Tag: Fuel

With the gradual restarting of passenger air transport in the coming weeks, leaders from over a dozen air transport associations representing Europe’s aviation sector today issued an urgent call for EU leaders to prioritise specific decarbonisation initiatives in their allocation...

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419...

Airbus is planning a further performance tweak to the A220 family by increasing the maximum zero-fuel weight and maximum landing weight of the twinjet. A220 programme manager Florent Massou tells FlightGlobal that the change will be introduced as an option...

The UK aviation industry has pledged to cut carbon emissions to zero in the next 30 years. Aviation industry executives from airlines and airports will commit to cut carbon emissions from 30 million tonnes of CO2 to zero by 2050....

El grupo aeronáutico anglo-español International Consolidated Airlines Group (IAG), que integra a Iberia, British Airways, Vueling y Aer Lingus, invertirá un total de 400 millones de dólares en el desarrollo de combustibles alternativos sostenibles durante los próximos 20 años. Prueba...

IAG boosted operating profit 6.7% to €960 million ($1.06 billion) in the second quarter ended 30 June, which the European airline group’s chief executive hails as «a good performance» achieved «despite fuel-cost headwinds». Unit fuel cost was up 12.4%, or...

Boeing announced a USD 1 million investment in Brazil’s efforts to establish a sustainable aviation fuel industry. The investment will focus on initiatives that maximize social, economic and environmental benefits to local communities engaged in the development of feedstock that...

U.S. airlines made a net profit of $11.8 billion during 2018, Bureau of Transportation Statistics data shows. It is the sixth straight year of profit for the industry, but profits are down 23% from 2017, when U.S. airlines cumulatively reported...

Grupo Aeromexico reported a net loss for 2018 of MXP1.9 billion ($98.6 million), reversed from a MXP18 million net income a year earlier. Headwinds faced by the Mexico City-based carrier in 2018 included a 35.6% year-over-year (YOY) increase in fuel...

Fuel supplier Shell Aviation and biofuel distributor SkyNRG have begun providing sustainable aviation fuel to Finnair, KLM Royal Dutch Airlines and Scandinavian Airlines (SAS) at San Francisco International Airport (SFO) under a long-term collaboration agreement announced in May. The fuel...