Although much of the shine has worn off them at the beginning of 2022, SPACs have successfully funneled billions of dollars to early-stage technology companies, including multiple aerospace startups — giving them the capital they need to supercharge research and development and take experimental concepts through certification.
The COVID-19 pandemic has made strange bedfellows out of Delta Air Lines and Qatar Airways, who are on the same side to save bankrupt LATAM. Virgin Galactic's Mach 3 concept for a supersonic airliner is more than a little squishy. The FAA has started the clock on public comments for the 737 Max return to service and other goings on for the grounded airliner.