CPaT GLOBAL, TX was selected by Lion Group Training Center to provide distance learning systems for ATR, A320, A330, and 737 pilot training. PT. Mitra Aviasi Perkasa served as CPaT's representative in Indonesia.
HORIZON AIRCRAFT (Robinson Aircraft) completed business combination with PONO CAPITAL THREE and will now operate as publicly-traded company, on NASDAQ, as NEW HORIZON AIRCRAFT to develop a hybrid eVTOL aircraft.
EQUIPMAKE, UK was selected by H55 to develop 100kW fully certified Electric Propulsion System (EPS) for 2-seat Bristell B23 Energic electric trainer being developed in partnership with BRM AERO; certification is planned in 2024.
DELTA AIR LINES had $2b net income on $14.2b revenues in 4Q23 vs $828m on $13.4b in 4Q22; and $4.6b net income on record $58b revenues in 2023 vs $1.3b on $50.6b in 2022. It ended year with $6.8b in total liquidity and is expecting record March quarter revenue on improving domestic environment and continued strength in international demand.
