SAL Saudi Logistics Services (SAL) – Saudi Arabia’s leading ground handling and logistics company – has signed an agreement with Classic Automotive Relocation Services (CARS) to provide comprehensive logistics support for all its car shipments passing through the Kingdom’s main airports, land ports & seaports, including Riyadh, Jeddah, Dammam, and Medina.
The programme leads this week with the news on Air India finally being privatised and returning to the hands of the Tata group in a move that appears popular with the people and competitors.
Universal Hydrogen has raised an additional $62 million in funding to take the startup through initial flight testing of its hydrogen fuel-cell propulsion conversion for regional turboprops.
The British Business General Aviation Association (BBGA) says business aviation demand has already surpassed prepandemic levels in parts of the UK, but challenges remain, ranging from lingering Brexit-related issues to tackling sustainability.
Axiom Space, which is working with NASA to develop a commercial successor to the International Space Station, announced this week the completion of three joint design reviews for the project.
Startup Space Perspective announced a $40 million venture capital fund raising on Oct. 14, claiming the largest round yet for a space tourism balloon company and coming months after a successful demonstration.
Germany’s Volocopter has partnered with Austrian commercial vehicle manufacturer Schwarzmuller to develop a mobile takeoff and landing platform for the VoloDrone electric unmanned cargo aircraft.
Satellite broadband provider OneWeb has successfully placed more than half of its constellation into low Earth orbit following the 11th launch of its campaign from Vostochny spaceport in Russia’s Far East at 5:40 a.m. EDT Oct. 14.
Reliable Robotics has raised an additional $100 million in funding to continue development of its remotely operated aircraft system for cargo and passenger aircraft.
Universal Hydrogen (UH2) has raised an additional $62 million in funding to take the startup through initial flight testing of its hydrogen fuel-cell propulsion conversion for regional turboprops.