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☆ Morgan Stanley says this flying car stock can surge nearly 60%
▼ + stars: | 2024-05-06 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Morgan Stanley says EHang , a maker of flying cars, is poised to be a leading player as eVTOL , or electric vertical take-off and landing vehicles, become more commercial. The Wall Street investment bank began research coverage of the EHang stock with an overweight rating and a $27.50 per share price target, implying more than 58% upside from Friday's $17.38 close. EHang stock has risen roughly 3.4% in 2024 through Friday, and is up almost another 6% in early trading Monday. EH YTD mountain EHang stock. "This represents a substantial emerging market, and EHang (EH), as a market bellwether with first-mover advantage, is poised to capture significant growth potential, in our view," the analyst said.

Persons: Morgan Stanley, EHang, Cindy Huang, Huang, — CNBC's Michael Bloom Organizations: Civil Aviation Administration, China Locations: China

☆ Thousands of planes have run into issues with jammed GPS signals while flying over Eastern Europe, and some people are blaming Russia
▼ + stars: | 2024-04-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

About 46,000 flights reported navigation problems flying over the Baltics during an eight-month period, The Sun reported. AdvertisementThousands of planes may have run into issues with jammed GPS signals, according to a report by British tabloid The Sun which suggests that Russia may be to blame. AdvertisementBoth The Sun and The Guardian reported that Russia is suspected of being involved in GPS jamming attacks. The frequency of instances of navigation problems rocketed from fewer than 50 a week last year to more than 350 a week last month, The Sun reported. But the CAA told The Independent that jamming and spoofing near conflict zones were often by-products of military activity, not deliberate actions.

Persons: —, Grant Shapps, Rishi Sunak, There's, Luc Tytgat, Glenn Bradley Organizations: Sun, Service, British, The Sun, European Union Aviation Safety Agency, Guardian, Wizz Air, Royal Air Force, CAA, Independent, UK Civil Aviation Authority, Ryanair Locations: Estonia, Latvia, Lithuania, Poland, Türkiye, Cyprus, Russia, GPSJAM.org, Sun, Baltic, Kaliningrad, Russian, Baltics, Eastern Europe, Ukraine

☆ China is getting a head start on the flying car industry: report
▼ + stars: | 2024-04-22 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

China is pulling ahead in the flying car industry. AdvertisementChina is leading the pack as the flying car industry tries to take off. Kellen Xie, the vice president of Chinese eVTOL company AutoFlight Group, told the Financial Times that the Civil Aviation Administration of China (CAAC) has been "quite supportive" of the growing industry. Related storiesXie told FT that CAAC regulators "work longer hours" and "are determined to actually speed up the process of bringing this new technology into reality." A month later, California-based startup Aska became the second eVTOL company to earn FAA certification, but Aska's prototype is more like an aircraft than a car.

Persons: AutoFlight, —, Kellen Xie, Xie Organizations: Service, AutoFlight, Financial Times, Civil Aviation Administration of China, Federal Aviation Administration, Alef Aeronautics, FAA Locations: China, Europe, California

☆ Inside the world of flying cars, or eVTOLs, which are moving closer to reality
▼ + stars: | 2024-04-19 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +6 min

Source: Alef AeronauticsWhat if flying around in an electric vehicle is a key part of the way you travel in the future? EVTOLs, or electric vertical take-off and landing vehicles, popularly known as flying cars or air taxis, are being developed by firms in the U.S. to Europe and Asia. Four of the most common eVTOLsAn eVTOL aircraft can take off and land vertically. From the technologies they use to take off and land to the fact they're electric, eVTOLs are trying to distinguish themselves from helicopters. While some wealthy individuals may own their electric aircraft, they will more likely be operated in fleets by an operator, as is the case with airlines.

