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Last Updated: Tuesday, Oct. 29, 2024, 8:32 AM PDT
2024-10-29T08:32:55.889204-07:00 2024-10-29T08:32:55.889204-07:00 (2024-10-29T08:32:55.889204-07:00)
SpaceNews.com
• Sandra Erwin
Pentagon’s commercial satellite internet services program soars to $13 billion
By SpaceNews.com: DoD is raising its Proliferated Low Earth Orbit (PLEO) Satellite-Based Services program from an initial $900 million ceiling to a projected $13 billion.
SpaceNews.com
• Park Si-Soo
Korean SAR satellite firm Lumir goes public; Shares slide after initial rally
By SpaceNews.com: SEOUL, South Korea — South Korean satellite developer Lumir saw its share decline steadily following a brief rally on its first day of trading. Since going public on South Korea’s KOSDAQ exchange O….
Runway Girl
• Mary Kirby
Neo Space Group details Thai Airways IFC deal; talks growth plans
By Runway Girl: Neo Space Group (NSG), is a subsidiary of Saudi Arabia’s Public Investment Fund, is on the march in inflight connectivity, announcing new deals at the APEX Global EXPO.
Skift
• Gordon Smith
Lufthansa’s Earnings Position has ‘Deteriorated Significantly’
By Skift: Despite record revenue, capacity growth, and efficiency drives, the Lufthansa Group posted a mixed set of financial results on Tuesday.
Airways Magazine
Lufthansa Group Reports 9% Drop in Q3 Net Profit
Also:
Skift,
FlightGlobal,
Reuters,
Simple Flying,
World Airline News,
Euronews,
Daily Sabah
and
5 more
Breitflyte
• Joe Breitfeller
JetBlue Reports Third Quarter 2024 Net Loss of $60 Million or $0.17 per Diluted Share
By Breitflyte: JetBlue has reported a third quarter 2024 net loss of $60 million or ($0.17) per diluted share on a year-over-year increase in revenue of...
Airline Economics
JetBlue records $60 million net loss during third quarter
airport-suppliers.com
• Airport Suppliers
Regulatory approvals to drive Air One’s freighter solutions to China, Japan and Malaysia
By airport-suppliers.com: New flight approvals in Asia will signal the expansion of Air One’s freighter solutions into China, Japan, and Malaysia as well as its commercial presence in the region.
Also:
FlightGlobal
GlobalAir.com
• Haley Davoren
Piper M700 FURY earns new type certifications
By GlobalAir.com: The new M700 FURY has achieved new milestones with type certifications in new regions. Customers can expect deliveries to begin soon. .
