fuel
The cost of your next flight is likely to go up, according to industry experts. That's the word from the International Air Transport Association, which held its annual meeting on Monday in Dubai, home to long-haul carrier Emirates. While airlines continue to recover from worldwide groundings during the coronavirus pandemic, industry leaders told journalists that there are several costs likely to push ticket prices ever higher. Part of that comes from worldwide inflation, an ongoing problem since the pandemic started. Jet fuel costs, roughly a third of all airline expenses, remain high. Meanwhi...
Euronews (English)
Ahead of June's vote, Euronews asks voters to name one proposal they would make if they were elected to the European Parliament, and asks candidates what they pledge to do if elected or re-elected. Stay tuned as Euronews will publish more statements every day. Watch the video above to find out more.
Euronews (English)
Could human waste power the future of air travel? Wizz Air hopes so. The Hungarian airline says it’s reached a deal with a British company to work on producing sustainable jet fuel made from human waste. The biofuel company, Firefly Green Fuels, has developed a process which will convert waste from sewers into sustainable aviation fuel (SAF). The company says it hopes to begin supplying the lower carbon power source from around 2028 and has come to an agreement with Wizz Air’s UK-based wing to provide up to 525,000 tonnes of SAF over a 15 year period. How will human waste be transformed into s...
Euronews (English)
Biofuels made from certain fast-growing crops and plants grown on land deemed unsuitable for food production should count towards meeting targets for the uptake of sustainable aviation fuels, the EU executive will tell MEPs tomorrow (20 March) having tweaked a directive last week using delegated powers. Under a recent review of the Renewable Energy Directive (RED), the use of food and feed crops to produce transport fuels such as ethanol and biodiesel was limited amid concern over environmental impacts and food security, with more sustainable second generation or ‘advanced’ biofuels counting t...
Euronews (English)
The bank cut its 2022 growth forecast to 4.6 percent.
MANILA, KOMPAS.com \- The Asian Development Bank on Thursday slashed its 2022 growth forecast for developing Asia and warned economic conditions could worsen, as the war in Ukraine and supply chain disruptions drive up prices. While the impact of Covid-19 had eased, the region was now grappling with the fallout from Russia's invasion of Ukraine, lockdowns in China, and aggressive interest rate hikes, the Philippines-based bank said. To reflect the deterioration across developing Asia – which stretches from the Cook Islands in the Pacific to Kazakhstan in Central Asia – the bank cut its 2022 gr...
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