Persons: Lilium, Jim Dukhovny, Tim Draper, EHang Organizations: Aeronautics, JPMorgan, CNBC Tech, Aviation, European Union Aviation Safety Agency, Federal Aviation Administration, Civil Aviation Administration of China, eVTOLs, Alef Aeronautics Alef Aeronautics, Alef Aeronautics, SpaceX, Theranos Locations: U.S, Europe, Asia, —, eVTOLs, United States, China, Munich, Germany, Spain

☆ Take a ride inside Ehang's fully autonomous, two-seater air taxi
▼ + stars: | 2024-04-18 | by ( Arjun Kharpal | Cristy Garratt | ) www.cnbc.com time to read: +1 min

About an hour's drive from the company's headquarters in Guangzhou, China, sits a test site for Ehang's autonomous aerial vehicles. Perched on the tarmac during CNBC's visit was the company's fully autonomous, two-seater air taxi. Its scheduling system runs on the server, so its route is automatically loaded, and then it carries out a completely automated route flight." Because of this other aircraft, we also need to build a vertical take-off and landing flight site between cities," Wang said. Take a tour of the EH216 and watch its test flight by clicking the video above.

Persons: Dong Wang, Ehang, AAV, Wang Organizations: CNBC Tech, Civil Aviation Administration, Federal Aviation Administration Locations: Guangzhou, China, United States

☆ Jordan walks a tightrope after downing Iranian drones and missiles
▼ + stars: | 2024-04-17 | by ( Jomana Karadsheh | ) edition.cnn.com time to read: +7 min

Jordan became the second Arab country to sign a peace deal with Israel in 1994. The kingdom was portrayed as shielding Israel at a time when Palestinians were being bombed by Israel in Gaza. One meme shared by users apparently outside Jordan showed a manipulated image of Jordan’s King Abdullah in an Israeli military uniform. “We are in the range of fire and any missiles or projectile that could fall in Jordan would cause harm to Jordan. Our priority is to protect Jordan and to protect Jordanian citizens.”And Jordan’s leadership seems intent on sending that message to its people.

Persons: Saddam Hussein, Jordan, Israel, King Abdullah, Bisher, “, Ayman Safadi, CNN’s Becky Anderson, ”, Safadi, “ Jordan, Joe Biden, Benjamin Netanyaahu, Iran ”, Abdullah, Queen Rania Organizations: CNN, Israel, West Bank, Scud, United, Sunday, ”, Jordan, Zionist, Jordanian Royal Court Locations: Amman, Israel, Damascus, Iraq, Iran, Syria, Jordanian, United States, Jordan, Gaza, Tehran, Fars, Iranian, Mafraq

☆ Global airlines are governed by strict 'freedoms of the air' dating back 80 years. They've created some funky routes.
▼ + stars: | 2024-04-12 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

Global airlines are governed by nine "freedoms of the air," drafted 80 years ago in 1944. The fifth freedom can give airlines a competitive edge and help capitalize on demand. "Five Freedom Agreements"Qantas flies a Boeing 787 on its fifth freedom route between Sydney and New York. Seventh FreedomThe seventh freedom is similar to the fifth freedom but takes out the limitation of where the route must start or end. Ninth FreedomAdvertisementThis cabotage freedom allows an airline of one nation to fly between two points in a separate single country.

Persons: —, Vytautas Kielaitis, Taylor Rains, Toshi, Nicolas Economou Organizations: Service, International Civil Aviation Organization, United Nations, Chicago Convention, ICAO, Chicago, European Union, Singapore Airlines, Airbus, Qantas, Google Flights, United Airlines, FAA, Emirates, Latam Airlines, Atlantic . Emirates, luxe, Forbes, Air Senegal, Boeing, Ryanair, Getty, Nice Locations: New York, Singapore, Frankfurt, Germany, Emirates, JFK, Milan, Newark, Athens, Dubai, Australian, Sydney, Auckland , New Zealand, Cebu, Philippines, Tokyo, —, Mexico City, Barcelona, Santiago, Chile, Auckland, Amsterdam, Buenos Aires, Los Angeles, Australia, Dakar, Baltimore, Ireland, Rome, Vilnius, Lithuania, Paris

☆ Qatar Airlines avoids Australian lawsuit over forced invasive examinations of women
▼ + stars: | 2024-04-11 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —Qatar Airways has avoided a lawsuit over an incident in which a number of female passengers were forced to undergo invasive medical examinations, after an Australian federal court dismissed the case Wednesday. On October 2, 2020, 13 Australian women were transiting through Doha airport in Qatar on their way to Sydney when they were taken off their Qatar Airways plane by members of the Qatari security services and subjected to physical examinations in ambulances on the airport tarmac. CNN has contacted Qatar Airways for comment. However, the judge also ruled that the women could file a revised complaint against MATAR, the Qatar Airways subsidiary. “The decision to allow QATAR Airways and the Civil Aviation Authority out of the proceedings is being carefully reviewed and if there is a proper basis an appeal will be quickly filed,” Sturzaker said in a statement.

