EXCLUSIVE Universal Hydrogen in zero-carbon plane deals with Icelandair, others
Universal Hydrogen, a U.S. firm that aims to do for clean fuel what Nespresso did for coffee, is poised to announce preliminary hydrogen deals with airlines including Icelandair (ICEAIR.IC) as it looks at a possible listing as early as next year.
United Airlines unveils huge jet order in push for growth
United Airlines (UAL.O) unveiled its largest-ever order for Boeing (BA.N) and Airbus (AIR.PA) jets on Tuesday, lining up 270 planes in a push for post-pandemic growth with bigger jets for domestic flying
EU envoy urges U.S. to ease travel restrictions; sees time to resolve metals dispute
The European Union’s top diplomat in Washington said the United States should safely ease COVID-19 travel restrictions on Europeans, calling it a mistake to prevent European business executives from overseeing their U.S. investments.
Cheer over Boeing, Airbus deal belies cracks in EU, U.S. trade relationship
A deal for a five-year ceasefire in a U.S. and EU dispute over aircraft subsidies on Tuesday reflected progress, but the underlying trade relationship remains fragile with many unresolved disagreements, diplomats and trade experts said.
Quoting Irish poet, Biden ends EU trade war in renewal of transatlantic ties
U.S. President Joe Biden ended one front in a Trump-era trade war when he met European Union leaders on Tuesday by agreeing a truce in a transatlantic dispute over aircraft subsidies that has dragged on for 17 years.
GE, Safran venture to develop radical new jet engine
General Electric (GE.N) and France’s Safran (SAF.PA) has unveiled plans to test-build an open-bladed jet engine able to reduce fuel use and emissions by 20% as they prolonged their historic CFM International joint venture by a decade to 2050.
Pandemic drags Emirates to $5.5 bln loss, its first in 33 years
Emirates said Dubai’s government would continue to support the airline through the coronavirus pandemic after posting an annual loss of $5.5 billion, its first in more than three decades.
U.S. trade czar Tai says upbeat on prospects for ‘intense’ trade talks with EU
U.S. Trade Representative Katherine Tai said on Thursday she will accompany President Joe Biden to Brussels next week for “intense negotiations” to try to resolve trade disputes over aircraft subsidies and steel and aluminum.
Airbus, Air France want EU green funds used for jet incentives – documents
Airbus (AIR.PA) and Air France-KLM (AIRF.PA) have urged policymakers to use EU-backed green stimulus funds to support aircraft sales, according to documents released on Thursday by InfluenceMap, an investor-led climate lobbying watchdog.
Qatar Airways halts A350 deliveries after jet surface problem
Qatar Airways said on Tuesday the surface below the paint on some of its Airbus (AIR.PA) A350s was deteriorating faster than expected and insisted it would not take more deliveries of the carbon-composite widebody jet until the problem was resolved.
