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%
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
AURA AERO, a pioneer in low-carbon aviation, has announced that Norges Luftsportforbund, the Norwegian air sports federation, has become the first Norwegian customer for its electric two-seater aircraft, INTEGRAL E. The agreement was signed at AERO Friedrichshafen 2024, with the federation set to operate the electric aircraft for towing gliders at its national gliding center
Embraer, the Brazilian aerospace company, and AICAT (Austrian Industrial Cooperation & Aviation Technology) have signed a Memorandum of Understanding (MoU) to enhance international cooperation in the aerospace sector. The MoU, signed on April 18, 2024, at Embraer’s headquarters in São José dos Campos, Brazil, aims to strengthen Embraer’s existing relationships in Austria while exploring new
The Future Opportunities for Seaplanes and Amphibious Aviation (FOSAA) conference, organized by Quaynote Communications and Arena Group, successfully debuted in Venice on March 20, 2024, confirming the growing demand for a dedicated event focusing on the resurgent seaplane and amphibious aviation sector. The one-day conference attracted commercial stakeholders from across the globe, including Asia, Europe,
From the modest beginnings of air travel in the 1930s, when only a handful of passengers took to the skies, to the staggering projection of 8 billion travelers by 2040, the aviation industry is on the cusp of a significant transformation. A new white paper by SITA, titled ‘Face the Future,’ delves into how biometric
Neste begins supplying sustainable aviation fuel to Emirates at Singapore Changi Airport
June 17, 2024
