Apax Partners

April 30, 2010 - 4:54am

The first geostationary satellite for India’s Gagan GPS space-based augmentation system (SBAS)–essentially similar to Waas–was lost on April 15 when its launch rocket’s second-stage cryogenic engine failed to ignite. That followed the early-April loss of Intelsat’s Galaxy 15 geosat, which was carrying the FAA’s Pacific Waas transponder.

April 22, 2010 - 12:04pm

The first geostationary satellite for India’s Gagan GPS space-based augmentation system (SBAS)–essentially similar to Waas–was lost on April 15 when its launch rocket’s second-stage cryogenic engine failed to ignite. That followed the early-April loss of Intelsat’s Galaxy 15 geosat, which was carrying the FAA’s Pacific Waas transponder. The satellite was slowly drifting out of orbit and could no longer provide usable GPS accuracy corrections.

May 9, 2008 - 5:51am

Inmarsat, the main satellite communications provider to civil aviation, maritime and land-mobile users, has been placed on the sales block after the company once again canceled plans to float a public stock offering. At press time, three suitors–Apollo Advisers, Apax Partners and Permira–were understood to be on the verge of submitting final bids to purchase the UK-based company, estimated to be worth about $1.6 billion.

March 19, 2008 - 7:52am

Rockwell Collins and Connexion by Boeing are teaming to create a broadband satellite data service for business jets that will fly first aboard Bombardier’s Global 5000 and Global Express XRS.

September 26, 2007 - 11:21am

British racing driver Colin McRae was killed when the Eurocopter AS 355 Twin Squirrel he was flying crashed near his home in Scotland on September 15. The accident happened at 4:10 p.m. near Lanark, 27 miles south of Glasgow, and also killed McRae’s five-year-old son and two friends. According to local press reports, there was rain at the time of the crash but visibility was reasonable.

 
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