Alaska Airlines Invests In JetZero To Advance New Technology For Net Zero Carbon Emissions

RTTNews | hace 97
Alaska Airlines Invests In JetZero To Advance New Technology For Net Zero Carbon Emissions

(RTTNews) - Alaska Airlines (ALK) announced Tuesday an investment in JetZero, a company developing a new blended-wing body (BWB) aircraft that will provide up to 50% less fuel burn and lower emissions.

The investment reflects Alaska's commitment to advance new technology that will benefit the future of aviation, including those that enable the airlines' path to net zero carbon emissions. Alaska invested as part of JetZero's Series A last year and is the first airline to do so.

The investment, which includes options for future aircraft orders, was made through Alaska Star Ventures (ASV), the airline's investment arm whose purpose is to influence the future of the aviation industry.

ASV is focused on identifying and enabling the technologies that can help Alaska reach its ambitious goal of net zero carbon emissions by 2040. JetZero's BWB aircraft stands out with its innovative design that integrates the wings and fuselage into a single smooth shape, greatly reducing aerodynamic drag.

Due to an expected 50% fuel reduction compared to the current tube-and-wing design, the BWB will result in potential lower carbon emissions and operating costs.

read more
US Airlines, Unions Urge Govt To Pause Addl. Flights Between US And China

US Airlines, Unions Urge Govt To Pause Addl. Flights Between US And China

Major airlines in the United States, along with its various unions, urged the Biden Administration to pause additional passenger flights between the country and China, citing anti-competitive policies of the Chinese government. Following the news, most of China-based airlines were trading lower on Friday. Air China Ltd shares fell 2.9 percent, while China Eastern Airlines Corp. Ltd. dropped 2.5
RTTNews | hace 220
Alaska Airlines Takes Delivery Of First Longer-range Boeing 737-8

Alaska Airlines Takes Delivery Of First Longer-range Boeing 737-8

Alaska Airlines (ALK) said Thursday it took delivery of the first longer-range Boeing 737-8 to its aircraft lineup - the next component of its strategic, long-term fleet plan that builds on its strengths and provides a road map for ongoing future success.
RTTNews | hace 319
Alaska Airlines Announces New Nonstop Service Between Seattle/Everett And Honolulu

Alaska Airlines Announces New Nonstop Service Between Seattle/Everett And Honolulu

Alaska Airlines (ALK) announced Friday new nonstop service between Seattle/Everett and Honolulu starting this fall. This will be the airline's first flight connecting Paine Field-Snohomish County Airport and the Hawaiian Islands. The daily, year-round flight begins on November 17, just in time for travel during the holiday season.
RTTNews | hace 528
Taiwan Shares May Bounce Higher Again On Tuesday

Taiwan Shares May Bounce Higher Again On Tuesday

The Taiwan stock market turned lower again on Monday, one session after ending the four-day losing streak in which it had tumbled almost 850 points or 3.6 percent. The Taiwan Stock Exchange now rests just beneath the 22,550-point plateau and it may see additional support on Tuesday.
RTTNews | hace 5h 16min
Rebound Anticipated For Singapore Stock Market

Rebound Anticipated For Singapore Stock Market

The Singapore stock market on Monday ended the three-day winning streak in which it had collected more than 30 points or 0.8 percent. The Straits Times Index now sits just above the 3,730-point plateau although it's likely to bounce higher again on Tuesday. The global forecast for the Asian markets is cautiously optimistic, with technology and oil stocks expected to lead the way higher. The European and U.S. markets were mostly higher and the Asian bourses are also likely to open to the upside. The STI finished modestly lower on Monday following mixed performances from the financial shares, property stocks and industrial issues. For the day, the index lost 12.15 points or 0.32 percent to finish at 3,732.55 after trading between 3,727.94 and 3,754.82. Among the actives, CapitaLand Integrated Commercial Trust skidded 1.01 percent, while CapitaLand Investment advanced 0.72 percent, City Developments added 0.39 percent, DBS Group retreated 1.26 percent, DFI Retail surged 3.42 percent, Hongkong Land tanked 2.14 percent, Keppel DC REIT sank 0.45 percent, Keppel Ltd rose 0.30 percent, Mapletree Pan Asia Commercial Trust, Mapletree Industrial Trust rallied 0.81 percent, SATS plunged 2.60 percent, Seatrium Limited declined 1.08 percent, SembCorp Industries tumbled 1.37 percent, Singapore Technologies Engineering plummeted 5.52 percent, SingTel dropped 0.63 percent, Thai Beverage jumped 0.97 percent, Wilmar International spiked 1.31 percent, Yangzijiang Shipbuilding slumped 0.79 percent and Emperador, Genting Singapore, Yangzijiang Financial, Frasers Logistics & Commercial Trust, Oversea-Chinese Banking Corporation, Frasers Centrepoint Trust, Mapletree Logistics Trust and Comfort DelGro were unchanged.
RTTNews | hace 5h 46min
Malaysia Stock Market Poised To Open To The Upside On Tuesday

Malaysia Stock Market Poised To Open To The Upside On Tuesday

The Malaysia stock market on Monday snapped the two-day slide in which it had slumped almost 20 points or 1.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau and it's tipped to open in the green again on Tuesday. The global forecast for the Asian markets is cautiously optimistic, with technology and oil stocks expected to lead the way higher. The European and U.S. markets were mostly higher and the Asian bourses are also likely to open to the upside. The KLCI finished modestly higher on Monday following gains from the telecoms and plantations, while the financial and industrial sectors were mixed. For the day, the index improved 11.60 points or 0.73 percent to finish at 1,604.04 after trading between 1,591.49 and 1,605.41. Among the actives, Axiata rallied 1.34 percent, while Celcomdigi strengthened 1.20 percent, CIMB Group was up 0.24 percent, Genting gained 0.53 percent, Genting Malaysia jumped 1.42 percent, IHH Healthcare eased 0.14 percent, IOI Corporation accelerated 1.53 percent, Kuala Lumpur Kepong gathered 0.46 percent, Maxis surged 3.78 percent, Maybank dipped 0.19 percent, MISC sank 0.66 percent, MRDIY added 0.55 percent, Nestle Malaysia slid 0.20 percent, Petronas Chemicals fell 0.22 percent, PPB Group dropped 0.70 percent, Press Metal skyrocketed 6.59 percent, Public Bank collected 0.67 percent, QL Resources improved 0.84 percent, RHB Bank rose 0.47 percent, Sime Darby perked 0.45 percent, SD Guthrie soared 2.29 percent, Sunway spiked 1.72 percent, Telekom Malaysia increased 0.48 percent, Tenaga Nasional climbed 1.13 percent, YTL Corporation shed 0.51 percent and YTL Power was unchanged. The lead from Wall Street suggests mild upside as the major averages opened on opposite sides of the line on Monday and maintained a fairly narrow trading range before ending mixed.
RTTNews | hace 6h 16min
South Korea Shares May Add To Their Winnings On Tuesday

South Korea Shares May Add To Their Winnings On Tuesday

The South Korea stock market has finished higher in two of three trading days since the end of the four-day losing streak in which it had plunged almost 250 points or 5.8 percent. The KOSPI now sits just beneath the 2,470-point plateau and it may tick higher again on Tuesday.
RTTNews | hace 6h 46min
Energy, Mining Stocks Lift TSX

Energy, Mining Stocks Lift TSX

The Canadian market closed on a firm note on Monday, lifted by gains in energy and materials stocks as commodity prices climbed higher amid an escalation in the Russia - Ukraine war.
RTTNews | hace 6h 49min