Persons: John Halley of, ”, Halley, MATAR, Damian Sturzaker, ” Sturzaker, ” Halley, Scott Morrison Organizations: CNN — Qatar Airways, Qatar Airways, Qatar Ministry of Interior, CNN, Qatar Civil Aviation Authority, Federal Court, MOI, Sydney, Marque Lawyers, QATAR Airways, Civil Aviation Authority Locations: Doha, Qatar, Sydney, MOI, Sydney , New South Wales, State, Australia

☆ A British Airways jet came 'extremely close' to a drone that was flying 24 times above its legal maximum altitude, report says
▼ + stars: | 2024-04-01 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A British Airways pilot said a drone flew "extremely close" to their aircraft at 9,600 feet. The Airbus A321 was flying at 250 mph when the drone was spotted, the MailOnline reported. An Airprox report said it was categorized as a high-risk incident. AdvertisementA British Airways jet had a close call with a drone flying more than 9,000 feet above its legal limit, safety investigators have said. In 2018, flights were halted at London's Gatwick Airport after drones were spotted close to a runway.

Persons: —, David Dunn Organizations: British Airways, Airbus, Service, London Heathrow Airport, Civil Aviation Authority, University of Dayton, Birmingham University, Gatwick Locations: London, Athens, Heathrow

☆ Flying cars — or eVTOLs — are becoming reality. Would you ride in one?
▼ + stars: | 2024-04-01 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +36 min

They are flying cars, they're flying cars,Tom Chitty: These vehicles aren't necessarily actually cars with wheels, either, because I know that you've done you've got a program coming up soon about eVTOL. And the idea is there's going to be a fleet of these run by an operator. You've alluded to this feature program we've got coming out looking at the future of these, these flying cars, basically in these eVTOLs. And also, we can't finish this episode about flying cars and eVTOLs without talking about Chitty Chitty Bang Bang, the OG. Yeah, no, that's, that's very surprising.

Persons: Tom Chitty, Arjun Kharpal, who's, I've, we've, We've, I'm, they'd, I'd, there's, Arjun, that's, we're, you've, there'll, they're, You've, Kharpal, it's, you'll, They've, Morgan Stanley, someone's, What's, they've, They're, Big Ben, Chitty Chitty Bang Bang, Chitty Bang Bang, Tom, We'll Organizations: JPMorgan, CNBC, Mar, Airbus, Archer Aviation, Joby, Infrastructure, Boeing, Heathrow Airport, Civil Aviation Administration, U.S . Federal Aviation Administration, FAA, Autonomy, London, Transport Locations: Spain, China, Europe, Munich, Germany, beyondthevalley@cnbc.com, London, Chinese, Guangzhou, Birmingham, U.S, Manchester, it's, eVTOLs, Battersea, Heathrow

☆ A deadly Boeing 737 crash in China is still shrouded in mystery as the government says it found nothing abnormal before the plane nose-dived
▼ + stars: | 2024-03-26 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewChinese authorities say they've yet to identify the cause of a Boeing 737 crash that killed 132 people two years ago, reporting that investigators found nothing abnormal occurring before the fatal incident. The report, published Wednesday by the Civil Aviation Administration of China, covers the government probe into the crash of flight MU5735, which was operated by China Eastern Airlines. AdvertisementBloomberg reported shortly after the crash, citing flight tracker data, that the plane hit the ground while traveling near the speed of sound. A rescuer ties a safety rope to a tree at the plane crash site in Tengxian County, south China's Guangxi Zhuang Autonomous Region, March 26, 2022. When asked to comment on the report, a Boeing spokesperson referred BI to the Civil Aviation Administration of China.

