The demise of the Keystone XL pipeline heralds the beginning of the end for the oil age in the US and Canada. This is a necessary evolution, but it raises many challenges. Workers displaced by the shift away from oil will need new jobs, and energy industry clusters like Houston and Alberta will need new activities to sustain their economies. ...

Bloomberg Deutsche Lufthansa AG’s bid to tap a revival in tourism once coronavirus lockdowns ease has put the German giant on a collision course with its former leisure arm, Condor. Lufthansa is using surplus long-haul jets to target sunspots such as Mauritius, the Dominican Republic and Namibia that are expected to recover before the airline’s bedrock corporate markets. As a ...

Bloomberg London’s Heathrow airport may be allowed to raise airline fees on a limited basis after Britain’s aviation regulator dismissed the hub’s pitch for a more substantial hike during the coronavirus pandemic. The Civil Aviation Authority (CAA) said it plans to reject Heathrow’s proposal, which the airport reckons would lift fares by 1.20 pounds ($1.44) per passenger, as disproportionate and ...