Page 34 - Tim Hepher News Today

The aviation industry is split on whether it can meet its climate targets with almost a third of its sustainability executives predicting it will miss a mid-century deadline, a survey commissioned by GE Aerospace suggested on Thursday.

Europes Airbus on Wednesday raised its 20-year forecast for new airplane deliveries, but tempered its predictions for growth in the global airline fleet as carriers focus on replacing more... | June 14, 2023

Global aviation needs $4 trillion of capital over the next 20 years to fund new commercial deliveries and transform the worlds fleet, leasing firm Avolon said on Tuesday. Airlines and... | June 13, 2023

Global aviation needs $4 trillion over the next 20 years to fund new commercial deliveries and transform the worlds fleet to reduce emissions, leasing firm Avolon said on Tuesday. ... | June 14, 2023

Spanish company PLD Space said it plans its first test of a suborbital reusable rocket on Wednesday, as it seeks to put small satellites into space and capture a slice of a potential trillion-dollar market. If successful, the launch from a military aerospace research centre in Huelva, in southern Spain, will be the first in Western Europe by a private company. Plans by companies around the world to deploy thousands of internet-beaming satellites in the next few years have spawned a wave of new r

ISTANBUL (Reuters) - The diversion of a U.S.-built Air India jetliner to Russia with engine problems has thrust industry tensions surrounding Russian airspace into the spotlight - just a day after the head of a major American carrier predicted an almost identical scenario. | 03:06am

ISTANBUL (Reuters) - The diversion of a U.S.-built Air India jetliner to Russia with engine problems has thrust industry tensions surrounding Russian airspace into the spotlight - just a day after the head of a major American carrier predicted an almost identical scenario. | 09:04am

"We are looking at both more A350s, more 777-9 and possibly the 787 range," Tim Clark told reporters on the sidelines of a global airlines meeting. | 02:51am

The creation of a second Saudi national airline, with industry veteran Douglas as its CEO, was announced alongside an order for up to 72 Boeing 787s in March, as the kingdom moves to diversify its economy and serve over 100 destinations by 2030

ISTANBUL (Reuters) - Airlines on Tuesday called for co-operation on a broad front to reach "very tough" emission targets and pledged at the end of a three-day summit to release interim climate targets next year. | 08:49am