Tag: airline
With a reported deal in the wings for Joby Aviation, electric aircraft soars to $10B business
One year after nabbing $590 million from investors led by Toyota, and a few months after picking up Uber’s flying taxi business, Joby Aviation is reportedly in talks to go public in a SPAC deal that would value the electric plane manufacturer at nearly $5.7 billion. News of a potential deal comes on the…
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LanzaJet inks deal with British Airways for 7500 tons of fuel low emission fuel additive per year
LanzaJet, the renewable jet fuel startup spun out from the longtime renewable and synthetic fuel manufacturer, LanzaTech, has inked a supply agreement with British Airways to supply the company with at least 7500 tons of fuel additive per yer. The deal marks the second agreement between the UK-based airline and…
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FAA issues rules for supersonic jet flight testing in the U.S.
The U.S. Federal Aviation Administration (FAA) has issued new final rules to help pave the way for the re-introduction of supersonic commercial flight. The U.S. airspace regulator’s rules provide guidance for companies looking to gain approval for flight testing of supersonic aircraft under development, which includes startups like Boom Supersonic,…
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EasyJet says 9 million travel records taken in data breach
EasyJet, the U.K.’s largest airline, said hackers have accessed the travel details of 9 million customers. The budget airline said 2,200 customers also had their credit card details accessed in the data breach, but passport records were not accessed, a company statement said. EasyJet did not say when the security…
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United Airlines will now cut its domestic flights by 52%
United Airlines, which had already announced drastic cuts to its domestic and international schedule, today announced even deeper cuts. While the carrier was originally planning to cut 42 percent of its domestic schedule, that number is now up to 52 percent as demand for flights continues to dwindle in light…
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Qatar Airways adds 10K seats while other airlines draw down their schedules
While most domestic and international airlines are cutting thousands of flights from their schedules due to the fallout of the COVID-19 pandemic, Qatar Airways is taking another route. The airline is actually stepping up some of its flying again, after also announcing some cuts in the last few days, by…
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