COLUMBUS, Ohio, Feb. 6, 2026 /PRNewswire/ -- The NetJets Association of Shared Aircraft Pilots (NJASAP) applauds Congress for advancing essential investments in aviation safety, stabilizing Federal Aviation Administration (FAA) operations and reinforcing the integrity of the National Airspace System (NAS) as part of the Consolidated Appropriations Act, 2026, H.R. 7148. The act includes several provisions of note to the 3,700-plus pilots who fly in the service of NetJets Aviation, Inc., a Berkshire Hathawa ...

MCLEAN, Va.--(BUSINESS WIRE)-- #AIRO--AIRO Group Holdings (Nasdaq: AIRO) announces that CEO Captain Joe Burns has been named a 2025 Miami University RedHawk50 Honoree, recognizing alumni who are driving impactful innovation and leadership across global industries. A Miami University graduate, Captain Burns has led major advancements across commercial and military aviation. Before joining AIRO, he held senior leadership roles at United Airlines, improving safety, operational performance, and nextgenera. ...

Core Viewpoint - Vertical Aerospace has announced a long-term partnership with Evolito to supply electric propulsion units for its commercial eVTOL aircraft, Valo [1] Group 1: Partnership Details - The partnership aims to leverage Evolito's expertise in high-performance electric propulsion systems [1] - Evolito will provide its unique electric propulsion unit architecture, which is lightweight and designed for efficiency [1] Group 2: Product Focus - The electric propulsion units will power Vertical Aerospace's Valo aircraft, which is part of the company's initiative in electric aviation [1]

Core Insights - JetSetGo and Vertical Aerospace have signed a Memorandum of Understanding (MoU) for the purchase of 50 Valo aircraft and a strategic collaboration to develop Advanced Air Mobility (AAM) services in India [1][2] Group 1: Partnership Details - The MoU establishes a framework for joint development of route networks, operating models, regulatory engagement, and commercial rollout of electric and hybrid-electric aircraft in India [2] - JetSetGo will lead market research and operational planning for metro and short-haul regional routes, conducting technical evaluations and feasibility studies [3] - Vertical Aerospace aims for type certification of Valo by 2028 under UK and European regulators, with global validations to follow [4] Group 2: Aircraft Specifications - Valo is designed to fly up to 160 km at speeds of 240 km/h with zero operating emissions and meets airliner-level safety standards [2] - Vertical is also developing a hybrid-electric variant of Valo, which offers increased range and mission flexibility [2][7] Group 3: Market Context - The partnership aligns with the growing demand for Advanced Air Mobility in India, as indicated by early demand indicators for specific city pairs and intra-city corridors [4] - JetSetGo's strategy focuses on connecting dense cities and underserved regional markets where ground travel options are limited [3] Group 4: Company Backgrounds - JetSetGo, founded in 2014, aims to revolutionize private air travel in India by making it more accessible and transparent [5][6] - Vertical Aerospace is a global leader in electric aviation, with approximately 1,500 pre-orders for Valo from customers across four continents [9]

ओ माय गॉड। सो ऑल सेट ऑल द टेक्निकल टीम सेट एंड लेट्स स्टार्ट नाउ। हु ऑल वांट अ जॉय राइड इन द प्लेन। दिस वाज़ द फर्स्ट क्वेश्चन आई हर्ड समवेयर आउट इन द स्काई। आई वाज़ जस्ट 17 एट दैट टाइम। लाइक आल क्यूरियस किड्स। आई रेज़ माय हैंड। टू द इंस्ट्रक्टर एंड सेड मी आई क्लियरली रिमेंबर दैट आई वास फिफ्थ इन सीक्वेंस लुकिंग एट द ग्लाइडर अगेन एंड अगेन इन द एनसीसी काउंटिंग द सर्किट्स लुकिंग एट एवरीवन हु वाज़ इक्वली एक्साइटेड लाइक मी एज आई सेट इंटू द कॉकपेट समथिंग चेंज्ड एज आई फ्लू समथिंग चेंज्ड दैट वाज़ द फर्स्ट टाइम टाइम आई व ...

