Climate change presents modest near-term impact but significant long-term challenges for global airlines
The global airlines sector faces both physical and transitional risks due to climate change, with the sector preparing to undergo a major technological transformation in the medium to long term to achieve net-zero emissions targets, according to a commentary by Morningstar DBRS. While global air travel contributes 2.8% of global carbon emissions and around 12%
magniX, a company leading the electric aviation revolution, has successfully completed the first phase of testing at the NASA Electric Aircraft Testbed (NEAT) facility in Sandusky, Ohio, as part of NASA’s Electrified Powertrain Flight Demonstration (EPFD) program. The testing focused on high voltage (800V) operations and thermal performance, confirming the magni650 electric engine’s exceptional capabilities
Embraer to invest $390 million and create 900 jobs in Brazil amid growth plans
Embraer, the Brazilian aerospace manufacturer, has announced plans to invest approximately $390 million and hire an additional 900 employees in Brazil during the current year. The announcement was made during a visit by Brazilian President Luiz Inácio Lula da Silva to the company’s headquarters in São José dos Campos. The investment and hiring initiative aims
Korean Air successfully completes world’s first comprehensive urban air mobility operations demonstration
Korean Air, in collaboration with several key partners, has successfully completed the world’s first comprehensive urban air mobility (UAM) operations demonstration, marking a significant milestone in the first phase of the Korean Urban Air Mobility (K-UAM) Grand Challenge. The five-week demonstration, conducted from March 11 at Goheung Aviation Test Center in South Jeolla Province, involved
Etihad Airways to introduce A380 on Abu Dhabi-Paris route starting November 2024
Etihad Airways has announced that it will commence flying its A380 double-decker aircraft on the Abu Dhabi to Paris Charles de Gaulle route from 1 November, 2024. Paris will become the third major city to experience Etihad’s A380 service, joining London and New York. Antonoaldo Neves, Chief Executive Officer of Etihad Airways, said, “As a
China Eastern Airlines partners with Amadeus to expand NDC distribution globally
China Eastern Airlines has become the first carrier in mainland China to sign an agreement with travel technology leader Amadeus for international NDC (New Distribution Capability) distribution. The partnership aims to provide travel sellers worldwide with access to the airline’s richer, customizable content and ancillary products. Javier Laforgue, Executive Vice President, Travel Unit & Managing
