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Air Canada Invests in Canadian Technology

Air Canada Invests in Canadian Technology

20 November 2022 Press Release Airline News

Air Canada today announced an equity investment/loan of $6.75 million into Canadian climate solutions company Carbon Engineering (CE). The investment supports the advancement of CE’s Direct Air Capture (DAC) technology that pulls carbon dioxide (CO2) directly out of the air at large, industrial scale.

Cathay Pacific Launches 2022 Black Friday Sale Across Three Cabin Classes

Cathay Pacific Launches 2022 Black Friday Sale Across Three Cabin Classes

19 November 2022 Press Release Airline News Travel Events News Tourism News

Cathay Pacific Airways (USA) has launched its annual Black Friday Sale. With three cabin classes on sale—Economy, Premium Economy and Business Class—and over 30 popular destinations featured, there is something for everyone: from scaling Japan’s highest peak, Mount Fuji, to diving deep in the sparkling waters of Cebu in the Philippines, Cathay’s Black Friday fares will help travellers to set out on the journey of their dreams.

United Becomes First U.S. Airline to Invest in Biofuel Refinery

United Becomes First U.S. Airline to Invest in Biofuel Refinery

18 November 2022 Press Release Airline News

Yesterday, United Airlines Ventures (UAV) announced a strategic investment in NEXT Renewable Fuels (NEXT), which is permitting a flagship biofuel refinery in Port Westward, Oregon, with expected production beginning in 2026. NEXT is a Houston-based company developing the biorefinery which, at full production, could produce up to 50,000 barrels per day of Sustainable Aviation Fuel (SAF), renewable diesel, and other renewable fuels.

Ryanair Becomes First Airline In Europe To Sign Up To Citi’s New Sustainable Deposit Solution

Ryanair Becomes First Airline In Europe To Sign Up To Citi’s New Sustainable Deposit Solution

17 November 2022 Press Release Airline News

Ryanair, Europe’s largest airline, has partnered with Citi to become the first European airline to deposit funds in its new Sustainable Deposit Solution, which launched earlier this year. This will enable Ryanair to invest excess cash to support different sustainable financing projects across Citi’s portfolio, such as renewable energy, water conservation, healthcare and education in emerging markets.

China Airlines Wins Corporate Sustainability Awards for 9th Consecutive Year

China Airlines Wins Corporate Sustainability Awards for 9th Consecutive Year

17 November 2022 Press Release Airline News

The results of the 2022 Taiwan Corporate Sustainability Awards (TCSA) and Global Corporate Sustainability Awards (GCSA) were announced yesterday (11/16). China Airlines maintained its eye-catching performance by garnering four top awards. China Airlines not only won the TCSA Award for the ninth year in a row, but also won top honors in the Sustainability Report category, demonstrating the carrier’s commitment to sustainable development.