article thumbnail

Carbon Offset in Aviation Explained: How ICAO CORSIA Helps Airlines Get Closer to Net Zero

Altexsoft

Aviation is one of the major sources of greenhouse gasses, so airlines must adopt effective strategies to decarbonize their operations. IATA and its members committed to go net zero by 2050, which sounds great, but the problem is that the amount of air traffic is forecasted to be more than 3 times greater by that time.

article thumbnail

Corporate sustainability initiatives may open doors for carbon offset startups

TechCrunch

Commitments to carbon neutrality keep coming from all corners of the business world — over the past few weeks, companies ranging from the fast-casual restaurant chain Sweetgreen to the security-focused networking IT company Palo Alto Networks to the online craft retailer Etsy committed to net-zero carbon emission plans.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Achieving Net Zero aviation will need rapid innovation. Digital engineering can deliver it

Capgemini

Achieving Net Zero aviation will need rapid innovation. Digital engineering can deliver it Capgemini Engineering 16 Feb 2023 Facebook Twitter Linkedin The aviation industry is committed to net zero emissions by 2050. If one company were to create a breakthrough product, there would likely be a rush from airlines to acquire it.

.Net 52
article thumbnail

Daily Crunch: Citizen Lab claims Apple’s ‘Lockdown Mode’ helped block spyware attack by hacker group NSO

TechCrunch

Don’t forget your boarding pass : Alaska Airlines is doing away with check-in kiosks in favor of a more modern look to its gate area. In this detailed breakdown, he compares net revenue retention rates by ARR range and identifies benchmarks for companies that have yet to reach product-market fit. Lorenzo has more.

Spyware 217
article thumbnail

The air taxi market prepares to take flight

TechCrunch

Partnerships with major automakers and airlines are on the rise, and CEOs have promised commercialization as early as 2024. Meanwhile, Joby’s net loss last year was $114.2 The field is now dotted with new or soon-to-be publicly traded companies courtesy of mergers and special purpose acquisition companies.

Marketing 277
article thumbnail

How One Airline Won Customer Loyalty with an API-First Strategy

TIBCO - Connected Intelligence

So how is Air France-KLM working toward accomplishing its goal of becoming the most customer-centric airline group in Europe? . To do this, the airline implemented an API-led strategy that enabled agile change in order to move faster than their competition, and their customer’s expectations.

article thumbnail

IATA Explained: The Role of International Air Transport Association in the Aviation Industry

Altexsoft

IATA or the International Air Transport Association is a global trade association of airlines (both freight and passenger carriers) that regulates the aviation industry by developing standards, procedures, and practices. As of today, its members are 290 airlines in 120 countries comprising around 82 percent of total air traffic.