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Airbus develops fuel-mobile motor for hydrogen airplane
World

Airbus develops fuel-mobile motor for hydrogen airplane

The primary gate of the Airbus plant in Hamburg-Finkenwerder. Marcus Brandt | Photo alliance | Getty Visuals Airbus has begun acquiring a fuel-cell motor, it mentioned on Wednesday, sticking with ideas to introduce a hydrogen-run industrial aircraft by 2035. The system is just one of a number of selections getting deemed for a opportunity zero-emission […]

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Taxation is a blunt instrument, IATA main Willie Walsh says: ‘The carrot is considerably more efficient than the stick’
World

Taxation is a blunt instrument, IATA main Willie Walsh says: ‘The carrot is considerably more efficient than the stick’

The aviation sector demands much more carrot and considerably less adhere likely ahead to turn out to be a lot more sustainable, in accordance to the director typical of the Worldwide Air Transport Association. Speaking at CNBC’s Sustainable Long term Discussion board on Friday, Willie Walsh was asked if subsidies and tax breaks to stimulate […]

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Airways have the travellers. Now they need to have the planes
Travel

Airways have the travellers. Now they need to have the planes

The initially U.S.-designed Airbus jetliner moves down the assembly line at the company’s factory in Cellular, Alabama, U.S. on September 13, 2015. Image taken on September 13, 2015. Alwyn Scott | Reuters Air vacation demand from customers is demonstrating no sign of easing, airline executives stated this thirty day period. But new planes are in […]

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Air cargo rates slump but some companies see long-term strength
Business

Air cargo rates slump but some companies see long-term strength

The cost of shipping air freight around the world is slumping, but some companies say the world’s shift to flying goods around the world will keep the market attractive for years. “I don’t think it’s going to give back share to other forms of transportation,” Boeing CEO Dave Calhoun told reporters at an industry conference […]

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Rolls-Royce and easyJet to test hydrogen combustion engine tech for airplanes
Business

Rolls-Royce and easyJet to test hydrogen combustion engine tech for airplanes

easyJet aircraft photographed at Southend Airport in July 2020. There is excitement in some quarters about hydrogen planes and their potential. John Keeble | Getty Images News | Getty Images Aerospace giant Rolls-Royce said Tuesday it was pairing up with airline easyJet to develop and test hydrogen combustion engine technology for aircraft. In a statement, […]

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Travel chaos, labor unrest and extreme heat in focus at Britain’s first major air show since the pandemic
Travel

Travel chaos, labor unrest and extreme heat in focus at Britain’s first major air show since the pandemic

Britain’s Farnborough International Airshow will showcase the most advanced aircraft across commercial and military aviation design. Bloomberg | Bloomberg | Getty Images LONDON — Britain’s Farnborough International Airshow will make its long-awaited return next week, with aerospace and defense industry leaders poised to gather against a backdrop of travel chaos and labor unrest. The five-day […]

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Wall Street believes these beaten-down global stocks are set for a rebound
World

Wall Street believes these beaten-down global stocks are set for a rebound

Few would have anticipated the steep losses in stock markets this year, after such a solid 2021. But the first half of 2022 has turned out to be something of a nightmare for many investors The MSCI World had its worst start to the year on record, while the S & P 500 ended the […]

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Airbus reportedly cancels deal with Qatar Airways for fourth A350
World

Airbus reportedly cancels deal with Qatar Airways for fourth A350

An Airbus A350 for Qatar Airlines aircraft at Fiumicino International Airport, Rome, May 13th, 2021. Massimo Insabato | Mondadori Portfolio | Getty Images Europe’s Airbus has revoked a contract for a fourth A350 ordered by Qatar Airways in an ongoing dispute over damage to the painted surface of the long-haul jets, three people familiar with […]

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China Southern to buy 96 Airbus A320neo jets, biggest order since Covid
World

China Southern to buy 96 Airbus A320neo jets, biggest order since Covid

An Airbus A320neo aircraft in Colomiers near Toulouse, France, October 17, 2017. Regis Duvignau | Reuters China Southern Airlines said on Friday it would buy 96 Airbus A320neo jets in the biggest plane order by a Chinese airline since the start of the Covid pandemic and in a major boost to the European planemaker in […]

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Morgan Stanley says investors can weather a ‘prolonged storm’ with these global stocks
World

Morgan Stanley says investors can weather a ‘prolonged storm’ with these global stocks

European companies have never been richer, according to Morgan Stanley , and are ready to splash the cash — including distributing part of it to shareholders. The Wall Street bank has named a raft of stocks that have strong balance sheets and resilient cash flows and are set to return excess cash to shareholders through […]

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