The plan is for hydrogen power to play a major role in allowing the aviation industry to continue growing, while cutting climate change emissions dramatically.
The ability to work remotely, full or part time, has allowed Americans to travel more and to combine personal and professional trips — a transformation that carriers are planning around.
The airline reported a $695 million profit over the three months that ended in September, despite rising costs and Hurricane Ian’s disruptions to travel.
Boeing missed out on a 40-plane deal in September, following an even bigger hit in July, when China ordered nearly 300 Airbus aircraft worth about $37 billion at sticker prices.
The shortfall is affecting planning at carriers including American Airlines and United Airlines, as persistent supply-chain problems and regulatory concerns rattle the business.
The carrier, controlled by India’s oldest conglomerate Tata Group, is in discussions with potential investors including private equity funds and sovereign wealth funds, and fundraising could be completed in the next few months.
The latest supply-chain news, analysis, trends and tools for executives in the aerospace and defense industry. Learn how aerospace and defense companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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