IAG (LON: IAG) share price dipped by more than 1.4% on Wednesday as concerns about the aviation industry resumed. The stock pulled back to a low of 142.56p, which was a few points below this week’s hi...
Tag: Aviation
Bitcoin Miner Spent $1.65 Million On a Private Aviation Business
1 Core Scientific is the world’s biggest bitcoin miner with a 10% share of global BTC hash rate. 2 Stone Tower Air was the last recipient of payment from Core Scientific prior to bankruptcy fili...
United Airlines helps launch sustainable aviation fuel fund
A United Airlines passenger plane takes off from Frankfurt Airport. The airport, which is operated by fraport, is one of the most important hubs in Europe. Jana Glose | Picture Alliance | Getty Images...
Meltdowns In The Airline Industry And How To Fix Them
getty Key takeaways The Federal Aviation Administration had to suspend flights on the morning of January 11 due to issues with the system that notified pilots of possible dangers in the air and on the...
UAE’s Masdar Seeks Early Mover Advantage In Emerging Market For Green Hydrogen
Green hydrogen made using renewable energy could play a key role in decarbonizing the global … [+] economy. getty Over the past decade and a half, Abu Dhabi’s Masdar has built itself into one of...
GE Stock Breaks Out: General Electric Takes Key Step Toward Emerging As Aviation Pure Play
General Electric (GE) completed the separation of its health care unit Wednesday, marking a milestone in its transformation as an aviation-focused company next year. GE stock rose, breaking out of a s...
Jetshare_JETT$: The Aviation Industry Saviour
There are quite a handful of industries that produce the world’s richest people. One such industry is the aviation industry. Entering the industry is reserved for the wealthy and powerful. This goes ...
SpaceX launches Starlink aviation product for satellite internet to private jets
One of the company’s flat aviation-specific Starlink antennas is seen on top of an aircraft. SpaceX SpaceX rolled out aviation-specific Starlink satellite internet service on Tuesday, with Elon ...
Airline tickets could become even more expensive, aviation execs warn
Air tickets may become more expensive — thanks to the lack of refining capacity and the financial state of airlines, said William Walsh, the director-general of the International Air Transport Associa...
Detroit Auto Show Adds Displays That Take Mobility Into The Skies
Electric vertical takeoff and landing plane by Israeli company Air on display at the 2022 Detroit … [+] Auto Show. Ed Garsten In corners of the Detroit Auto Show where luxury brand vehicles once...
Grenade Through The Sunroof? Disruption For Aerospace And Aviation From Ukraine
Gaining experience in aerospace is difficult. New aircraft typically require years of experimental and operational testing — even small aircraft can take upwards of 10 years to move through the aircra...
Aviation leaders to gather for major trade event
Britain’s Farnborough International Airshow will showcase the most advanced aircraft across commercial and military aviation design. Bloomberg | Bloomberg | Getty Images LONDON — Britain’s...
Aviation Hits New Low, Ranks As 4th-Leading U.S. Export In 2022
Boeing 737 Max jets sat parked at Boeing Field in Seattle in late 2020, just after being granted FAA … [+] approval to fly again. The Boeing jets had been grounded for 20 months after two deadly...
Lufthansa To Bring Back A380s; Warns More Air Travel Chaos Ahead
German airline Lufthansa said it plans to bring back its double-decker Airbus A380 jumbo jets for summer 2023. At the same time, executives of the group are warning disruptions that have been roiling ...
General Electric Stock Gains As CEO Culp Takes Over Aviation Unit
Updated at 11:25 am EST General Electric (GE) – Get General Electric Company Report shares moved higher Monday after the it said CEO Larry Culp will take over the leadership role at the industr...
The Quickly Changing Landscape Of Latin American Aviation
LATAM is one of two large, pan-Latin airline groups. This region of the world has seen significant … [+] change and improvement over the last 10 years. getty More than half of the people in the ...
Airport And Gas Producer Partner In Near-Term Aviation Carbon Reduction Solution
PITTSBURGH, PA – MARCH 27: Jets are parked on runway 28 at the Pittsburgh International Airport on … [+] March 27, 2020 in Pittsburgh, Pennsylvania. Due to decreased flights as a result of...
Middle East Airlines Take Off Again, As Profits And Passenger Numbers Soar
An Emirates aircraft takes off from Dubai International Airport on April 6, 2020 (Photo: KARIM SAHIB … [+] / AFP) (Photo by KARIM SAHIB/AFP via Getty Images) AFP via Getty Images The Middle East...
To counter China, Biden launches 3D printing initiative with GE Aviation and other large firms
US President Joe Biden’s administration announced on Friday a new initiative that would boost manufacturing of 3D printed products by domestic small- and medium-enterprises (SMEs), an effort tha...
How Used Aircraft Parts Can Help DoD Improve Mission Readiness
By Randy Starr and Dennis Santare Randy Starr, an ex-Army commander of an airborne rapid deployment force, and Dennis Santare, a former Marine Corps pilot, are partners in the firm’s aerospace and def...
Aviation In America And In Europe Are Oceans Apart
LISBON, PORTUGAL – AUGUST 31: Malta Air Boeing 737-8-200 MAX takes off from Lisbon Humberto Delgado … [+] International Airport on the last day of August, coinciding with the end of Summer...
Bed Bath & Beyond, Nio, Joby Aviation, Teva & more
A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading Friday. Bed Ba...
Russia Turns To Iran For Assistance With Aviation Sanctions, But Can It Do Much To Help?
Aeroflot Airbus A320 aircraft at Moscow-Sheremetyevo International Airport on September 16, 2021 … [+] (Photo: Leonid Faerberg/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket v...
Terra Drone Wins Major New Investments To Develop Air Traffic Control System For Unmanned Aircraft, Expansion
Japanese drone and air mobility technology company Terra Drone Corp. is working to develop an air … [+] traffic control system for unmanned aircraft. Terra Drone Corp. Before the middle of this ...
Aviation internet market ripe for overhaul
A passenger plane takes off from Frankfurt Airport. The aviation industry is particularly hard hit by the effects of the global Corona pandemic. Picture alliance | Getty Images WASHINGTON – Elon Musk&...
Textron’s Acquisition Of Pipistrel Lifts Electric Aviation Off The Tarmac
Investors deployed an estimated $7 billion of capital into the advanced aerial mobility (AAM) sector, riding a wave of excitement about small battery-electric aircraft, including electric flying cars,...
Honeywell CEO is positive on aviation despite the Ukraine war
The Russia-Ukraine conflict is evolving very quickly and it’s unclear for how long is it going to affect Honeywell International Inc (NASDAQ: HON), says CEO Darius Adamczyk. Honeywell CEO’...
U.K. Airlines Banned From Russian Airspace As Moscow Hits Back At Western Sanctions
Topline British flights will be banned from flying over Russia’s airspace or landing at its airports, the Russian civil aviation authority announced Friday, a retaliatory step to Western sanctions tha...
Sustainable aviation fuel costs more but consumers willing to pay: IATA
Sustainable aviation fuel’s main challenge relates to volume rather than airlines’ desire to use it, and consumers will be willing to pay the extra costs associated with its uptake, the di...
Bitcoin Carbon Emission 50 Times Lower Than That of Aviation: Coinshares
Vladislav Sopov Another report ruins the “holy grail” of Bitcoin critics: no, the flagship crypto is not that bad for environment Contents Bitcoin, aviation, gold or tumble dryers: Which i...