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aviation

British Airways and Phillips 66 Limited have signed a multi-year sustainable aviation fuel (“SAF”) supply agreement

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2 mins read

The FINANCIAL– Sustainable aviation fuel produced at the Phillips 66 Humber Refinery in North Lincolnshire will help power a number of the airline’s flights from early 2022. The Phillips 66 Humber Refinery will be the first to produce SAF at scale in the UK. SAF is produced from sustainable waste sources and can reduce lifecycle CO2 emissions by over 80% compared to traditional jet fuel…

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British Airways and Phillips 66 Limited have signed a multi-year sustainable aviation fuel (“SAF”) supply agreement

2 mins read

The FINANCIAL– Sustainable aviation fuel produced at the Phillips 66 Humber Refinery in North Lincolnshire will help power a number of the airline’s flights from early 2022. The Phillips 66 Humber Refinery will be the first to produce SAF at scale in the UK. SAF is produced from sustainable waste sources and can reduce lifecycle CO2 emissions…

Aviation’s contribution to global warming higher than expected

1 min read

The FINANCIAL. — Major new study reveals that aviation could consume up to one-sixth of the remaining temperature budget to limit warming to 1.5˚C. According to UKRI aviation is responsible for more global warming than implied by its carbon footprint alone.…

NASA-DLR Study Finds Sustainable Aviation Fuel Can Reduce Contrails

2 mins read

The FINANCIAL -- Cleaner-burning jet fuels made from sustainable sources can produce 50%-70% fewer ice crystal contrails at cruising altitude, reducing aviation’s impact on the environment, according to research conducted by NASA and the German Aerospace Center (DLR).…

Boeing 737 MAX can resume commercial operations

1 min read

The FINANCIAL — The U.S. Federal Aviation Administration (FAA) rescinded the order that halted commercial operations of Boeing (NYSE: BA) 737-8s and 737-9s. The move will allow airlines that are under the FAA’s jurisdiction, including those in the U.S., to take the steps necessary to resume service and Boeing to begin making deliveries. “We will never…

Boeing forecasts long-term resilience and return to growth for Middle East aviation sector

2 mins read

The FINANCIAL — Boeing anticipates demand for 2,945 new airplanes in the Middle East valued at $685 billion over the next two decades, as the industry recovers from the COVID-19 pandemic in the medium and long term. The projection is part of Boeing’s 2020 Commercial Market Outlook (CMO), an annual forecast of 20-year demand for…

Aviation industry workers demand government intervention to avoid jobs disaster

2 mins read

The FINANCIAL — The International Air Transport Association (IATA) and the International Transport Workers’ Federation (ITF) issued a joint statement calling for urgent government intervention to prevent an employment catastrophe in the aviation industry. Estimates from the Air Transport Action Group suggest some 4.8 million aviation workers’ jobs are at risk as a result of…

Drones to fight fires and deliver coronavirus supplies are first to receive share of over £33 mln government funding

2 mins read

The FINANCIAL — Innovative projects harnessing the latest technology to support the fight against COVID-19 and other challenges like climate change, while creating hundreds of jobs across the country, have been backed by government investment, Business Minister Nadhim Zahawi has announced today (9 November 2020). The 20 winning ideas will receive a share of £7…

Bombardier Aviation Apprenticeship Program gains national standing and accreditation

1 min read

The FINANCIAL — Bombardier announced that its apprenticeship training program in association with Texas State Technical College (TSTC) in Red Oak, Texas, has received official registration by the U.S. Department of Labor. With this important designation, Bombardier can expand its search for talented individuals from across the U.S. to maximize its talent pool and drive…

ADB propses 5 ways to restore tourism in Central Asia

3 mins read

The FINANCIAL — From the snowy peaks of the Pamir mountains to the vast wilderness of the Karakum desert, Central Asia is a region of astonishing natural beauty and historical significance. In recent years, the region has emerged as a rising tourism destination attracting a growing number of visitors – both international and domestic. But…