Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Airline shift to net zero will push up airfares, inquiry hears

Published

on

As more airlines push to go green, the true cost of net zero will be felt with rising airfares.

Australia’s parliament has been cautioned by the Australian Airports Association (AAA) that international airlines may reduce flights to the country in the future due to long-haul routes being viewed as an easy target for meeting environmental commitments.

“As Australia is at the edges of the global air network with long distances from Australian airports to major regional and global hubs in Asia, North America and the Middle East, it is essential to ensure Australia remains a viable destination for international migration, tourism and business travel,” the AAA’s submission said.

As global aviation emissions reduction schemes are still being negotiated, Australia risks being excluded from the international aviation network as carbon pricing and binding targets take effect in the next decade.

This reduction in flights to the southern hemisphere could limit Australians’ travel options and lead to higher costs for connecting to other continents.

To avoid isolation, the AAA urged the government to support the local sustainable aviation fuel industry to refuel aircraft on their return leg.

It is crucial for Australia to actively participate in discussions on global agreements to address this concern, while domestic aviation targets are managed separately from international flights.

“Failure to negotiate an effective and equitable deal for Australia may mean a contraction in Australia’s connectivity to the world,” the AAA said.

Continue Reading

News

President Biden signs TikTok bill – what’s next?

Published

on

TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

Continue Reading

News

Threading the needle: Meta’s new platform finally dethrones X

Published

on

Threads, the social media platform owned by Meta, is gaining traction with a surge in daily active users, outpacing X in the U.S.

 

With Threads averaging 28 million daily active users compared to X’s 22 million, Meta’s ambitions to reach a billion users seem within reach despite a slowdown in growth. While X still boasts 550 million monthly active users globally, Threads’ focus on user experience and avoidance of real-time and political content could position it as a formidable competitor moving forward.

Continue Reading

News

Zendaya is serving in saucy sports drama “Challengers”

Published

on

This weekend’s entertainment lineup has something for everyone.

Apple TV+ brings “Sugar,” a drama set in New York City, while “Civil War” offers historical intensity.

“Challengers” with Zendaya brings a saucy sport drama to life, and superhero buffs can catch the trailer for “Deadpool and Wolverine” for action-packed fun.

With options spanning drama, history, reality, and superheroes, there’s excitement in store for all this weekend.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now