A working group of dedicated individuals from the RMI and a group of five global financial institutions reflected on the past 20 months of hard work compiling the Pegasus Principles, which provide a c...
India-based seaplane operator MEHAIR has placed 50 firm orders for Sirius Aviation's Sirius Millennium Jet with an option to add 50 more, totalling approximately $400 million in value. ""This strat...
European budget airline Wizz Air has received a B score for its 2023 climate change ranking. The score was given by global environmental disclosure nonprofit CDP. The ranking is a significant improvem...
US-European aerospace startup Cosmic Aerospace has raised $4.5 million ($4.84 million) in seed funding to ‘accelerate the development’ of its 1,000 km-range ‘Skylark’ electric aircraft. The seed ro...
As the global aviation industry gradually begins to shift towards decarbonisation, Morningstar DBRS does “not expect the sector’s ratings to be materially affected by transitional risks in the near te...
South Korean airlines will be required to report their annual carbon emissions to the government from later this year, following legislation passed last week, reports Korean outlet Yonhap News Agency....
Dassault Aviation, its subsidiary Dassault Falcon Service (DFS) and Groupe ADP have signed a five-year agreement to promote sustainability incentives at Paris-LeBourget Airport, including the distribu...
“For me, carbon is really as important as the industrial revolution because we really have the opportunity to change completely the economic and social paradigm,” noted Alexis Leroy, CEO of Allcot, sp...
With uncertainty abounding about securing sufficient supplies of sustainable aviation fuel (SAF) to satisfy demand, Natasha Mann, CEO of Future Energy Global, highlighted that “capital is not flowing ...
Speaking at Airline Economics’ Sustainable Aviation Fuel and carbon financing conference day in Dublin, Mark Allen, head of corporate finance at SMBC Aviation Capital, explained that many of the compa...
Heart Aerospace, a Swedish hybrid-electric aircraft developer, has raised a $107 million in Series B funding, bringing the total financing raised to $145 million. New investors include Air Canada, Bre...
Speaking at Airline Economics’ Sustainable Aviation Fuel and carbon financing conference day in Dublin, Eamon Ryan – Ireland's minister for the environment, climate and communications, as well as the ...
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