Virgin Atlantic filed for bankruptcy protection in the US courts on Tuesday, a move that initially sparked concerns among travelers about the future of the company. Fortunately the filing, made under Chapter 15 of the US Bankruptcy Code, is more of a procedural play than anything to be concerned about.
Virgin Galactic makes a move in supersonic travel
Virgin Galactic knows that not everyone will go to space. The company is now (slightly) broadening its potential customer base with plans for a Mach 3 aircraft, focused on delivering high-speed travel around the globe.
Cargo passenger hybrids coming to US airlines
Airlines around the world removed the seats from their passenger planes to make more room for cargo. But not in the US. That could change very soon, as the FAA now allows for exemptions to cargo restrictions, engineering companies are securint certifications for the new configurations and airlines are getting the paperwork in order to make the shift.
Astronics still sees opportunity in BizAv IFC market
Astronics is ready to move beyond the AeroSat antenna challenges of years past. In today’s quarterly earnings call CEO Peter Gundermann exuded confidence in the potential for the company’s latest partnership, with SES and Collins Aerospace, for a tail-mount solution to fly on larger biz jets.
Swanky cabins for space or safety: The Weekly Wrap
Swanky space cabins and safer airline cabins lead this week’s episode, while more options for buying blocked seats are reaching the market. Add some more nutritional food on board and this Weekly Wrap is ready to fly!
Amazon commits $10 billion to Kuiper LEO constellation
What does it take to put a new low earth orbit (LEO) satellite constellation into service? The myriad technical challenges are not to be underestimated, of course, but a lot of it comes down to money. In the case of the Amazon Kupier project that’s a $10 billion commitment.
Eutelsat expands direct retail broadband sales with Bigblu acquisition
Eutelsat has big new plans for selling retail broadband services across Europe. The company will acquire Bigblu Broadband (excluding its Nordics operations) for 38 million GBP. The deal brings approximately 50,000 customers into the network.
Gogo to trim headcount as recovery optimism weakens
Gogo is eliminating 143 fulltime positions, predominantly from the Company’s Commercial Aviation business. The move aims to “align the scale of its organization with current demand for aviation connectivity services” as the current industry downturn continues to impact its revenue, especially in the commercial aviation segment.
Boom Supersonic picks an engine manufacturer (for further discussions)
Should the Boom Supersonic jet take flight later this decade there’s a very strong chance it will be powered by Rolls-Royce engines. While this is not a formal engine model selection it does advance the project and provides further indications as to how the program might take flight.
Eutelsat, Intelsat team up to sell QUANTUM capacity in MENA
When Eutelsat’s QUANTUM enters service in 2021 it will have two companies working to sell its capacity. A new deal with Intelsat announced today allows both companies to sell the satellite’s Ku-band capacity to customers.