BLAGNAC, France (AP) — Airbus said it was confident its planes would not encounter the same technical problems afflicting archrival Boeing's 787s, even though they use the same kind of batteries that have this week raised security concerns.
By Quick Pen:The American aircraft major Boeing (BA) is on a growth path and has been portraying impressive development in the past few years. The jet maker is on a roll and is expected to thrive given the rising demand for fuel efficient aircraft. The increasing demand and requirement for jets is showing in the epic backlog that the Chicago-based aircraft major has registered.
MINNEAPOLIS (AP) — Federal safety investigators intensified their scrutiny of a Monday fire aboard a Boeing 787 as concerned investors sold shares in the aircraft maker for a second day. Boeing on Tuesday confirmed that the fire aboard a Japan Airlines plane appeared to have started in a battery pack for the plane's auxiliary power unit.
In the past ten years, fuel costs for airlines have more than doubled as a percentage of revenues, and buying fuel now makes up for 58% of an airline's running costs. That's good news for plane manufacturers, who benefit from the resulting demand for new, more fuel-efficient aircraft, according to a new blue paper from analysts at Morgan Stanley.
OTTAWA — The oil and gas sector will need to lower greenhouse gas emissions by 42 per cent if Canada has any hope of meeting overall reductions targets by the end of the decade, says a new report from an environmental think-tank.
The Pembina Institute report also says the only way that’s going to happen is if upcoming federal regulations on the sector go much farther than those already in place in Alberta.
TOKYO/WARSAW — China, the EU and environmentalists criticized Japan at UN climate talks on Friday for slashing its greenhouse gas emissions target after its nuclear power industry was shuttered by the Fukushima disaster.
The Japanese government on Friday decided to target a 3.8% emissions cut by 2020 versus 2005 levels. That amounts to a 3% rise from a UN benchmark year of 1990 and the reversal of the previous target of a 25 percent reduction.
PARIS (Reuters) - CFM International, the world's largest maker of jet engines by number of units sold, said on Wednesday that testing of a new powerplant for the next generation of narrowbody passenger jets was going to plan. CFM, a joint venture between General Electric and France's Safran , is developing the LEAP-X engine for the Boeing 737 MAX and Airbus A320neo, as well as a Chinese competitor now under development, the Comac C919. ...
PARIS (Reuters) - CFM International, the world's largest maker of jet engines by number of units sold, said on Wednesday that testing of a new powerplant for the next generation of narrowbody passenger jets was going according to plan. CFM, a joint venture between General Electric and France's Safran , is developing the LEAP-X engine for the Boeing 737 MAX and Airbus A320neo, as well as a Chinese competitor now under development, the Comac C919. It competes partly with a new engine being developed by United Technologies unit Pratt & Whitney. ...
South Korea is caught in a dilemma between its promise to drastically cut greenhouse gas emissions and mounting concerns that the move will only benefit business rival China, a minister said Tuesday.Knowledge Economy Minister Choi Kyung-Hwan also said there were fears that energy-intensive local companies such as steel firms and automakers would relocate overseas to avoid tougher curbs on emissions.South Korea last month set an ambitious target for its voluntary cut in greenhouse gas emissions, saying it wants to set an example to other developing countries.