United Airlines is bringing eco-friendly travel to the world of aviation
United Airlines says it plans to buy 100 E-S-19 electric planes from Swedish start-up Heart Aerospace.
The U.S. carrier has been keen to get into the future of electric, gearing up to obtain battery-powered aircraft for regional routes.
It is the latest in a series of such “innovation-related” announcements by United as major airlines come under pressure to cut emissions.
United’s Commitment to Sustainable Aviation
Heart Aerospace has partnered with United Airlines, Breakthrough Energy Ventures and Mesa Airlines to fund and develop the ES-19, an innovative product that will eliminate operational emissions and decrease the aviation industry’s carbon footprint.
Both United and Mesa have conditionally agreed to order 100 of the jets, given it meets each company’s safety, business and operating standards. The investment comes from United’s dedicated sustainability fund, called United Airlines Ventures (UAV), which is focused on innovative technologies that reduce carbon emissions while simultaneously improving the customer experience and revolutionizing how the industry operates.
United Airlines last month revealed bold plans to also buy the new supersonic jet, bringing ultra-fast travel into the market
China’s shadow banking sector under the microscope
How will China’s investigation into Zhongzhi Enterprise Group impact the shadow banking industry and the nation’s financial stability?
China has launched an investigation into the Zhongzhi Enterprise Group, a major shadow bank, over alleged financial crimes.
Authorities are scrutinizing the group’s operations amid concerns about illicit activities that may have repercussions on the country’s financial stability. #featured
Shoppers angered at major U.S. retailer’s “unchanged” Black Friday sales
Target in the United States has come under scrutiny for offering identical prices in its ‘Black Friday deals’ as those available throughout the year.
Shoppers are left perplexed by the lack of discounts, with many questioning the authenticity of the so-called Black Friday bargains.
Concerns arose when savvy consumers noticed that the prices of various products in Target’s Black Friday promotion were the same as those listed in previous months.
Shoppers took to social media to voice their frustrations, with one customer stating, “It’s the same, I don’t get it.” This revelation has raised questions about the transparency and ethics of retailers during the holiday shopping season.
While Black Friday traditionally marks the start of the holiday shopping frenzy, with retailers offering significant discounts to entice shoppers, Target’s decision to maintain regular prices has left shoppers wondering if they are truly getting a deal.
This has led to a broader discussion about the consumer experience during Black Friday and whether the shopping event has lost its original appeal.
With the rise of online shopping and increased competition among retailers, consumers are more price-conscious than ever.
Target’s pricing strategy has ignited a debate about the future of Black Friday and whether it can continue to attract shoppers with unchanged prices. As the holiday season unfolds, consumers are left to decide whether to seek out genuine deals or shop elsewhere.
Remote workers shoulder rising job-related costs
As the global workforce continues to adapt to the remote work revolution, a new concern is emerging among employees – the increasing burden of work-related expenses.
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