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Western Europe s 1st vertical spaceport cleared for launch, hopes to see rockets fly in 2024

Western Europe's first vertical spaceport receives a launch license, paving the way for the continent's debut rocket flight next year.

Shetland islandsUnited kingdomAlan thompsonColin macleodMatt archerUnited kingdom civil aviation authorityAugsburg rocket companyUk space agencyLockheed martinRocket company augsburgUk civil aviation authorityCivil aviation authorityGerman headquartered hyimpulseRange operator licenseLaunching licenseLaunch license

SaxaVord Spaceport receives U K license

A launch facility under development in the Shetland Islands has become the first licensed vertical spaceport in the United Kingdom.

United statesUnited kingdomShetland islandsFrank strangVolodymyr levykinColin macleodTim johnsonUk civil aviation authorityWestminster business forumUk space agencyAviation authoritySaxavord spaceportSpaceport cornwallNewquay airport cornwallVirgin orbitRocket factory augsburg

Western Europe s 1st vertical spaceport cleared for launch, hopes to see rockets fly in 2024

Western Europe s first vertical spaceport receives a launch license, paving the way for the continent s debut rocket flight next year.

United kingdomShetland islandsColin macleodMatt archerAlan thompsonLockheed martinUk civil aviation authorityUnited kingdom civil aviation authorityRocket company augsburgAugsburg rocket companyUk space agencyCivil aviation authorityGerman headquartered hyimpulseRange operator licenseLaunching licenseLaunch license

Heathrow Sees Rise in Revenue on Strong Passenger Numbers

By Anthony O. Goriainoff London's Heathrow Airport said it expects to report a rise in revenue and adjusted Ebitda for 2023 on a strong traffic recovery in.

Anthonyo goriainoffChina investment corpQatar investment authorityUk civil aviation authorityHeathrow airportArticle normalTrusts funds financial vehiclesAir transportFinancial servicesInvesting securitiesSovereign wealth fundTransportation logisticsFinancial performanceEarnings projectionsCorporate industrial newsMarkets marketing

Saudi Arabia dives deeper into Western assets as it looks set to become the majority owner of the U K s busiest airport in a $12bn deal

The Sunday Times of London reports that the PIF could take a 60% share in Heathrow Airport alongside private equity group Ardian.

Saudi arabiaSaudi investment fundUk civil aviation authorityPremier leagueSunday timesLondon heathrow airportHeathrow airportNewcastle unitedStandard charteredAviation authoritySaudi arabiaSaudi investment fundSovereign wealth fundsBusiest airportWestern assetThe airport

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