Search result for jet
Germany's Top Fashion Designers
The diversity of German endeavors has earned the country a global reputation for innovation and sophistication. The country is home to a number of artistic giants who have made a name for themselves by creating high-end goods that are in demand all over the world. Listed below are some of the mos...
Japan, the United Kingdom, and Italy are developing next-generation fighter jets
Japan, the United Kingdom, and Italy said Friday that they will collaborate to create a next-generation fighter plane, with the possibility of future collaboration with allies including the United States.
The new jet, which is projected to be completed by 2035, will combine the nations&...
Australia's attempt to supply the world with sustainable jet fuel
Australia is getting ready to capitalise on what will be a rising global demand for sustainable aviation fuel (SAF), a biofuel substitute for conventional jet fuel, as the aviation sector vows to reach the 2030 and 2050 emissions objectives.
The national airline of Australia, Qantas, ma...
Asia's jet fuel refining profits have surpassed all previous highs, and are expected to continue to rise
As reduced border limits boost summer travel demand and global airline capacity tops 100 million seats for the first time since early 2020, Asian jet fuel refining profits, which are already at all-time highs, have considerable room for greater gains in the coming weeks.
Despite rising ...
The cash premiums for aviation fuel in Asia have fallen
Cash premiums for jet fuel in Asia fell on Wednesday but remained near to a record high set earlier this month due to limited regional supplies and anticipation of greater aviation demand in the coming months.
Cash premiums for jet fuel, which have nearly quadrupled in the previous mont...
Entain Seeking Metaverse with New Innovation Hub
On Monday, Entain Plc, a gambling firm based in England, announced its plans of developing products for the metaverse that involved an investment worth 100 million pounds or 134 million US dollars in a new innovation center.
Entain owns two betting shops, Ladbrokes and Coral, and two on...
Royal Thai Air Force to Purchase F-35 Jets Worth 18 billion Baht
The Royal Thai Air Force is planning to purchase 8 F-35 jets made in the US for 21.78 billion baht. The aircrafts made by Lockheed Martin are the most advanced in the world.
At present, Thailand’s national defense has 30 years old F-5 and F-16 combat jets. However, with time the m...
UAE Cancels F-35 Deal
The United Arab Emirates has withdrawn from the 23-billion-dollar deal of purchasing 50 F-35 jets from the United States.
This could have a strong relation to UAE’s trading partnership with China.
The United States had previously requested the UAE to stop its constructio...
Global Private Jet Market to Grow at a CAGR of 4.1% during Forecast Year - A Report By Absolute Markets Insights
Global Private Jet Market Growth & Trends
The global outbreak of COVID-19 caused not only a partial collapse of the air transport, but travelling has got even more complicated and many people are yet reluctant to travel. Covid-19 has changed the way for travelling. ...
Russian and Chinese warplanes enter air defence zone of South Korean
Russian and Chinese warplanes which were on a joint exercise briefly entered the air defence identification zone of South Korea on November 19, as told by the military chief in Seoul.
Highlights
- Russian and Chinese warplanes enter South Korea’s a...
South Korea and Indonesia resume talks over fighter jet project
South Korea and Indonesia will be holding their final round of negotiations next week in the Southeast Asian country. This deal is being carried out to address Indonesia’s overdue payments for a joint fighter development project.
Highlights
- South...
US makes it clear that it made no financing offers to Turkey on F-16 jets
The United States has declined Turkish President’s comment saying that Washington had made no such offer to Ankara for the sale of F-16 fighter jets.
Highlights
- United States declines claims of making an offer to Turkey
- Turkey made a ...
China shows off new sophisticated drones and jets in an airshow
Highlights
- China showcased its highly sophisticated drones and jets in an airshow
- These drones can be used for surveillance and strike operations
China showcased its highly sophisticated air power on Tuesday. This new air war machi...
Japanese Defence Ministry seeks a rise in the military budget this year
Highlights
- The Defense Ministry has asked for 2.6% increase in budget this year
- Japan has been spending more on research and development
Japan’s Defence Ministry has asked for more funds in this year’s budget, as they are...
28 FIGHTER JETS FLOWN BY CHINA TOWARDS TAIWAN
Highlights –
- 28 fighter jets flown by China towards Taiwan.
- This is the largest display of force by Beijing towards Taiwan.
- Taiwan's air force deployed its combat air patrol forces in response.
- G-7 nations issued a stat...
JAPAN LIKELY TO INTRODUCE A NEW LONG-RANGE MISSILE
Highlights –
- Japan likely to introduce a new long-range missile.
- The missile will be made available to be fired from vessels and fighter jets.
- Japan intends to enhance its standoff defense capabilities.
- Missiles for ships w...
S. KOREAN AIRLINES TO RAISE FUEL SURCHARGES FROM JUNE
Highlights –
- S. Korean airlines to raise fuel surcharges from June.
- The amount will be raised specifically for international routes.
- One-way tickets on international routes surcharge will range from 3,600 won to 20,400 won.
JAL TO USE ALTERNATIVE ENERGY SOURCES FOR ITS DOMESTIC FLIGHTS
Highlights –
- JAL to use alternative energy sources for its domestic flights.
- JAL under its plan to achieve carbon neutrality in 2050 plans to replace jet fuel.
- The airline company is planning to use hydrogen as fuel to fly small aircr...
S. KOREAN EASTAR JET FOUNDER SUSPECTED OF EMBEZZLEMENT
Highlights –
- S. Korean Eastar jet founder suspected of embezzlement.
- Jeonju prosecution on Friday sought an arrest warrant for the founder.
- The opposition People Power Party and the labor union of Eastar Jet had filed complaints again...
S. KOREA TO SHOWCASE ITS FIRST INDIGENOUS FIGHTER JET IN APRIL
Highlights –
- S. Korea to showcase its first indigenous fighter jet in April.
- The country has been working on the next-generation fighter development project since late 2015.
- KAI is leading the $7.9 billion project.
- The comp...