Global airline industry net profits are expected to reach $23.3 billion in 2023 and $25.7 billion in 2024, a slight strengthening over earlier forecasts
The Judge, noting the industry's post-pandemic dynamic, said he was “having trouble” with a permanent injunction and was “hesitant” to implement the measure.
EasyJet is using artificial intelligence (AI) to predict demand and right-size its fleet planning, which is already beginning to deliver financial benefits.
In the run-up to COP28, European Commissioner for climate action Wopke Hoekstra laid out his views on why kerosene should be taxed at an international level.
France’s EcoPulse distributed electric propulsion demonstrator—developed by Daher, Safran and Airbus—has conducted its first flight in hybrid-electric mode.
One of the most prominent companies in the race to scale up SAF production has been taken over by a private equity consortium after facing a cash crunch.
UPS says the new HKG facility will have the capacity to handle around 1 million tons of cargo annually, although the expected build cost has not been revealed.
