Airlines need to reach long-term agreements to buy bigger quantities of sustainable aviation fuel if they want to boost global volumes of the lower-emission fuel required for industry climate targets, a Bayer executive said on Tuesday.
Major airlines said Monday they oppose a new effort to advance legislation that would reduce fees charged by Visa and Mastercard on transactions, saying the bill could force them to stop offering rewards credit cards that give consumers frequent flyer miles for making transactions.
The global airline industry is expected to generate in profit this year than previously thought, the International Air Transport Association said Monday.
United Airlines CEO Scott Kirby criticized the budget airline model in a recent interview. Speaking at The Wall Street Journal's "Future of Everything" event, Kirby said the model was "dead.
In the New York area, United Airlines has turned a crisis into a benefit at Newark and, taking advantage of American's misfortune, has aligned with JetBlue at Kennedy.
Scott Kirby also said “Newark is safe” in the wake of outages and cancellations that have snarled air travel for the past several weeks, while speaking at WSJ's Future of Everything festival.
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