Business Apr 27, 2023
Why flying is so expensive and likely to remain that way
by Anurag Kotoky
While airlines expect decent profits now that business and leisure travel has returned, there are myriad reasons why fares remain high.
Why flying is so expensive and likely to remain that way
While airlines expect decent profits now that business and leisure travel has returned, there are myriad reasons why fares remain high.
Global oil traders focused on potential boom in China holiday air travel
Global oil traders are fixated on the next milestone in China’s economic recovery, when travelers pack their bags and head to the airport for the Golden Week holiday in early May.
China launches weather satellite as flights avoid no-fly zone north of Taiwan
The no-fly announcement rattled regional nerves as it followed shortly after China staged new war games around Taiwan, which Beijing views as sovereign Chinese territory.
SkyDrive's $1.5 million 'flying car' gets its first private customer
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Taiwan says China planning to close airspace for only a brief period
Yan Yu-hsien, deputy chief of the general staff for intelligence from Taiwan's defense ministry, said the "no-fly zone" would fall within the island's air defense identification zone.
Japan's first piloted flying taxi test held ahead of 2025 Expo
Osaka plans for the "flying cars" to be among the expo's main attractions, with the vehicles expected to provide access to the event venue.
Japan ruling bloc OKs plan to ease rules for weapon use against flying objects
The plan would enable the Self-Defense Forces to fire weapons to secure the safety of air traffic and protect the lives and properties of people on the ground.
Responsible for around 2% of the world’s total emissions of planet-warming gases, the aviation industry is under pressure to find greener ways to power its jet engines.
Boeing delivers last 747, as JAL personnel join event as largest user
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Mitsubishi Heavy pulls plug on long-troubled SpaceJet project
The firm has pointed to a lack of resources and unclear market prospects as some of the major reasons for discontinuing the project.
Nippon Paper and other firms eyeing sustainable aviation fuel made from wood
The project, if it succeeds, would aim to produce bioethanol from Nippon Paper's mills in the 2027 fiscal year to be used as a feedstock for sustainable aviation fuel.