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

Money

United Airlines invests in eco-friendly travel future

Published

on

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

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Money

Why the meme-stock frenzy is unlikely to repeat

Published

on

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Continue Reading

Money

Why are airlines after the Biden Administration?

Published

on

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Continue Reading

Money

The mounting pressure on Government spends

Published

on

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

Continue Reading

Trending Now