Virgin Galactic moves one step closer to commercial space flights
Flying at Mach 3 and reaching more than 55 miles above the Earth Saturday, British billionaire Sir Richard Branson’s private spaceship company Virgin Galactic Holdings Inc (SPCE.N) completed its first manned space flight from its new home port in New Mexico.
U.S. lawmakers to propose tax credit for sustainable aviation fuel
U.S. lawmakers plan to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry.
Hong Kong-Singapore travel bubble postponed for a second time
A travel bubble between Hong Kong and Singapore due to open on May 26 has been postponed for a second time, officials said on Monday, after a spike in cases in Singapore derailed the plan for quarantine-free travel between the financial hubs. The bubble was initially slated to begin in November last year but was […]
Aviation, travel groups urge fully reopening U.S.-UK travel market
A coalition of U.S. and European travel, airline, union, business and airport groups on Monday called for fully reopening the U.S.-UK air travel market “as soon as safely possible.” In a letter to U.S. President Joe Biden and British Prime Minister Boris Johnson, the groups said the leaders’ planned meeting in early June “would be […]
London Heathrow Airport’s COVID losses balloon to $3.4 bln
Heathrow, Britain’s biggest airport, said on Thursday a first quarter loss of 329 million pounds ($459 million) took total losses since the start of the pandemic to nearly 2.4 billion pounds as travel continues to be hammered. It said only 1.7 million passengers travelled through the London airport in the three months to March 31, […]
