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145. Korean Air 500MD Unmanned Helicopter Completes Inaugural Flight
A Korean Air 500MD (KUS-VH) unmanned helicopter successfully completed its inaugural flight on 30 July. The flight, which took place at Korea Aerospace Research Institute’s aviation center located in Goheung, lasted for about 30 minutes. The 500MD unmanned helicopter took off and hovered 10 meters (30ft) above the ground, showcasing the capabilities and functionality of the unmanne
146. Airbnb Appoints Mike Orgill as GM of South East Asia, Hong Kong and Taiwan
Airbnb has appointed Mike Orgill as General Manager of Southeast Asia, Hong Kong and Taiwan. The appointment is a promotion for Mike, as he previously held the role of Director of Public Policy for Asia Pacific at Airbnb. Before that, he led Google's public policy efforts for emerging markets in Asia, and worked at the US-ASEAN Business Council in Washington D.C.
147. Carlson Wagonlit Travel Appoints Michelle Frymire as EVP and CFO
Carlson Wagonlit Travel (CWT) has appointed Michelle Frymire as Executive Vice President and Chief Financial Officer (CFO). Based in Minneapolis, Michelle will report to Kurt Ekert, President & CEO of CWT and serve as a member of the CWT Executive Leadership Team.
148. Singapore Airlines Acquires Stake in Data Republic
Singapore Airlines has acquired a minority stake in Australia-founded Data Republic. The stake in Data Republic was acquired through a placement of new shares. A statement of no objection was received recently from the Australian Foreign Investment Review Board for the share purchase.
149. AccorHotels Signs Two Mövenpick Resorts in Vietnam
AccorHotels has signed two new resorts in Vietnam. Slated to open in the fourth quarter of 2021, the opening of Mövenpick Resort Van Phong and Mövenpick Resort & Spa Halong Bay will add 525 rooms to AccorHotels' rapidly growing portfolio in the region.
150. Lockheed Martin and Airbus to Jointly Explore Aerial Refuelling for US Military
Lockheed Martin has signed an agreement with Airbus to jointly explore opportunities to meet the growing demand for aerial refuelling for US defence customers. The companies will seek to provide aerial-refuelling services to address any identified capacity shortfall and to meet requirements for the next generation of tankers capable of operating in the challenging environments of t
151. Red Planet Partners GreenOak for Japan Expansion
Red Planet Japan has formed a joint venture with funds managed by GreenOak Investment Management K.K., the Japanese arm of GreenOak Real Estate, that will develop Red Planet branded hotels in select city centres throughout Japan. GreenOak shall invest up to 5 billion yen in the venture, while RPJ shall invest just over 555 million yen and, with non-recourse debt, the venture shall
152. Hyatt Completes Acquisition of Two Roads Hospitality
Hyatt has completed its acquisition of Two Roads Hospitality. With the addition of five established lifestyle brands - Alila, Destination, Joie de Vivre, Thompson, and tommie - Hyatt has expanded its brand presence into 23 new markets with management and license agreements for 74 open and operating hotels across North America and Asia, and a robust pipeline of signed management agr

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