Southwest Airlines launches sustainability investment platform and takes stake in LanzaJet
Southwest Airlines, the world’s fourth-largest carrier, has launched Southwest Airlines Renewable Ventures (SARV), a dedicated platform to invest in sustainable aviation fuel technologies. The Texas-based airline has also announced a $30 million stake in US-based SAF producer LanzaJet, with which it will collaborate to develop a new SAF production plant, largely to support Southwest’s needs. […]
REGENT Announces a Strategic Investment from Hawaiian Airlines
REGENT today announced that Hawaiian Airlines has agreed to strategically invest in the company to support the initial design of its next generation 100-person capacity all-electric seaglider known as the Monarch. With this investment, Hawaiian Airlines becomes REGENT’s first U.S.-based design partner for the Monarch, which is slated for entry into commercial service by 2028. […]
Cancun Airport Receiving Investments for Upgrades
Officials representing the Cancun International Airport announced a new investment of 141.5 million pesos (around $7.1 million) into new projects at the facility. According to The Riviera Maya News, airport managing company Grupo Aeroportuario del Sureste (ASUR) said the money would be used to rehabilitate and expand the infrastructure of exterior baggage areas and aircraft […]
Lufthansa: German airline not open to Qatar investment
Lufthansa responded coldly on Monday to a report that rival Qatar Airways was interested in taking a stake in or collaborating with the German airline. The Gulf carrier, which holds minority stakes in airlines including IAG, Cathay Pacific, and China Southern Airlines, has been seeking to boost collaborations. Its chief executive Akbar Al-Baker was quoted […]
ICAO Secretary General: Partnership and investment crucial to sustainable aviation development in Africa
Significant contributions towards safe and secure air transport and the prosperity and sustainability of African communities could be achieved if sufficient investment is made towards the development of Africa"™s civil aviation capacities, including infrastructure and skilled human resources, remarked ICAO"™s Secretary General during the Third ICAO Africa and Indian Ocean (AFI) Aviation Week in Malabo, […]
