ARPA-E released $10 million in funding for 6 projects as part of the Connecting Aviation By Lighter Electrical Systems ( CABLES ) topic. CABLES is one of a set of Continue Reading
The chief executives of the biggest airlines in the United States are set to meet virtually with the White House National Climate Adviser and an economic adviser to the President Continue Reading
Oil prices have rallied since the start of this year, pushed up by the OPEC+ cuts tightening the market and the vaccine rollouts. Analysts and industry leaders have already called Continue Reading
Prefer to watch a video about jet fuel demand? Find Goldman Sachs’ latest forecast here Jet fuel prices hit a 13-month high last week as oil prices rose, making airlines’ Continue Reading
A turboprop design is gaining momentum within Airbus SE as the solution to its challenge of developing a hydrogen jet by 2035, according to people familiar with the matter. The propeller Continue Reading
United Airlines wants to fly you to the airport. United Airlines Holdings Inc. said Wednesday that it plans to buy up to 200 flying taxis from an electric aircraft startup, Continue Reading
As if the airline sector needed another trouble on top of the reduced travel demand due to the pandemic, oil prices at their highest in a year are set to Continue Reading
Passenger air traffic plummeted 66% year on year in 2020 and the near-term outlook is one of continuing stagnation, the International Air Transport Association said Feb. 3. Receive daily email Continue Reading
Elon Musk became the richest man in the world thanks to enthusiasm for Tesla Inc.’s sleek electric cars — and the company’s stratospheric stock price. But while Musk is perhaps Continue Reading
United Airlines said on Friday it has sent warnings of potential furloughs to some 14,000 employees whose jobs are at risk once a second round of payroll support for airlines Continue Reading
Airlines could “substantially” reduce their fuel consumption if planes become more efficient at riding the wind, according to new research. Commercial flights between New York and London during the 2019-2020 winter Continue Reading
Boeing is committing that its commercial airplanes are capable and certified to fly on 100% sustainable aviation fuels (SAF) by 2030. Boeing has previously conducted successful test flights replacing petroleum Continue Reading
The hydrogen-powered aviation startup ZeroAvia Inc. has raised $37.7 million from the U.K. government and a group of investors that includes funds founded by Bill Gates and Amazon.com Inc. ZeroAvia said it Continue Reading
The new wave of lockdowns around the world is sending U.S. jet fuel prices slumping and exports slowing to a trickle all over again. It’s not as bad as the crash Continue Reading
Airline travel will continue to suffer in the first half this year and will only recover, and jet fuel consumption with it, in the back half of 2021, when mass Continue Reading
Airlines are betting that coronavirus vaccines will reignite demand for travel this year. The question is when. Delta Air Lines Inc. Chief Executive Ed Bastian expects improvement starting this spring. Alaska Continue Reading
Global aviation data firm Cirium released its new Airline Insights Review 2020 which reveals the deep impact on aviation of worldwide travel restrictions to curb COVID-19. The report shows that Continue Reading
With the coronavirus raging in many parts of the country and hospitals dangerously overstretched, public health officials warned on Sunday that more calamitous days may be ahead, as infections tied Continue Reading
Even with air travel surging ahead of the Christmas holiday in the U.S., demand for jet fuel is unlikely to fully recover anytime soon. Foot traffic through airports last weekend topped Continue Reading
Airlines are preparing to call back tens of thousands of workers they let go in October now that Congress has approved government assistance to cover carriers’ payroll through the end Continue Reading
Oil prices may be ticking upward, but oil demand still isn’t getting any relief from jet fuel demand, according to the Energy Information Administration’s This Week in Petroleum report published Continue Reading
Air passenger numbers are set to have weakened by almost 61% in 2020 on the year to 1.8 billion, the International Air Transport Association said in a statement Nov. 24. Continue Reading
International air travel could come booming back next year but with a new rule: Travelers to certain countries must be vaccinated against the coronavirus before they can fly. Encouraging news Continue Reading
Emirates sees a sharp recovery in demand for air travel next year as coronavirus vaccines are distributed around the world, meaning the carrier’s full fleet of jumbo Airbus SE A380 jets could Continue Reading
Boeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes. The company said Continue Reading
The airline industry is gearing up for a difficult fourth quarter in 2020 as fresh outbreaks of coronavirus continue to crop up and restrictions remain in place on cross-border travel, Continue Reading
