident about their future in the aviation market.

Boeing Revises Jet Delivery Forecast Due to Low-Cost Carrier Demand

Airlines

China Says Its New Home-Grown Plane Signals the End of the Aviation Duopoly

China has a large domestic market for the C919. But Comac would have to get Europe and the U.S. to certify the aircraft if it really hopes to begin to challenge Boeing and Airbus.

China Says Its New Home-Grown Plane Signals the End of the Aviation Duopoly

Airlines

Airbus in Talks for New China Jet Order Ahead of Macron Visit

Airlines in China may lean towards Airbus when buying planes because of tensions between Beijing and Washington. That may boost Airbus' sales, especially of its short-haul, single-aisle jets. Poor Boeing.

Airbus in Talks for New China Jet Order Ahead of Macron Visit

Startups

PteroDynamics Raises $7.5 Million for Aircraft With Folding Wings

PteroDynamics wants to enter the commercial market with a novel vertical takeoff and landing aircraft that has folding wings.

PteroDynamics Raises $7.5 Million for Aircraft With Folding Wings

News Blog

Tony Fernandes Steps Down as Acting Group CEO of AirAsia X

Tony Fernandes has stepped down as the acting group CEO of Capital A's long-haul budget carrier AirAsia X citing "other commitments," the airline announced in a note to investors on Monday. "I’m now going to focus on delivering significant value to shareholders of Capital A, including the AirAsia Aviation Group, aviation services, logistics, travel, fintech…

Airlines

Russian Airlines With Foreign-Leased Planes Told Not to Fly Abroad

All Russian airlines must cope with mass cancellations and refunds, echoing the early days of the pandemic. For instance, Aeroflot and S7, Russia's two largest airlines, said they were halting flights to the dozens of countries they serve.

Russian Airlines With Foreign-Leased Planes Told Not to Fly Abroad

Airlines

EasyJet Faces a Shareholder Vote Showdown With Its Founder Over Plane Order

EasyJet founder Sir Stelios Haji-Ioannou owns 35 percent of the airline's shares, and he only needs 50 percent of shareholders casting votes to defeat the company's management and force the budget carrier to kill a plane supply deal with Airbus. We can see why he likes his odds of winning.

EasyJet Faces a Shareholder Vote Showdown With Its Founder Over Plane Order