Bloomberg A new Hong Kong-based airline with ties to Beijing is considering ordering up to 30 narrow-body jets from either Boeing Co or Airbus SE as it tries to establish itself in a market dominated by Cathay Pacific Airways Ltd. Greater Bay Airlines, which is awaiting final approval to operate commercial passenger flights out of Hong Kong, is assessing ...

  Bloomberg The airline industry needs aggressive action if it is to meet its emissions reduction targets by 2050, according to a trade group that represents some of the world’s top airline leasing companies. Aircraft Leasing Ireland supports the pledge made by the airline industry to achieve net zero carbon emissions by 2050, as approved by the International Air Transport ...

Bloomberg The jet fuel market is soaring in Europe as global air traffic withstands the impact of the Omicron virus strain. One of the fuel’s most important market metrics, its differential to diesel, on Friday surged to its highest since September 2019 — long before Covid-19 decimated the continent’s aviation industry. “We’re tight supply everywhere,” said Mark Williams, an oil ...