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DHL, Sasol agree to produce sustainable aviation fuel in Germany

BLOOMBERG DHL Group, Sasol Ltd and HH2E AG agreed to collaborate on producing sustainable, hydrogen-based aviation fuels in Germany to help reduce carbon emissions, with Airbus SE intending to join the project at a later date. The partners signed an agreement to create green hydrogen production capacity by 2030 involving “investments in the billions,” according to a statement published on ...

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Frontier extends record rout as analyst downgrades pile up

BLOOMBERG Wall Street analysts are souring on Frontier Group Holdings Inc as a stark decline in traveller demand and elevated fuel costs worsen the airline’s earnings outlook. The budget-friendly airline wrapped up nine consecutive weeks of declines, marking the longest losing streak in the company’s history. The previous record for underperformance had been five consecutive weeks in December 2022. The ...

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Lufthansa says green fuel would eat up half German electricity

BLOOMBERG Germany’s biggest airline would consume half of the country’s entire electricity production to switch its fleet to green fuels like e-kerosene, according to Deutsche Lufthansa AG, underscoring the challenge in reducing emissions from air transport. While synthetic fuels manufactured using renewable energy provided the best future path to decarbonise aviation, there is unlikely to be sufficient green electricity in ...

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