LanzaTech NZ Ltd., a closely held developer of transport fuels and chemicals from waste gases, plans to start raising $60 million to $80 million from venture capital and strategic investors this year to develop technology.
Michael O’Leary, who built Ryanair Holdings Plc into Europe’s biggest discount airline over two decades, pledged to stay another five years and render its dominance complete as competitors exit short-haul flying.
Virgin Atlantic Airways Ltd. has hired U.K. designer Vivienne Westwood for the first makeover of its scarlet uniforms in a decade, turning to the pioneering figure of punk fashion to spearhead a renewal of the brand.
Aer Lingus Group Plc, Ireland’s national carrier, said it’s working on plans to fly short-haul routes for major European airlines keen to exit unprofitable services while retaining feeder traffic to their hubs.
Aer Lingus Group Plc said it will deploy three Boeing Co. 757s on transatlantic services starting early next year after long-haul operations helped boost first- quarter sales at Ireland’s national carrier.
Virgin Atlantic Airways Ltd.’s new chief executive officer has given himself two years to cut costs and restore Richard Branson’s best-known brand to profitability without damaging its reputation for doing things differently.
Virgin Atlantic Airways Ltd., best- known for long-haul flights to New York and the Caribbean, is poised to roll out a third domestic route in a bid to funnel more passengers from northern Britain to its London hub.
Delta Air Lines Inc. said its new partner Virgin Atlantic Airways Ltd. doesn’t plan to join the SkyTeam group and that their joint venture will remain separate from that between the U.S. company and Air France-KLM Group.