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There’s no way to slash airline emissions without greener fuel

BLOOMBERG In the run-up to the (almost but not quite) four-day weekend over July 4, US air travel set a new record. The Transportation Security Administration said it screened nearly 2.9 million fliers on June 30, the highest daily count  in the agency’s history. Flying in the US has rebounded from its Covid-19 lows. And if global expectations hold true, ...

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EasyJet cancels 1,700 flights over air traffic control chaos

BLOOMBERG EasyJet Plc cancelled almost 2,000 flights this summer from its London Gatwick hub citing air traffic control disruptions, an indicator that airlines are preemptively scrapping flights to limit travel chaos. Europe’s second largest budget carrier scrapped 1,700 flights that were due to operate in July, August and September, which will affect around 180,000 passengers. That amounts to less than ...

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China tech stocks jump after end of crackdown

BLOOMBERG Chinese tech stocks listed in Hong Kong rallied after authorities signalled an end to a years-long crackdown on the sector by imposing fines on Ant Group Co and Tencent Holdings Ltd. The Hang Seng Tech Index closed 1.1% higher, the biggest gain in a week. Alibaba Group Holding Ltd, parent of fintech giant Ant Group, led the advance, surging ...

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