EU Renewable Energy Directive Must Prioritize Sustainable Aviation Fuels

The International Air Transport Association (IATA) welcomed the European Commission’s revision of the Renewable Energy Directive (RED) to incentivize sustainable fuels, and urged policy-makers to go even further in prioritizing their use for air transport. The largest user of renewable fuels, the road transport sector, has increasing options to move towards electrification; however, aviation has … Read more

Wizz Air finalizes financing deals for 10 aircraft

Wizz Air announced today that it had concluded a sale and lease back deal with Bank of Communications and Financial Leasing Co., Ltd (‘BoComm’) as well as have finalizing an earlier announced operating lease deal with BOC Aviation Limited (‘BOC Aviation’) for the financing of a total of ten new aircraft. The airplanes are planned … Read more