Persons: —, MU5735, Lu Boan Organizations: Service, Boeing, Civil Aviation Administration, China Eastern Airlines, Business, Staff, Street, Bloomberg, Getty Images, Civil Aviation Administration of China Locations: China, Guangxi Zhuang, Teng County, Tengxian County, Guangxi Zhuang Autonomous Region, Xinhua, Kunming, Guangzhou, Weibo

☆ Premarket stocks: Rate cut in June or July? What matters is the Fed wants to get started
▼ + stars: | 2024-03-25 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

[About 70% of investors now think a rate cut will occur in June, according to the CME FedWatch tool.] Goldman Sachs is currently predicting a 15% chance of recession over the next 12 months, down from 35% last year. Seeing that happen made us more confident that the Fed wouldn’t be forced to cause a recession in order to get inflation down. The reason we say 15% risk is because that is roughly the historical unconditional average. So a 15% recession rate is baseline for you, it will never go below that number?

Persons: Dow, Bell, David Mericle, Goldman Sachs, It’s, it’s, we’ve, I’m, Samantha Delouya, authority’s, ” United, Joe Biden Organizations: New, New York CNN, Federal Reserve, Dow Jones, Goldman Sachs ’, Bell, National Bureau of Economic, FAA, United, Federal Aviation Administration, United Airlines, United Boeing, ”, Federal Communications Commission, Program, Lawmakers, ACP, FCC Locations: New York, We’re, Medford , Oregon

☆ FAA says future United projects ‘may be delayed’ due to increased oversight
▼ + stars: | 2024-03-23 | by ( Samantha Delouya | Nicole Goodkind | ) edition.cnn.com time to read: +2 min

“Due to recent safety events, the FAA is increasing oversight of United Airlines to ensure that it is complying with safety regulations; identifying hazards and mitigating risk; and effectively managing safety,” an FAA spokesperson said in a statement. The civil aviation authority’s stepped up oversight comes after a United Boeing 737-800 landed in Medford, Oregon, missing an external panel on March 15. In just the last month, another United Boeing plane spewed flames from an engine after taking off, one slid off the runway, one lost a wheel during takeoff and another trailed hydraulic fluid. The FAA did not specify what future projects may be delayed by its evaluation, but on Saturday, Bloomberg reported the agency is considering preventing United Airlines from adding new routes, curbing the airline’s growth. Last week, a LATAM Airlines Boeing plane flying from Sydney, Australia, to Auckland, New Zealand, suddenly plunged in midair, injuring some passengers as they were thrown to the cabin’s ceiling.

Persons: authority’s, ” United, ”, CNN’s Gregory Wallace, Chris Isidore, Pete Muntean Organizations: CNN, Federal Aviation Administration, United Airlines, FAA, United Boeing, Boeing, Bloomberg, United, ”, Alaska Airlines Boeing, Max, LATAM Airlines Boeing Locations: Medford , Oregon, United, Sydney, Australia, Auckland , New Zealand

☆ So-called black boxes carry the real answer to what happened on LATAM flight 800
▼ + stars: | 2024-03-17 | by ( Gregory Wallace | ) edition.cnn.com time to read: +6 min

CNN —Running to the tail of Boeing’s 787 Dreamliner is an umbilical cord carrying a rapid play-by-play of virtually every flight feature. The 787 Dreamliner — one of Boeing’s more recently developed aircraft — feeds data into the flight data recorder through a system called the Common Data Network, which some compare to the human body’s central nervous system. The Federal Aviation Administration used this data after ungrounding Boeing’s 737 Max in late 2020 to track every Max flight. Some aircraft also carry a Quick Access Recorder (QAR) that is not hardened like the FDR but tracks the same data. When US Air flight 427 crashed three years later near Pittsburgh, the FDR recorded 11 parameters.

Persons: FDR, ”, Peter Goelz, Goelz, Kathleen Bangs, Max Organizations: CNN, FDR, LATAM Airlines, Street Journal, National Transportation Safety Board, US National Transportation Safety Board, International Civil Aviation Organization, Federal Aviation Administration, Aircraft Communications, United Airlines, US Air, NTSB Locations: France, Australia, United Kingdom, Pittsburgh

☆ A pilot on a Boeing plane that plummeted midair said his 'gauges just kind of went blank on me,' passenger says
▼ + stars: | 2024-03-12 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

A LATAM Airlines pilot reportedly told a passenger that he had momentarily "lost control" of the plane. A passenger told CNN the pilot said the plane's gauges "just kind of went blank on me." AdvertisementAfter the flight landed, passenger Brian Jokat told CNN that he spoke to the pilot, who he said told him: "My gauges just kind of went blank on me." Jokat told CNN that he had been sleeping when the plane "dropped something to the effect of 500 feet instantly." The flight landed in Auckland on schedule, the airline said in its statement, while apologizing for "any inconvenience and discomfort" from the incident.

