Drone cargo airline Dronamics completes 1st flight of flagship aircraft

This story first appeared at flyingmag.com. When you hear the words “black swan,” you probably think of the award-winning Natalie Portman movie. But the phrase originated centuries ago as a metaphor for events thought to be impossible, or “black swan events.” As it turns out, however, black swans actually exist, which gives the symbol new…

TriumphPay pulls in biggest audit and payment network customer so far: Worldwide Express

TriumphPay has signed up its biggest client to date for its integrated audit and payment network, inking a deal with the Worldwide Express group of companies, which includes GlobalTranz. TriumphPay’s integrated network has been in full operation for about 18 months, since its first late-2021 “conforming transaction” that utilized all the functions of the existing…

US, EU object to cargo concentration in Korean Air, Asiana merger

Korean Air faces the prospect that its deal to acquire indebted Asiana Airlines could fall apart over U.S. and European Union concerns about reduced competition on certain cargo routes.  The U.S. Department of Justice is considering legal action to stop the merger because of concern the combined airline would dominate routes to the U.S. that…