Joint Venture News – Page 27 – Welcome to www.planesintheair.com

Garmin G3000 Integrated Flight Deck Selected by Joby Aviation for eVTOL Aircraft

WIL BALDWIN February 10, 2021

OLATHE, Kan./Feb. 10, 2020/Business Wire – Garmin® International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today announced a long-term agreement to provide the state-of-the-artGarmin G3000® integrated flight deck to Joby Aviation for their revolutionary all-electric vertical takeoff…

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United Airlines Works With Archer Aviation to Accelerate Production of Electric Aircraft

WIL BALDWIN February 10, 2021

CHICAGO, Feb. 10, 2021 /PRNewswire/ -- United Airlines (Nasdaq: UAL) today announced that it has completed an agreement to work with air mobility company Archer as part of the airline's broader effort to invest in emerging technologies that decarbonize…

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Lockheed Martin Picks ABL Space Systems to Power First UK Vertical Satellite Launch

WIL BALDWIN February 8, 2021

HARWELL, Oxford, Feb. 8, 2021 – Lockheed Martin [NYSE: LMT] has contracted ABL Space Systems, of El Segundo, California, a developer of low-cost launch vehicles and launch systems for the small satellite industry, to supply a rocket…

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Qantas Group Targets Domestic Growth with Alliance Airlines Capacity Deal

WIL BALDWIN February 3, 2021

A new deal with Alliance Airlines will help the Qantas Group meet an expected surge in local tourism demand once the country moves beyond sudden COVID-related border closures. Alliance will provide the QantasLink network with…

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Alaska Air Group Reports Fourth Quarter 2020 and Full-Year Results

WIL BALDWIN January 26, 2021

Financial Results: Reported net loss for the fourth quarter and full year 2020 under Generally Accepted Accounting Principles (GAAP) of $430 million, or $3.47 per diluted share, and $1.3 billion, or $10.59 per diluted share. These results compare to fourth quarter…

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Sikorsky-Boeing Reveals Advanced Assault Helicopter Design to Revolutionize U.S. Army Capability

WIL BALDWIN January 25, 2021

Sikorsky, a Lockheed Martin Company (NYSE: LMT), and Boeing (NYSE: BA) today released details of its advanced helicopter for the U.S. Army’s Future Long Range Assault Aircraft competition, known as FLRAA. The aircraft, named DEFIANT…

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Kansas City Southern and NorthPoint to Develop 220-Acre Wylie Logistics Park in Texas

WIL BALDWIN January 21, 2021

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Kansas City Southern (NYSE: KSU) announced today that it has entered into a joint agreement with NorthPoint Development to develop the master planned Wylie Logistics Park in Wylie, Texas, located adjacent to…

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AirAsia Boosts Supply Chain Capabilities With AC2 Group

WIL BALDWIN January 4, 2021

AirAsia Group, the world’s best low-cost carrier for 11 consecutive years, is proud to announce its partnership with AC2 Group to install Blue Yonder’s warehouse management solution (WMS) to digitally transform its supply chain capabilities…

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Wizz Air Abu Dhabi Takes to the Sky

WIL BALDWIN December 29, 2020

Wizz Air Abu Dhabi, the newest national airline of the United Arab Emirates, today confirmed that Athens will be its inaugural destination, with flights from Abu Dhabi International Airport starting on 15 January 2021. Fares…

Qantas & Japan Airlines Form Tourism Recovery Business Venture

WIL BALDWIN December 27, 2020December 27, 2020

Qantas and Japan Airlines (JAL) today announced plans to form a new joint business, designed to better serve customers travelling between Australia, New Zealand and Japan and support the tourism industry’s recovery when international flying…