ATR received approval from the Science Based Targets initiative (SBTi) for its near-term emissions reduction targets. By year 2030, it is committed to 50.4% reduction of greenhouse gas (GHG) emissions related to its operational processes and energy consumption and 30% reduction in greenhouse gas emissions (GHG) generated by its in-service aircraft fleet.
The AAM Stock Composite dropped by 7% during the week ending Jan. 19, extending a losing streak that has seen the index shed nearly 19% since the year's start.
The President of the General Authority of Civil Aviation (GACA) of Saudi Arabia Abdulaziz Al-Duailej has used a speech at Wings India to outline the investment opportunities in the Kingdom under Vision 2030.
Airbus has signed an HCare Initial contract, a comprehensive by-the-hour services contract with Heligo Charter Private for six Airbus H145 helicopters.
Hunch Mobility, which provides helicopter air-taxi services in India, plans to be listed on the New York Stock Exchange via a merger with blank-check company.
Wind tunnel evaluations are giving Safran confidence about meeting the targeted noise levels of the RISE open-fan engine demonstrator, company executives say.