by AIP Online Bureau | Sep 30, 2023 | Eco/Invest/Demography, Health, International News
Weight is a major concern for airlines because the more a plane weighs, the more fuel it burns. Fuel and labor are the two largest expenses for carriers, with fuel accounting for about 25%. Over the years airlines have used a variety of methods to reduce pounds on...
by AIP Online Bureau | Sep 14, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Non-Life
In June, European consumer rights body BEUC lodged a complaint at the European Commission against 17 airlines, alleging they use terms such as “sustainable,” “responsible” and “green” deceptively “The reason we picked airlines is probably because it’s one of the most...
by AIP Online Bureau | Jul 28, 2023 | Data, Eco/Invest/Demography
As per the data, seven airlines have been shut down in the last five years till July 21, 2023. Two airlines — Heritage Aviation Pvt Ltd and Turbo Megha Airways Pvt Ltd — were shuttered in 2022.Three carriers — Zexus Air Services Pvt Ltd, Deccan...
by AIP Online Bureau | Jul 26, 2023 | International News, Non-Life, Reinsurance
Insurers are, as a result, weighing a potential doubling of the premiums on such policies when airlines typically renew cover in the fourth quarter, the sources said London: Airlines could end up paying twice as much for insurance they need to protect themselves...
by AIP Online Bureau | Jan 8, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance
Civil Aviation Ministry officials said that there were about 400 aircraft in 2013 and in 2021-22, the number increased to 700. Airlines in India are going to add 15 per cent capacity or 100 to 110 aircraft per year and the aviation sector is looking at close to 1,200...
