Lufthansa, Europe’s largest airline group, is adding an environmental surcharge of up to $77 per flight starting in 2025 to help cover the rising costs of sustainable aviation fuel and meet new regulatory requirements. This fee will apply to flights from the EU, UK, Norway, and Switzerland, reflecting the airline’s
According to the recent McKinsey Study, Nearly Half Of US EV Drivers Consider Switching Back To Gas Vehicles: McKinsey Study You can read the original article here. A recent survey by McKinsey & Co. highlights growing dissatisfaction among electric vehicle (EV) owners, with 46% of US respondents and 29% globally
Marathon Digital Holdings launched a project on May 31, 2024, to recycle heat from its 2-megawatt data center in Satakunta, Finland, heating a town of 11,000 residents. Leading Bitcoin miner Marathon Digital Holdings, Inc. (NASDAQ: MARA) today unveiled a creative pilot project to recycle heat produced by Bitcoin mining and
On Wednesday, India approved a $9.1 billion greenfield port in Vadhavan, Maharashtra, potentially revolutionizing global trade routes from Mumbai to St. Petersburg with a state-of-the-art facility. India has announced the approval of an ambitious $9 billion mega port linking India with Russia via Mumbai and St. Petersburg. This colossal new
Joe Biden-backed EV startup Fisker filed for bankruptcy late Monday, planning asset sale amid manufacturing halt. Henrik Fisker, former Aston Martin and BMW designer, founded the company, which has filed for bankruptcy twice. Fisker, an electric vehicle startup, filed for bankruptcy late on Monday, announcing plans to sell its assets
Dell, SMC, and Nvidia are collaborating on Elon Musk’s Grok supercomputer project in Memphis, set to be the world’s largest. The venture aims to power the chatbot Grok, with potential implications for AI development. The multibillion-dollar “Gigafactory of Compute” by xAI is being built in Memphis, Tennessee, and is expected
Mercedes-Benz’s 30-year journey in India began with the 1994 W124 launch with Tata Group, highlighting its strategic patience and deep commitment to the Indian luxury car market. Patience is considered a virtue. And in India, it has undoubtedly been the case for German premium carmaker Mercedes Benz. Having arrived in
A whistleblower complaint by Sam Mohawk revealed on June 2023, alleges that Boeing concealed defective parts from the FAA, installed some in new 737 planes, and lost track of others. According to a whistleblower complaint, Boeing concealed defective plane parts from federal regulators and later lost track of them, some
In Australia, planes are navigating alone due to a severe shortage of air traffic controllers. At Darwin Airport, flights like those from Virgin Australia and Qantas Airways Ltd. operate without midnight control services. Pilots in Australia are becoming increasingly concerned about a potential mid-air accident as a result of empty
