Air

American Robotics Becomes First Company Approved by the FAA To Operate Automated Drones Without Human Operators On-Site

Friday, January 15, 2021 - 11:59pm

American Robotics , a leading developer of fully-automated commercial drone systems, today became the first company approved by the Federal Aviation Administration (FAA) to operate automated drones without human operators on-site.

Key Points: 
  • American Robotics , a leading developer of fully-automated commercial drone systems, today became the first company approved by the Federal Aviation Administration (FAA) to operate automated drones without human operators on-site.
  • View the full release here: https://www.businesswire.com/news/home/20210115005587/en/
    With this approval, American Robotics is now able to operate its fully-automated drones without human operators on the ground.
  • With this approval, American Robotics Scout System is now the first drone technology allowed to continuously operate without this costly human requirement.
  • With these approvals, American Robotics is ushering in a new era of widespread automated drone operations, said Reese Mozer, CEO and co-founder of American Robotics.

Asia Pacific Fiber Optic Gyroscope Market to 2027 - COVID-19 Impact and Regional Analysis - ResearchAndMarkets.com

Friday, January 15, 2021 - 3:02pm

The "Asia Pacific Fiber Optic Gyroscope Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Sensing Axis, Device, and Application" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Asia Pacific Fiber Optic Gyroscope Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Sensing Axis, Device, and Application" report has been added to ResearchAndMarkets.com's offering.
  • The report provides trends prevailing in the APAC fiber optic gyroscope market along with the drivers and restraints pertaining to the market growth.
  • Adoption of fiber optic gyroscope in remotely operated vehicle is the major factor driving the growth of the APAC fiber optic gyroscope market.
  • However, issues associated with presence of alternate solutions hinders the growth of APAC fiber optic gyroscope market.

North American Industry for Airport Antenna to 2027 - Advancement in Airport Infrastructure are Driving Growth - ResearchAndMarkets.com

Friday, January 15, 2021 - 2:59pm

Advancement of airport infrastructure is the major factor driving the growth of the North America airport antenna market.

Key Points: 
  • Advancement of airport infrastructure is the major factor driving the growth of the North America airport antenna market.
  • However, issues associated with expensive installation and maintenance of aircraft antennas hinders the growth of North America airport antenna market.
  • The North America airport antenna market has been segmented into airport type, antenna type frequency band and application.
  • Based on airport type, the North America airport antenna market is segmented into military airport and commercial airport.

Aviation Capital Group Announces Closing of $750 Million of Senior Unsecured Notes

Friday, January 15, 2021 - 2:07pm

Aviation Capital Group LLC (ACG), a leading aircraft asset manager, announced today the closing of its sale of $750 million aggregate principal amount of 1.950% senior unsecured notes due 2026 (the Notes).

Key Points: 
  • Aviation Capital Group LLC (ACG), a leading aircraft asset manager, announced today the closing of its sale of $750 million aggregate principal amount of 1.950% senior unsecured notes due 2026 (the Notes).
  • ACG intends to use the net proceeds from the Notes for general corporate purposes, including repayment of outstanding indebtedness and the purchase of commercial aircraft.
  • The Notes are recourse only to ACG and are not guaranteed by ACGs parent company, any of ACGs subsidiaries, or any third party.
  • Aviation Capital Group was founded in 1989 and is one of the worlds premier full-service aircraft asset managers with approximately 400 owned, managed and committed aircraft as of December 31, 2020, which are leased to approximately 85 airlines in approximately 40 countries.

Volocopter Launches Campaign to Bring Electric Air Taxi Services to U.S. Cities 

Friday, January 15, 2021 - 1:00pm

This sets the basis for Volocopter to bring their electric air taxi services to the American market.

Key Points: 
  • This sets the basis for Volocopter to bring their electric air taxi services to the American market.
  • Through long-standing, fruitful relationships with cities like Singapore , Paris , and Dubai , Volocopter has already demonstrated their expertise in electric flight for inner-city mobility.
  • Compared to other eVTOL players in the UAM industry, Volocopter is focused on promoting seamless, 100% electric mobility within congested cities.
  • The VoloCity, Volocopters electric air taxi, is designed to meet the highest aircraft safety standards and features the lowest noise development in the industry.

