Delta, Others Invest $500M in Wheels Up Bailout
Short-term capital infusion is expected to help cash-strapped, on-demand private aviation firm avoid bankruptcy.
Short-term capital infusion is expected to help cash-strapped, on-demand private aviation firm avoid bankruptcy.
The company confirmed the August 9 accident in an SEC filing, and photos show significant damage to the aircraft.
It may sound like DHL plans to deploy Eve’s aircraft, but the agreement will actually see the former support the latter’s operations.
Archer finally got a monkey off its back, settling its litigation with Wisk Aero and turning its former foe into a key collaborator.
The new RDST Longtail comes in standard and premium configurations, each equipped with the company’s RDS2 delivery system.
The new sub-event is free to enter, open to all, and will hand out cash prizes to the winning pilots.
Get an update on Joby, Virgin Galactic, and more in this week’s Future of FLYING newsletter.
The U.S. drone maker will shift its focus toward enterprise and public safety customers four years after the release of its flagship consumer model.
The Galactic 02 mission carried the first Caribbean women, the first Olympian, and the second-youngest person ever to reach space.
Blade saw revenue growth in nearly all segments of its business, but those gains were balanced out by widening net losses.