Group 1 - NRG Energy, Inc. has appointed Sanjay Kapoor to its Board of Directors, effective February 3, 2026, and he will also serve on the Board's Audit Committee [1][2] - Kapoor's appointment increases NRG's Board to 11 members, enhancing its expertise in industrial, financial, and operational leadership [2] - Kapoor has over 30 years of experience in senior financial and operational roles, particularly in regulated and complex industries [3] Group 2 - Kapoor is the retired Executive Vice President and CFO of Spirit AeroSystems and has held leadership positions at Raytheon and United Technologies, where he significantly increased revenue [4] - He has extensive board experience with companies such as Crane Company, SAAB, Inc., and Black & Veatch, contributing to governance in industrial and technology-driven markets [5] - NRG is a major provider of electricity, natural gas, and smart home solutions to eight million customers across North America, operating approximately 25 GW of power generation [6]

Core Insights - Leigh Marie Braswell, a partner at Kleiner Perkins, has emerged as a notable figure in venture capital, particularly in the AI sector, despite her unconventional entry into the field [2][3] - Braswell's investment strategy is influenced by her background in poker, emphasizing the importance of tracking probabilities and making informed decisions in uncertain environments [5] Company and Industry Highlights - Braswell began her venture capital journey by angel investing in 2020, with her first investment in Ambience Healthcare, which is now valued at $1.1 billion [2] - At Kleiner Perkins, Braswell has been instrumental in backing significant AI deals, including Windsurf (an Alphabet acquihire) and Neon (acquired by Databricks), showcasing her impact in the venture capital landscape [3] - The current portfolio at Kleiner Perkins under Braswell includes companies like Nooks, Convoke, Reevo, Avoca, and Forge, indicating her diverse investment interests [3] - The venture capital firm Kleiner Perkins is undergoing a turnaround, led by Mamoon Hamid and Ilya Fushman, with Braswell being recognized as a rising star within the firm [2]

Core Insights - GE Aerospace announced a multi-year investment plan of up to $300 million to enhance engine repair capabilities in Singapore, supported by the Singapore Economic Development Board (EDB) [1][2] - The investment aims to transform engine repair operations through advanced automation, digitization, and AI-enabled inspection technologies over a five-year period from 2025 to 2029 [2][4] - The partnership with EDB is expected to reinforce Singapore's position as a global aerospace hub and create new job opportunities [4][5] Investment and Technology - The investment will introduce new technologies and repair processes, focusing on improving Safety, Quality, Delivery, and Cost (SQDC) for customers [4] - Key components of the investment include the establishment of an AI Centre of Excellence, predictive maintenance, and automated digital inspection to enhance service delivery [4][6] - GE Aerospace has been applying AI in its products and services for over a decade and holds a significant number of patents in the aviation industry [5] Operational Impact - GE Aerospace's Maintenance, Repair, and Overhaul (MRO) facilities support over 49,000 commercial aircraft engines globally, including approximately 3,800 engines in the Asia-Pacific region [5] - The company employs more than 3,000 people in the Asia-Pacific area, providing services such as engine disassembly, maintenance, repair, inspection, and testing [5] - The investment will also expand the engine component portfolio and enhance regional support as a premier service center for the Asia-Pacific region [6]

India investigates after jets brush wings at Mumbai airport https://t.co/Xsgr9KklXQ ...

Core Viewpoint - Joby Aviation (JOBY) is experiencing a high valuation with a market cap of approximately $10 billion, trading at an EV/revenue multiple exceeding 200x, primarily due to its limited revenue of $23 million last quarter, which is significantly higher than traditional aerospace peers [1][8]. Financial Performance - Joby reported $22.6 million in revenue for Q3 September 2025, a substantial increase from nearly zero revenue in the same quarter the previous year [11]. - The company incurred a net loss of $0.48 per share, which was worse than the consensus loss estimate of $0.19. R&D expenses rose to $149 million, an 18% increase year-over-year, while SG&A expenses were $45 million [12]. - Joby ended the quarter with approximately $978 million in cash and equivalents, supported by a $576 million equity raise in October, with an operating cash burn of about $357 million year-to-date [13]. Market Activity - Joby stock has been volatile, with a 52-week high near $21 in spring 2025, but shares have since retreated approximately 36% from that peak following a $1.2 billion equity raise announcement [2][3]. - Cathie Wood's ARK Invest purchased about 780,000 shares of Joby on January 29, valued between $8.7 million and $10.4 million, indicating a strong belief in the company's long-term potential [6][9]. Business Model and Strategy - Joby is developing a five-seat, all-electric VTOL aircraft aimed at urban travel, with a target range of 150 miles and a cruise speed of 200 mph. The company is leveraging partnerships with Uber and Toyota to enhance its service offerings [4]. - The company has conducted over 600 test flights in 2025 and is working on integrating its services with the Uber app, which could position it as a leader in the emerging urban-air mobility market [14]. Analyst Sentiment - The current analyst consensus on Joby stock is a "Hold," with a median price target of around $12.14. Analysts emphasize that successful execution of milestones is crucial for the stock's performance [15].