Singaporean state investment company Temasek has committed an initial $5 billion to launch GenZero, an investment platform dedicated to accelerating decarbonization globally.
JetBlue Airways sweetened the terms of its bid to acquire Spirit Airlines, part of an effort to win over Spirit’s shareholders ahead of a fast approaching vote on whether to merge with Frontier Airlines.
It used to be that maintenance demand was easily predictable based on factors such as global fleet flight hours and cycles. This recovery is not exactly following that path.
Dutch carrier KLM is restoring operations at its Amsterdam Schiphol home base, after cascading operational problems forced it to halt inbound European flights to the airport on the afternoon of June 4.
Aircraft concepts using hydrogen and sustainable aviation fuel (SAF) are in a neck-and-neck race at the midpoint of a German research project to develop designs for climate-neutral commercial airliners that could be operational by 2035.
In two separate deals, U.S. lessor Azorra has bought 37 aircraft formerly owned by Nordic Aviation Capital (NAC), while Abu Dhabi-based Sirius Aviation Capital Holdings has acquired seven mid-life narrowbodies.
DHL Express is investing in solar power projects across all its regional facilities, with the first solar photovoltaic (PV) installation completed in its Amman facility, which will reduce energy consumption by 100%.
Kenya’s National carrier, Kenya Airways has demonstrated the future of sustainable aviation by flying an environmentally sustainable B787-800 Dreamliner flight from Nairobi to Amsterdam.