MiX Telematics Announces Date of Third Quarter Fiscal 2021 Conference Call and Webcast

Friday, January 15, 2021 - 11:05am

MiX Telematics (NYSE: MIXT and JSE: MIX), a leading global provider of connected fleet and mobile asset management solutions, today announced it will report its third quarter fiscal 2021 results for the period ended December 31, 2020 before the U.S. financial markets open on Thursday, January 28, 2021.

Key Points: 
  • MiX Telematics (NYSE: MIXT and JSE: MIX), a leading global provider of connected fleet and mobile asset management solutions, today announced it will report its third quarter fiscal 2021 results for the period ended December 31, 2020 before the U.S. financial markets open on Thursday, January 28, 2021.
  • MiX Telematics management will also host a conference call and audio webcast at 8:00 a.m. (Eastern Daylight Time) and 3:00 p.m. (South African Time) on Thursday, January 28, 2021 to discuss the Company's financial results and current business outlook.
  • The live webcast of the call will be available at the Investor Information page of the Companys website, http://investor.mixtelematics.com .
  • MiX Telematics shares are publicly traded on the Johannesburg Stock Exchange (JSE: MIX) and on the New York Stock Exchange (NYSE: MIXT).

Virgin Galactic Announces Date of Fourth Quarter and Full Year 2020 Financial Results and Conference Call

Thursday, January 14, 2021 - 9:05pm

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (Virgin Galactic or the Company), a vertically integrated aerospace and space travel company, today announced that it will report its financial results for the fourth quarter and full year 2020 following the close of the U.S. markets on Thursday, February 25, 2021.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (Virgin Galactic or the Company), a vertically integrated aerospace and space travel company, today announced that it will report its financial results for the fourth quarter and full year 2020 following the close of the U.S. markets on Thursday, February 25, 2021.
  • Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
  • Virgin Galactic Holdings, Inc. is a vertically integrated aerospace and space travel company, pioneering human spaceflight for private individuals and researchers, as well as a manufacturer of advanced air and space vehicles.
  • It is developing a spaceflight system designed to offer customers a unique and transformative experience.

JetBlue Announces Webcast of Fourth Quarter 2020 Earnings Conference Call

Thursday, January 14, 2021 - 9:30pm

JetBlue Airways Corporation (Nasdaq: JBLU) announced today that it will hold its quarterly conference call to discuss fourth quarter 2020 financial results on January 28th, 2021 at 10:00 a.m.

Key Points: 
  • JetBlue Airways Corporation (Nasdaq: JBLU) announced today that it will hold its quarterly conference call to discuss fourth quarter 2020 financial results on January 28th, 2021 at 10:00 a.m.
  • A live, listen-only webcast of the call will be available on JetBlue's investor relations website at the following web address:
    For those unable to listen to the live webcast, it will also be archived on JetBlue's investor relations website under 'Audio Archives' following the conference call.
  • JetBlue is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan.
  • JetBlue carries customers across the U.S., Caribbean, and Latin America.

US Travel Agency Air Ticket Sales Show Seasonal Trend in December

Thursday, January 14, 2021 - 4:00pm

* Year over year, December sales were down 83% compared to December 2019, when sales totaled $6.1 billion.

Key Points: 
  • * Year over year, December sales were down 83% compared to December 2019, when sales totaled $6.1 billion.
  • As a leader in air travel intelligence and omnichannel retailing, ARC provides platforms, tools and insights that help the global travel community connect, grow and thrive.
  • Results are based on monthly sales data ending December 31, 2020, from 11,172 U.S. retail and corporate travel agency locations, satellite ticket printing offices and online travel agencies.
  • Average ticket price (in USD) for a round-trip ticket settled through ARC for an itinerary that included only U.S. domestic travel.

Global UAV Payload and Subsystems Market (2020 to 2025) - Growth, Trends, and Forecast - ResearchAndMarkets.com

Thursday, January 14, 2021 - 3:14pm

Owing to the tactical advantages, both defense and commercial operators in several countries have been investing in developing and procuring small drones with enhanced imaging capabilities.

Key Points: 
  • Owing to the tactical advantages, both defense and commercial operators in several countries have been investing in developing and procuring small drones with enhanced imaging capabilities.
  • Miniaturization COTS technologies are providing low-ISR products for even the smallest UAVs in the market.
  • Several military-grade UAV manufacturers are investing keenly towards integrating advanced sensors in their UAV offerings in an effort to enhance their flight characteristics.
  • Such developments are envisioned to bolster the business opportunities for the market in focus during the forecast period.