Take off: EU agrees binding green fuel targets for aviation April 26, 2023 The EU has agreed a deal to set binding targets for airlines in Europe to increase their use of sustainable aviation fuels.
UK aviation industry will be grounded unless sustainability ‘gets more government support’ April 17, 2023 The UK aviation industry warned that economic opportunities created by sustainable aviation technology are at risk without targeted support. Sustainable Aviation, a coalition of aviation groups, claimed the UK risked losing an industry which is estimated to support 60,000 jobs and be worth £10bn in gross value added (GVA) benefits by 2050. The group today [...]
‘Guilt-free flying within our reach’ but still ‘decades away’ as government commits £113m to net-zero travel tech February 7, 2023 Guilt-free net-zero flying is within our reach according to the government, as ministers invest £113m in new net-zero technology. The DfT and BEIS have announced funding for aerospace companies such as Rolls-Royce and Bristol-based Vertical Aerospace to develop cutting-edge technologies, such as flying taxis and hydrogen-fuelled planes. Rolls-Royce will receive almost £83m to develop liquid [...]
Airbus and Qatar settle A350 jetliner row February 1, 2023 Airbus and Qatar Airways have settled a dispute over surface damage on grounded A350 jets, the companies said today, averting a potentially damaging UK court trial. The “amicable settlement” ends a $2bn row over the safety of Europe’s premier long-haul jet – an unprecedented public rift that had led Airbus to revoke dozens of other [...]
UK reinstates pre-Covid take-off slot rules and tells airlines ‘use it or lose it’ January 31, 2023 The UK government has reinstated its pre-Covid airport slot rules, telling airlines they will need to use their take-off slots 80 per cent of the time, or face losing them. Also known as landing slots, airport slots are the permission needed by an airline to land or depart from a specific airport at a specific [...]
‘Intelligence received’ suggesting airports breaking competition law – regulator January 26, 2023 UK airports could be breaking competition law, according to information received by a regulator. The Competition and Markets Authority (CMA) has written to airport operators warning of “serious consequences” for illegal information sharing. The letter, produced jointly with the Civil Aviation Authority (CAA), stated: “The CMA has recently received intelligence to suggest that some UK [...]
China’s reopening to fuel global aviation recovery with 44,000 plane deliveries expected over next 20-years January 24, 2023 China is set to be the engine for global aviation’s recovery after its reopening from Covid restrictions, with 44,500 new planes set to be delivered in the next 20 years. Data published today by aviation analytics firm Cirium shows the planes will be made in order to meet a 3.6 per cent annual passenger travel [...]
The Notebook: Victoria Scholar on Chinese New Year, air fares and edible economics January 24, 2023 | City Talk The notebook is where interesting people say interesting things. Today it’s Victoria Scholar, Head of Investment at Interactive Investor, on Chinese New Year, why air fares are on the increase and what we can learn about economics from food As the Chinese New Year begins, investors are increasingly turning their attention back to markets in [...]
Fears of future global travel chaos grow as pilots consider leaving due to poor pay January 19, 2023 Fears of future travel disruption could soon become a reality as pilots consider leaving the profession due to poor pay. Research published today by aviation recruitment firm Goose shows that 53 per cent of world pilots haven’t had a pay increase in over five years, while a third said they actually sustained a pay cut. [...]
Stansted’s passenger numbers soar 226 per cent as UK airports continue to rebound January 16, 2023 The number of passengers travelling via Stansted soared 226 per cent in 2022, the airport reported today, in yet another encouraging sign that Britain’s airports are gradually recovering from the Covid-19 pandemic. The Essex hub reported that 23.3 million passengers have passed through its gates over the past 12 months. The numbers for December (1.8 [...]