The global production of sustainable aviation fuel (SAF) is expected to reach 300 million liters this year or even 450 million liters if the most optimistic calculations are taken into account. Although an important step, it is still a far cry from the thirty billion...
Blocked airline funds have surged 25 percent ($394 million) to $2 billion in the past six months, adding to the operational headache for carriers in 27 markets. The numbers, released today on the sidelines of the International Air Transport Association’s (IATA) Global...
The airline industry is expected to return to profitability again in 2023. Without unforeseen events, the world’s airlines will generate a profit of $4.7 billion, but IATA Director General refers to this profit level as ‘razor thin’, he said on December 6 during the...
Member states of the International Civil Aviation Organization (ICAO) have almost unanimously agreed on a long-term aspiration goal (LTAG) to get aviation to net zero emissions in 2050. The agreement at the 41st Assembly has been hailed as a success by industry...
IATA Director-General Willie Walsh is optimistic that the ICAO Assembly in Montreal will agree on a long-term aspirational goal on how to decarbonize aviation. But he admits that talking about an aspirational goal sounds inconclusive and not very strong, Walsh said...
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