Energy & Green Tech

Experts' predictions for future wind energy costs drop significantly

Technology and commercial advancements are expected to continue to drive down the cost of wind energy, according to a survey led by Lawrence Berkeley National Laboratory (Berkeley Lab) of the world's foremost wind power experts. ...

Energy & Green Tech

UK's sole hydrogen car maker bets on green revolution

Hydrogen-powered car manufacturer Riversimple is hoping to steal a march on competitors ahead of Britain's promised "green revolution" that would see petrol-powered cars banned within 10 years.

Business

Nearly 200 European airports risk going bankrupt

Nearly 200 European airports risk insolvency in the coming months if passenger traffic does not recover, a trade association warned on Tuesday, as nations contemplate further lockdowns to combat a second wave of the coronavirus ...

Business

Emirates predicts 18-month lull in air demand

Gulf aviation giant Emirates said Sunday it would take at least 18 months for travel demand to return to "a semblance of normality", despite reporting bumper pre-pandemic profits.

Business

British Airways parent dives into huge quarterly loss

British Airways owner IAG said Thursday it plunged into the red in the first quarter as the coronavirus pandemic grounded planes, adding that pre-crisis passenger demand would not return until 2023.

Business

Air France must capitalise on home market: AF-KLM chief

Air France has resolved difficult staff relations that led to debilitating strikes and must now reposition itself in the ultra-competitive airline industry to take advantage of its home turf, according to Ben Smith, the head ...

Business

India's IndiGo makes $33bn mega-order of Airbus jets

Indian airline IndiGo has placed an order for 300 A320neo family aircraft, Airbus said Tuesday, in one of its largest-ever orders from a single firm, worth over $33.2 billion at catalogue prices.