by Dino D'Amore | Dec 14, 2022 | Cargo, Zone: Asia/Pacific
Teleport has raised new growth capital of $50 million from large institutional credit investors to extend its cross-border delivery capabilities in all key Southeast Asian markets. Teleport plans to use these funds to induct additional freighters, build critical hubs...
by Dino D'Amore | Dec 14, 2022 | Technology, Zone: Europe
Venture capitalists and private equity professionals expect a substantial increase in the number of orders for electric vertical take-off and landing (eVTOL) aircraft over the next two years. According to research by evtol manufacturers Horizon Aircraft, one in six...
by Dino D'Amore | Dec 14, 2022 | Maintenance, Zone: Americas
Germany’s Lufthansa Technik and Avianca have signed a contract covering repair and overhaul of components for the Colombian carrier’s Boeing 787 fleet, the two companies announced on December 14. The deal is the latest arrangement in their decade-old...
by Dino D'Amore | Dec 14, 2022 | Airports, Zone: Europe
Dublin Airport Authority chairman Basil Geoghegan has sought to rebut criticism over the cancellation of dozens of flights into and from the hub in recent days. “Notwithstanding current sub-zero temperatures, Dublin Airport’s winter readiness plans meant that all...
by Dino D'Amore | Dec 14, 2022 | Technology, Zone: Americas
Boom Supersonic said it has designed a new propulsion system to power its Overture supersonic jet, which it says will be the world’s fastest airliner when it launches in 2027. The propulsion system, which it calls Symphony, would be a “bespoke design...