Initial third-quarter financial results from airlines show airlines have had low revenues due to weak travel demand caused by the coronavirus pandemic as global fleet capacity has increased, the International Continue Reading
British Airways owner IAG ICAG.L warned the travel slump from the coronavirus pandemic had deepened, forcing it to axe even more of its winter flying schedule after it reported on Continue Reading
After an unprecedented drop in air travel due to the coronavirus, passenger airlines are being forced to make long-term, make-or-break decisions at a time of great uncertainty and minimal cash Continue Reading
Boeing is lowering its expectations around demand for new planes over the next decade as the coronavirus pandemic continues to undercut air travel. The company on Tuesday predicted that the Continue Reading
After an unprecedented drop in air travel because of the coronavirus, passenger airlines are being forced to make long-term, make-or-break decisions at a time of great uncertainty and minimal cash Continue Reading
The global aviation industry can slash its CO2 emissions in half by 2050 and reach net-zero emissions about a decade later, aviation industry group the Air Transport Action Group said Continue Reading
American Airlines and United Airlines, two of the largest U.S. carriers, said they were beginning furloughs of over 32,000 workers on Thursday as hopes faded for a last-minute bailout from Continue Reading
Airlines were banking on summer travel to offset some of the steep losses from grounded flights in the second quarter. Although everyone knew that air travel would take the longest Continue Reading
The only major airlines making money these days are busy flying cargo, not passengers. Of the world’s 30 largest airlines by revenue, just four reported profits for the April-June quarter, Continue Reading
The Trump administration is urging U.S. lawmakers to pass separate bills to aid airlines and other sectors, given failure to reach agreement on a broader package of stimulus funding, White Continue Reading
Finnish biofuel producer and oil refiner Neste NESTE.HE said on Wednesday it had signed an agreement with Shell Aviation to significantly increase the supply and availability of sustainable aviation fuel. Continue Reading
Airbus SE Chief Executive Officer Guillaume Faury stepped up his warning on forced job cuts at the European planemaker as a sharper-than-expected decline in travel leads carriers to push back Continue Reading
Sweden has an ambitious target of being fossil-free by 2045. As a part of the initiative, the Swedish Government announced on 11 September the introduction of a greenhouse gas (GHG) Continue Reading
With international travel in much of the world still disrupted by the coronavirus pandemic, some airlines are resorting to “flights to nowhere” that target passengers who long for air travel — Continue Reading
The Federal Aviation Administration said on Friday it favors the extension of temporary waivers of minimum flight requirements at some U.S. airports through late March 2021 due to the coronavirus Continue Reading
US and European airlines warned on Wednesday of grim outlooks for the coming months, cutting schedules as passengers continue to avoid air travel during the pandemic. Ryanair, Europe’s largest low-cost airline, Continue Reading
Airlines are struggling through their worst crisis since the first commercial service began flying passengers just over 100 years ago. In the past week alone, US carrier American Airlines said it Continue Reading
United Airlines ( UAL.O ) is preparing for the biggest pilot furloughs of its history after announcing on Thursday the need to cut 2,850 pilot jobs this year, or about Continue Reading
The aviation industry is under pressure to do something about the immense amount of carbon emissions its engines generate. The output is accelerating many times faster than from sectors such Continue Reading
In a bid to survive, airlines are desperately trying to convince a wary public that measures like mandatory face masks and hospital-grade air filters make sitting in a plane safer Continue Reading
Jet fuel prices are convalescing despite an increase in scheduled flight capacity amid fears of a second wave of the coronavirus in some European countries. European jet stocks, both inland Continue Reading
Participants in the US jet fuel market expect to see little change in demand for the fuel through September, with reports from the second quarter suggesting recovery has decelerated amid Continue Reading
American Airlines is planning to drop flights to up to 30 smaller U.S. cities if a federal requirement to continue those flights expires at the end of next month, an Continue Reading
It’s been nearly 12.5 years since Virgin Atlantic flew a Boeing 747 between London and Amsterdam partly powered by a biofuel made from Brazilian babassu nuts and coconuts. Although Sir Continue Reading
