Bloomberg Europe’s biggest airlines are seeking to deflect moves to tighten carbon curbs by favouring a less robust offsetting program, according to climate watchdog InfluenceMap. Carriers are pushing to retain the Carbon Offsetting and Reduction Scheme for International Aviation over the European Union’s more rigorous Emissions Trading System, the think tank-said. While Corsia was developed by the United Nations-mandated International ...

Bloomberg The aircraft that broke down the door to intercontinental flying for the masses has a new mission: lugging as many German tourists as possible on the short-haul hop to Mallorca. Deutsche Lufthansa AG will deploy 364-seat Boeing Co 747-8s on two-hour trips from Frankfurt after looser coronavirus curbs spurred bookings 25-fold since April, it said. The jet will ply ...

Bloomberg South Africa agreed to sell a majority stake in the country’s grounded national carrier to a local jet-leasing company and private-equity firm, ridding the government of an entity that has long been a drain on state finances. A consortium comprised of Johannesburg-based Global Airways, which owns recently launched domestic airline Lift, and private-equity firm Harith General Partners will take ...