Transportation
Spirit Airlines Files for Bankruptcy Protection After Failed JetBlue Merger and Rising Costs
Spirit Airlines, after months of financial struggles and a failed merger with JetBlue, files for bankruptcy protection but continues operations, securing $350M in funding.
Beltways Is Rethinking Mobility with Its Accelerating Walkway Technology
Beltways is a visionary company on a mission to transform how we get around in our cities. Imagine zipping effortlessly through bustling downtowns on a high-speed, dynamic, accelerating moving walkway system—no more waiting for buses or dealing with traffic jams. Their goal? We aim to reclaim our urban spaces from cars, make them more vibrant and accessible for everyone, and expand the reach of what's walkable.
Delta Demands Compensation for Microsoft Cyber Outage
Delta Airlines has hired David Boies, prominent attorney and chair of law firm Boies Schiller Flexner, in order to seek damages from CrowdStrike and Microsoft after an outage this month that caused millions of computers to crash, including those in airports.
China to Launch World's First Flying Taxi as EHang Seeks Air Operator License
Chinese flying taxi company EHang has moved closer to launching its commercial air mobility services as China's Civil Aviation Administration begins reviewing its air operator certificate application.