Persons: —, Brian Jokat, Jokat, I'm, Lucas Ellwood, Ellwood Organizations: LATAM Airlines, CNN, Service, LATAM Airways, Boeing, New Zealand Herald, ABC Locations: Sydney, Auckland, New Zealand

CNN —Indonesia’s transport ministry will launch an investigation after two Batik Air pilots fell asleep during a recent flight, according to state news agency Antara, citing the ministry’s civil aviation director-general M Kristi Endah Murni. The flight, BTK6723, lasted two hours and 35 minutes, and successfully landed in Jakarta, according to Antara and the preliminary report. Around 90 minutes into the flight, the second-in-command then “inadvertently fell asleep,” according to the report. Around 28 minutes after the last recorded transmission, the pilot-in-command woke up and realized the plane was not in the correct flight path. The preliminary report detailed that the pilot-in-command told the ACC that the flight had experienced a “radio communication problem” that had been resolved.

Persons: Antara, Kristi Endah Murni, “, ” Murni Organizations: CNN, National Transportation Safety, ACC, Air Locations: Kendari, Southeast Sulawesi, Jakarta, ”, Indonesia

☆ US allows China to boost passenger flights to 50 per week as summer travel season nears
▼ + stars: | 2024-02-27 | by ( Laura He | ) edition.cnn.com time to read: +4 min

By February of that year, most American airlines had suspended flights to China due to fears about the coronavirus. In the next month, the CAAC slashed international flights to China, citing the need to curb imported Covid-19 cases. Despite the two sides amending their rules after negotiations, the number of flights between the United States and China still fell significantly during the pandemic. We look forward to once again welcoming Chinese group travel to the United States,” she said in a statement issued at the time. In June, Reuters reported that newly approved flights by Chinese airlines were indeed avoiding Russian airspace on their way to the United States.

Persons: Hong Kong CNN —, David McNew, Trump, Gina Raimondo, ”, Biden Organizations: Hong Kong CNN, US Department of Transportation, ” Citi, Civil Aviation Administration of China, Air China, LAX Tom, US, Reuters Locations: China, Hong Kong, Hong Kong CNN — Washington, United States, Los Angeles , California, Beijing, Washington, Russia, Ukraine

☆ How Benjamin O. Davis Sr. and Davis Jr. became America’s first Black generals
▼ + stars: | 2024-02-25 | by ( Nicole Chavez | ) edition.cnn.com time to read: +12 min

In 1940, Benjamin O. Davis Sr. became the first Black person to achieve the rank of brigadier general in the US Army. Twenty years after his father made history, Davis Jr. became the first Black brigadier general in the Air Force in 1960. Davis Sr. was born in Washington, DC, less than 20 years after the ratification of the 13th amendment, which abolished slavery. So, Davis Jr. moved alone to Chicago for nearly two years to secure the nomination and his spot at West Point. “So, (the Army) provided no opportunities for African Americans to lead troops, it provided no opportunities before 1940 for African Americans to fly airplanes, there were no African Americans in the Marine Corps,” Moye added.

Persons: Benjamin O, Davis, Davis Jr, “ Davis, ”, J, Todd Moye, “, White, ” Moye, Sr, West Point Davis, Oscar S, De Priest, Illinois, ” “, Doug Melville, ’, America’s, Ben Jr, ” Benjamin O, Simon, Simon & Schuster, Franklin D, Roosevelt, Moye, Army shouldn’t, Harry S, Truman, Melville, Le’Trice Donaldson, ” Donaldson, Bill Clinton, Davis , Jr, ” Clinton, ” Melville Organizations: CNN, US Army, Tuskegee Airmen, Air Force, University of North, Service’s Tuskegee, Guard, 8th US Volunteer Infantry, Army, Army’s, of, 9th Cavalry, Buffalo Soldiers, Army War, Corps, West Point, African, Blacks, Tuskegee Institute, 99th Fighter Squadron, 332nd Fighter Group, Chanute Air Museum, Simon &, Marine Corps, Alabama’s Tuskegee Army, US Air Force, Armed Services, United States Army, United States Air Force, Black, Texas, Corpus Christi, Department of Transportation, Federal Air Marshal Service, America Locations: University of North Texas, Washington ,, Spanish, Philippines, Mexico, American, France, Chicago, West, West Point, Italy, Washington, America, North Africa, Sicily, Vietnam, “

