Sirius Aviation has created the first ever hydrogen-powered VTOL (vertical take off and landing) aircraft, the Sirius Jet, which was designed in collaboration with BMW’s Designworks and Sauber Group. ...
AAR has entered into a definitive agreement with Triumph Group to purchase MRO service provider, Triumph Product Support for $725 million in cash. As part of the transaction, AAR expects to receive es...
The EU Corporate Sustainability Reporting Directive (CSRD) will be introduced in January 2024. The directive will require companies with as few as 500 staff to report on the sustainability impact of t...
NASA and eVTOL developer Joby Aviation have successfully completed a series of air traffic simulations with NASA’s Ames Research Center that evaluated how air taxi operations can be integrated into to...
Eve Mobilidade Aerea Urbana, a subsidiary of Eve Air Mobility and a spinoff from Embraer, has concluded its first ESG financing guarantee operation with Bradesco Bank, which is aligned with the Green ...
oneworld Alliance will join the International Air Transport Association’s (IATA) CO2 Connect, becoming the first airline alliance to do so. All 13 oneworld member airlines will contribute operational ...
Pratt & Whitney Canada and Leonardo have completed the first AW139 flight powered by 100% sustainable aviation fuel, also marking the first time a PT6 engine has been flown using 100% SAF. The 75 minu...
CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), entered into its inaugural Sustainability Linked Loan (SLL) on December 1, 2023, anchored with ...
The Third Conference on Aviation Alternative Fuels (CAAF/3) hosted by the International Civil Aviation Organization (ICAO) has agreed a global framework to promote the production of sustainable aviati...
Sustainable aviation fuel (SAF) production has doubled in 2023 compared to last year, estimates the International Air Transport Association (IATA), with production expected to triple to 1.875 billion ...
Global aviation services company Dubai Aerospace Enterprise (DAE) has completed its annual review with Morningstar analytics, receiving the lowest ESG risk rating of all rated aircraft lessors assesse...
Virgin Atlantic’s inaugural 100% sustainable aviation fuel-powered flight, due to take off from London Heathrow to New York JFK today, marks a milestone for the first commercial airliner to complete a...
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