Wednesday, January 22

Business

American Airlines makes equity investment in Universal Hydrogen
16Oct By Editorial TeamNo Comments
Business, Travel & Food

American Airlines makes equity investment in Universal Hydrogen

American Airlines today announced its strategic equity investment in Universal Hydrogen Co., a company building a green hydrogen distribution and logistics network for aviation. The investment supports American’s science based targets to reduce greenhouse gas (GHG) emissions by 2035, and ultimately its commitment to achieve net zero GHG emissions by 2050. This investment makes American the first U.S. airline to make two direct investments focused on the development of both hydrogen-electric propulsion technology and the future of hydrogen distribution logistics. Universal Hydrogen’s fuel distribution network uses modular hydrogen capsules that are handled like cargo, eliminating the need for new fueling infrastructure at airports and speeding up fuel loading operations. Universal Hydrog...
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New gates, new routes: Delta customers at LAX have more to enjoy
2Oct By Editorial TeamNo Comments
Business, Featured, Travel & Food

New gates, new routes: Delta customers at LAX have more to enjoy

Delta Air Lines and Los Angeles World Airports (LAWA) have completed another major phase of the Delta Sky Way at LAX: the brand-new T3 facility, featuring nine new gates* and spacious seating areas, will open to customers on Oct. 5. “We continue to elevate the customer journey in Los Angeles, building loyalty through state-of-the-art infrastructure, robust network offerings, innovative technology and, of course, our award-winning customer service,” said Scott Santoro, Vice President of Global Sales. “LAX is one of Delta’s most important coastal hubs, and we’re committed to providing customers with the premium curb-to-claim experience they deserve.” Delta accelerated timelines on the T3 construction, pulling the future forward even faster for LA and Angelenos. Completion of this lates...
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United invests another $15 million in electric flying taxi market with eve
2Oct By Editorial TeamNo Comments
Business

United invests another $15 million in electric flying taxi market with eve

United today announced a $15 million investment in Eve Air Mobility and a conditional purchase agreement for 200 four-seat electric aircraft plus 200 options, expecting the first deliveries as early as 2026. This marks another significant investment from United in flying taxis – or eVTOLs (electric vertical take-off and landing vehicle) – that have the potential to revolutionize the commuter experience in cities around the world. Under the terms of the agreement, the companies intend to work on future projects, including studies on the development, use and application of Eve's aircraft and the urban air mobility (UAM) ecosystem. "United has made early investments in several cutting-edge technologies at all levels of the supply chain, staking out our position as a leader in aviation sust...
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