☆ Project Sunrise: Aircraft delays push back launch date for Qantas’ record-breaking flights
▼ + stars: | 2024-02-22 | by ( Karla Cripps | ) edition.cnn.com time to read: +7 min

CNN —Travelers who were hoping to experience Qantas’ long-awaited, record-breaking ‘Project Sunrise’ flights next year will have to be a bit more patient. Project Sunrise: Australian airline Qantas is gearing up to launch its ultra long-haul "Project Sunrise" flights between Australia and New York City and London. Qantas Business Suites: For the first time, Qantas will add a sliding door to its business class seats for added privacy. The layout includes six first class seats in a 1-1-1 configuration, 52 business class seats in 1-2-1, 40 premium economy seats in 2-4-2 and 140 economy seats in 3-3-3. Business class suites will be 42 inches wide with 25-inch-wide chairs that can be reclined into a two-meter bed.

Persons: ” Christian Scherer, – Organizations: CNN — Travelers, Qantas, Airbus, Sydney, Reuters, CNN, Sunrise, Civil Aviation Safety Authority, Boeing, Australian, Qantas Qantas, Singapore Airlines ’, JFK Locations: Australia, New York, London, Singapore, Sydney, Melbourne, Perth, Sri Lanka, New York City, Singapore Airlines ’ Singapore, JFK

☆ China will showcase its domestic jetliner at the Singapore Airshow. Here's what else to expect
▼ + stars: | 2024-02-19 | by ( Shreyashi Sanyal | ) www.cnbc.com time to read: +1 min

A model of Comac's C919 aircraft at the Singapore Airshow on Feb. 6, 2018. SINGAPORE — China is gearing up to showcase its narrow-body passenger jet to a global audience for the first time at the Singapore Airshow. Touted as a competitor to Boeing's 737 and the Airbus 320, the Comac C919 is quickly turning out to be one of the most anticipated features at this year's event. "Flying for the first time at the Singapore Airshow, is the C919, a narrow-body airliner developed by Chinese aircraft manufacturer Comac," Singapore Airshow organizer and manager Experia Events said in a statement. The Singapore Airshow is a fantastic opportunity for Comac particularly given the current situation with Boeing," Brendan Sobie of Sobie Aviation told CNBC.

Persons: Experia, Lockheed Martin, Thales, Brendan Sobie, Sobie Organizations: Singapore, Singapore Airshow, Airbus, Commercial Aircraft Corporation of China, Civil Aviation Administration, China, Aerospace, Boeing, Lockheed, Dassault, SAAB, Leonardo, Sobie Aviation, CNBC Locations: SINGAPORE — China, Singapore, China

☆ Singapore outbound flights to cost more from 2026 over green fuel requirements
▼ + stars: | 2024-02-19 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +1 min

Travellers look at the flight departure schedule on the screen at Singapore Changi airport on December 7, 2022. Flights departing from Singapore will cost more from 2026 as the country pushes ahead with its aviation industry decarbonization goals. The initiative is part of a sustainable air hub blueprint which was unveiled by the Civil Aviation Authority of Singapore (CAAS) on the eve of the Singapore Airshow. To achieve the ambitious 1% target by 2026, travelers flying out of Singapore will have to be prepared to pay higher air fares. In 2021, the International Air Transport Association and member airlines committed to reaching net-zero carbon emissions by 2050.

