The fallout of Russia’s invasion of Ukraine has spread to the global aviation industry with two more European countries banning Russian carriers and the European Union saying it would restrict the exports of aircraft parts. Virgin Atlantic and British Airways… Read More ›
aviation industry
Joby Aviation, Signature Flight Support and JetBlue Airways Corp team up to develop aviation carbon credits
In a statement electric air taxi startup Joby Aviation, Signature Flight Support and JetBlue Airways Corp said, they are partnering to develop aviation carbon credits for using electric and hydrogen propulsion technologies. The move, aligned with the U.S. aviation industry’s… Read More ›
Germany lays out roadmap towards green aviation fuel
In a significant development, German Chancellor Angela Merkel’s government has agreed with the aviation industry and regional authorities on a roadmap for the development and use of “green” aviation fuel. The aim of the plan is to ensure that starting… Read More ›
Berkshire Hathaway Inc sold 100% stakes in 4 biggest U.S. airlines in April
On Saturday, in a statement Warren Buffett, the Chairman of Berkshire Hathaway Inc said, Berkshire Hathaway had sold 100% stake in the four largest U.S. airlines in April, at the company’s annual general meeting wherein he said, “the world has… Read More ›
Qantas Airways pledges to slash carbon emission to net 0 by 2050
In a development that marks growing awareness towards climate change, on Monday, Qantas Airways Ltd pledged to slash its carbon emissions to net zero by 2050. Its pledge comes in the wake of IAG also doing the same. “We’re doing… Read More ›