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THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Entrepreneurship

IndiGo CEO claims aircraft shortfall hindering development goals.

1 min read

IndiGo airline operator Interglobe Aviation Ltd.’s (INGL.NS) plans to ride a tourism boom in India and abroad are hampered by a scarcity of planes, CEO Pieter Elbers said Monday. Elbers told Reuters that the aircraft supply shortfall limited his ability to serve clients. Air travel has rebounded in India after the epidemic. However, Boeing and...  Read more

Airline emissions may prompt worldwide caps by 2024.

3 min read

A prominent airline trade association expects worldwide emissions-related restrictions to start next year as flight traffic rises. Next year, the UN-led Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) will curb international flight emissions at 85% of 2019 levels. Aviation contributes 3% of global emissions, making it crucial to fighting climate change. “Flight shaming”...  Read more

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