Persons: Chee Hong Tat, CAAS, Chee Organizations: Changi Airport, Seletar, SAF, Transport, Civil Aviation Authority of Singapore, International Air Transport Association Locations: Singapore Changi, Singapore, Bangkok, Tokyo, London

☆ China gears up to ring in Year of the Dragon with expected record 9 billion trips
▼ + stars: | 2024-02-09 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +6 min

Authorities last month forecast that China’s population of 1.4 billion would take a record 9 billion trips during the 40-day holiday travel period, which began on January 26. Stringer/VCG/Getty Images A man takes photos of blooming plum blossoms at the Summer Palace in Beijing, China on February 5. Johanes P. Christo/NurPhoto/AP Crowds flock to the Spring Festival Light Show in Xi'an, Shaanxi Province, China on February 3. Axel Miranda/SOPA Images/Sipa/Reuters Workers assemble dragon lanterns at a production workshop in Nanchang, Jiangxi Province, China on January 24. Two major indexes recorded their worst drops in years capping off a dire 2023 that saw China’s stock markets become the world’s worst performer.

Persons: ”, Luo, Stringer, VCG, Zhang Yu, Ulet Ifansasti, Johanes, NurPhoto, Zhang Cheng, Wu Wenjun, Axel Miranda, Xi Jinping, ” Xi Organizations: Hong Kong CNN —, Festival, CNN, Authorities, China News Service, Spring, Reuters Workers, HSBC, Beijing, United States Embassy Locations: Hong Kong, China, Beijing, Fujian, Xi'an, Shaanxi Province, Solo City, Indonesia, Dharmayana, Bali , Indonesia, Guangzhou, China's, Guangdong Province, Barcelona, Spain, Nanchang, Jiangxi Province, Shanghai

☆ Finnair starts weighing flying passengers at the gate
▼ + stars: | 2024-02-08 | by ( Julia Buckley | ) edition.cnn.com time to read: +4 min

CNN —We all know what it’s like to have our baggage weighed at an airport check-in. But now, some brave airline passengers are consenting to being weighed themselves before boarding the plane. In a trial by European carrier Finnair at its Helsinki Airport hub, volunteer passengers are being weighed at the departure gate in order to allow the airline to refine weight estimates for planes before takeoff. Korean Air conducted its own weighing program in 2023, while Air New Zealand also did a weight survey last year. Finnair is collecting data for both winter and summer seasons, since passengers tend to wear heavier clothing and coats during the cold Finnish winters.

Persons: “ crouch, ”, you’ve, who’s, Päivyt, Finnair’s, Tallqvist, Alessandro Rampazzo, Finnair, Munnukka Organizations: CNN, Helsinki Airport, Getty, Civil Aviation Authority, European Aviation Safety Authority, Korean Air, Air New, Finnish Transport and Communications Agency Locations: Helsinki, AFP, Air New Zealand, Finnish, Munnukka

☆ Finnair has started asking passengers to volunteer to be weighed at the gate, and it's giving them a free baggage tag if they agree
▼ + stars: | 2024-02-08 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Finnair said no personal data is being collected along with passenger weight. Finnair uses its own passenger weight measurements, and authorities require that the data is updated every five years. The European Aviation Safety Authority also collects its own data on passenger weight for aircraft mass and balance calculations. Its latest study, in 2022, showed that average passenger weight did not significantly increase or decrease since the last study in 2009. AdvertisementAir New Zealand, Korean Air, Hawaiian Airlines have made similar requests of passengers in the past year, to better understand average weights for safety.

Persons: Finnair, —, Munnukka Organizations: Service, Guardian, European Aviation Safety Authority, Korean Air, Hawaiian Airlines, Uzbekistan Airlines, Business Insider Locations: Finnair, Finnair's, Helsinki, Zealand, Korean

ATHENS, Greece (AP) — Greece completed a major privatization Friday, selling its 30% stake in the biggest airport operator in the tourism-reliant country during an initial public offering, officials said. Shares in Athens International Airport are expected to begin trading on the Athens stock exchange starting Wednesday, the airport said in a statement. Finance Minister Costis Hadzidakis said the listing of a new blue chip stock would provide a strong boost to Greek capital markets. The initial public offering drew demand that exceeded the number of shares available, raising 785 million euros ($848 million) for Greece's state HRADF privatization fund. Photos You Should See View All 45 ImagesSome 32 million tourists visited Greece in 2023, up from about 28 million a year earlier.

Persons: Costis Hadzidakis, HRADF Organizations: —, Finance Locations: ATHENS, Greece, — Greece, Athens

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