Commercial aviation decarbonisation innovator ZeroAvia has concluded a new Series A funding round by raising an additional $21.4m.
The Kingdom of Saudi Arabia has reportedly revealed plans to invest SAR8bn ($2.1bn) to strengthen its space programme by 2030.
The International Air Transport Association (IATA) has again called on governments worldwide to provide additional financial support to aviation.
British manufacturer Rolls-Royce has said it is evaluating raising equity of up to £2.5bn amid the coronavirus (Covid-19) pandemic.
The UAE's Dubai Government has supported state-owned carrier Emirates with AED7.3bn ($2bn) in financial aid to help deal with the impact of the coronavirus (Covid-19) pandemic.
The Singapore Government has planned to set aside S$187m ($136m) to support the country’s aviation sector.
The UK’s aerospace trade body ADS Group has urged the government to support the sector, which is currently at risk because of the Covid-19 crisis.
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