Business

General Electric to cut 10,000 aviation jobs

General Electric announced Monday it will cut an additional 10,000 jobs from its aviation sector as the coronavirus pandemic decimates the industry, forcing companies to cancel orders.

Hi Tech & Innovation

Toyota investing $400 million in flying car company

Japanese car giant Toyota said Thursday it is investing nearly $400 million in a company working on commercialising electric flying cars for "fast, quiet and affordable air transportation services".

Energy & Green Tech

Why don't we have electric aircraft?

Electric cars, trains, trams and boats already exist. That logically leads to the question: why are we not seeing large electric aircraft? And will we see them any time soon?

Energy & Green Tech

France's EDF in talks with GE to buy nuclear turbine ops

French electricity giant EDF is in talks with General Electric to buy its steam turbine business for nuclear plants, the companies confirmed Wednesday, the latest move by the American conglomerate to streamline its operations ...

Energy & Green Tech

How hybrid electric and fuel aircraft could green air travel

With air traffic set to increase 5% every year until 2030, scientists are looking at how to make aeroplanes more sustainable. But with current batteries making electric aircraft far too heavy, hybrid fuel and electric models ...

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