United Airlines Ventures (UAV) – the corporate venture fund set up to allow the airline to invest in sustainability concepts – with Breakthrough Energy Ventures (BEV) and Mesa Airlines, has invested i...
The UK airline industry is cautiously preparing for a resurgence in air travel as the UK Government continues to make positive noises about removing quarantine restrictions for double vaccinated trave...
The European Commission is scheduled to announce its “Fit for 55 package” on July 14, which is expected to outline changes to the European Union’s Emissions Trading Scheme (EU ETS) and provide guideli...
Yes the reality of commercial space flight for the masses remains decades away but the race between billionaires Jeff Bezos and Sir Richard Branson to be the first into space makes for captivating vie...
The European Commission has confirmed that it has opened an in-depth investigation to assess the proposed acquisition of Air Europa by IAG, under the EU Merger Regulation. The Commission states that i...
United Airlines is expanding its orderbook by 270 aircraft with new orders with Boeing and Airbus, under its “United Next” initiative. United’s 737 order book is swelled by additional 200 737 MAX jets...
PT Garuda Indonesia has announced that although it continues to “work diligently” to support its ongoing airline operations and to manage its finances with all “due prudence, it must continue to defer...
PAL Holdings (PHI), parent company of Philippine Airlines, has reported a net comprehensive loss of PHP73bn (approx. US$1.506bn) on total revenues of PHP55.3B and total expenses of PHP81.8B for the 20...
The European Commission Executive Vice President Valdis Dombrovskis and U.S. Trade Representative Katherine Tai reached an understanding this week on principles relating to large civil aircraft. The a...
Air Lease Corporation (ALC) has launched a second asset backed securitisation (ABS) under its Blackbird Capital moniker and the lessor’s fifth ABS overall. Blackbird Capital, a joint venture between A...
The Lufthansa Group has appointed BofA Securities (Bank of America), Deutsche Bank, Goldman Sachs and JPMorgan to help calibrate a possible capital increase. The airline states that the net proceeds w...
G7 leaders were urged to reduce aviation emissions by collectively committing to mandates for the use of sustainable aviation fuels (SAF) at session hosted in Cornwall on Friday by His Royal Highness ...
We're Social