Bloomberg Boeing Co. and JetBlue Airways Corp. are investing in a startup developing an electric-powered aircraft with the potential to transform short-haul flights. Zunum Aero is designing and building 10- to 50-seat planes for trips of 700 miles initially and as much as 1,000 miles by 2030. The aircraft would fill a “vast regional transport gap” and reduce travel ...

  Bloomberg Deutsche Lufthansa is banking on Airbus Group SE’s latest A350 wide-body jet to shore up its Munich hub, where the deployment of less efficient planes means normally lucrative long-haul flights are losing money. The first 15 of 25 A350s ordered by Lufthansa are to be based in the Bavarian city, with the composite-fuselage, twin-engine model providing a 25 ...

  CHIBA / Reuters Japanese buyers of liquefied natural gas have shown cautious interest in Tellurian Inc’s bold guarantee of US LNG delivered at a fixed price from 2023, wary of locking themselves into a price that may eventually work to their disadvantage. Tellurian Chairman Charif Souki – who pioneered the first US LNG exports ex-Alaska as head of Cheniere ...