Saturday, November 23, 2024
Airlines and energy firms clash over green fuel supplies- oil and gas 360

Airlines and energy firms clash over green fuel supplies

Yahoo Finance DUBAI – Airlines and energy firms clashed over scarce availability of alternative fuels on Tuesday as carriers ended a three-day summit struggling to square near-record demand with supply chain problems and pressure to meet environmental goals. The aviation industry has committed to reducing net emissions to zero by 2050 largely through plant-based Sustainable Aviation Fuels (SAF). But with

Virgin America Vanishes Along With Branson’s U.S. Dream

From Air Cargo News The last vestiges of the Virgin America brand are now aviation history, bringing a formal end to Richard Branson’s brash, groundbreaking effort to put some European flair—replete with cheeky branding and mood-lighting—into U.S. skies. Alaska Air Group Inc. has finished repainting the Airbus SE fleet it acquired when it bought the Branson-backed carrier three years ago.

Oil Price Swoon Reshaping Transportation, Airlines and Shipping Industries

Downstream segment of oil and gas not the only sector benefiting from the oil price crash American Airlines expects to save $4.35 billion on fuel Virtually every transportation division is cashing in on low fuel prices, spanning from the typical American commuter to massive international sea tanker routes. In December, AAA estimated American drivers would save as much as $75

2015 Summer Air Travel Expected to Break Records

U.S. Airline travel highest since 2007 The number of people traveling on airplanes this summer is expected to reach a record-breaking 222 million between June 1 and August 31, according to Airlines for America, the industry’s trade group. Airline travel is up 4.5% from last year, putting the number of travelers taking to the skies 2% above the previous record