Sustainability & Climate Initiatives News

Bloomberg • Ishika Mookerjee

Singapore to Introduce World-First Green Levy on Departing Flights

Singapore plans to impose a world-first green levy on flights departing the city-state, adding a new cost to air travel as fares and operating expenses continue to rise. The measure puts environmental policy directly into ticket pricing and airline cost planning.

2026-09-30T16:20:08.093205-07:00

Sustainability & Climate Initiatives

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Contracts signal growing interest in space-based solar power

Two companies pursuing space-based solar power systems have secured agreements to advance their development, signaling continued commercial and institutional interest in generating and transmitting energy from orbit. The contracts could help move the concept from long-term vision toward further technical maturation.

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Open-fan engine targets major efficiency and durability gains for next-generation single-aisle aircraft

The Open Fan engine architecture is being developed to deliver a significant step change in efficiency and durability for the next generation of single-aisle aircraft. Its distinctive design could shape the propulsion systems selected for future narrowbody fleets and influence aircraft development priorities.

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Virgin Atlantic CEO Warns Against Higher SAF Costs Without Clear Environmental Gains

Virgin Atlantic CEO Corneel Koster criticized growing mandates for sustainable aviation fuel, arguing that customers should not be asked to pay more while SAF supply remains constrained and the promised environmental benefits are not being delivered. His comments highlight the tension between policy targets, fuel availability and airline cost pressures.

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