Airlines Struggle as $950 Million in Revenues Remain Blocked in Africa
IATA raises concern over African countries withholding $950 million in airline funds, affecting global ticket sales and airline operations.
Aviation
Air Taxis Get Green Light: FAA Unveils Final Rules for Electric Vertical Takeoff and Landing Aircraft
The FAA has released final rules for electric vertical takeoff and landing aircraft, clearing the way for air taxis and other electric-powered aircraft to take to the skies.
South African Airways Struggles to Recover $50 Million Stuck in Zimbabwe
South African Airways is struggling to recover $50 million stuck in Zimbabwe due to the country's foreign currency shortage, and is exploring options such as attaching assets in South Africa to recover the funds.
Space Development Agency Selects 19 Companies for Rapid Onboarding Program
The Space Development Agency selects 19 companies for its HALO program, aimed at rapidly onboarding new contractors for defense demonstration missions, with a focus on supporting the PWSA satellite constellation.
Air Taxis Take Off: FAA Rules Clear Way for Electric Flight
FAA finalizes rules for electric air taxis, paving way for commercialization of eVTOL aircraft and revolutionizing urban transportation.
Ethiopia Commits to Building Africa's Largest Airport by 2030
Ethiopia begins construction of Africa's largest airport, set to handle 100 million passengers annually, with Ethiopian Airlines ordering 124 new aircraft.
Ethiopia Commits to Building Africa's Largest Airport by 2030
Ethiopia begins construction of Africa's largest airport, set to handle 100 million passengers annually, with Ethiopian Airlines ordering 124 new aircraft.