As the global air transport sector races to decarbonize, airlines are exploring a wide variety of solutions to reduce their greenhouse gas emissions and overall impact on climate change.
Air Canada is examining how its low-cost subsidiary Rouge will evolve after the company opted to reorient Rouge’s operations during the COVID-19 pandemic.
AerCap is the most exposed of any Western lessor to recent developments in Russia with a fleet of 135 aircraft and 14 engines leased to customers in the country.
Package carrier FedEx Express is planning to conduct tests of startup Elroy Air’s Chaparral autonomous cargo aircraft in 2023 in its middle-mile logistics operations, moving shipments between sorting locations.
SkyTeam member Kenya Airways significantly reduced its 2021 full-year operating loss to KES6.8 billion ($58.7 million), narrowed from a KES27.1 billion loss in 2020.
The terms for the takeover of Scottish ground handler John Menzies have been finalized, giving it an enterprise value of approximately £763 million ($1 billion).
Air New Zealand has revealed details of an NZ$2.2 billion ($1.5 billion) recapitalization package, which the government will participate in to maintain its majority share.
With Swiss International Airlines as its first customer, solar kerosene startup Synhelion has selected Germany’s Ineratec to provide the Fischer-Tropsch technology required to produce carbon-neutral aviation fuel using concentrated sunlight.
The investment is the third sustainable aviation fuel (SAF) deal in the portfolio of United Airlines Ventures, which is focused on investing in next-generation aviation technologies including SAF, hydrogen- and electric-powered aircraft.
The UK aerospace industry has broadly welcomed a government decision to provide £685 million ($897.2 million) in funding for the Aerospace Technology Institute to accelerate the development of green aviation technologies.
China has issued visas to NTSB investigators and U.S.-based technical advisors representing other key stakeholders, clearing the way for them to travel to the country and join the China Eastern Airlines Flight MU5735 accident investigation.
Strong interest in electric vertical-takeoff-and-landing (eVTOL) vehicles is a clear sign airlines globally are taking the need to decarbonize seriously, according to the head of one of the largest lessors of commercial aircraft.
Latin and Caribbean airline association ALTA is praising a new resolution designed to encourage the development of sustainable aviation fuel (SAF) in the region.
