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Alaska Airlines launches investment arm to support goal of net-zero carbon emissions by 2040

GeekWire

Alaska Airlines on Monday announced the launch of Alaska Star Ventures to invest in new aviation technologies as part of the airline’s goal to reach net zero carbon emissions by 2040. Our filter is how do we get our operation to net zero and what are technologies that can help us along that path,” said Rakow.

Airlines 137
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Gogo sells commercial in-flight internet business to bankrupt satellite provider

The Verge

Gogo, the in-flight internet provider, has found a buyer for its commercial airline business. The bankruptcy was seen as a means for Intelsat to begin paying down its nearly $15 billion debt load while positioning itself to participate in a Federal Communications Commission spectrum clearing program , the company has said.

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Amazon, Microsoft, Breakthrough Energy share climate news as ‘Climate Week’ kicks off

GeekWire

Amazon today announced that an additional 86 companies have joined its Climate Pledge, a nonbinding agreement to become net-zero carbon by 2040, which is a decade ahead of the target set by the Paris Agreement. The program is pursuing public-private partnerships to develop technology to cut carbon emissions.

Energy 141
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Year in Aerospace: The comeback begins for Boeing and for American spaceflight

GeekWire

An American Airlines 737 MAX 8 jet takes off on a test flight from Dallas-Fort Worth to Tulsa, Okla., American Airlines Photo). Boeing had to revamp the system and rework pilot training routines in cooperation with airlines. Among those on board was Robert Isom, president of American Airlines Group.

Airlines 120
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Health benefits tech company Accolade sees revenue rise 24% to $36.8M, but stock dips

GeekWire

It beat revenue estimates and just missed on net loss expectations. ” Accolade, with headquarters in Seattle and Philadelphia, has customers including Comcast Cable, American Airlines, Lowe’s, and State Farm. .” The company, which went public in July, reported revenue of $36.8 billion in July.

Company 63
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I want to fly to Hawaii, but I don’t want to wreck the planet. With carbon offsets, can I do both?

GeekWire

But carbon offsets and removal are in ever greater demand, and folks are working to develop legitimate programs and technology in the space. But an overall greening of the airline industry is long, long ways off. As a CEO, you write a check and something happens somewhere and you get to claim that you’re net zero.

Energy 120
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COP26 updates: Bill Gates’ Breakthrough Energy, Gates Foundation and Amazon tout climate efforts

GeekWire

Gates’ Breakthrough Energy runs multiple programs, including an investment initiative called Breakthrough Energy Ventures that has raised more than $2 billion and made investments in 80 companies across 11 countries. ” The program’s public partners include the United Kingdom and U.S. Catalyst has secured $1.5

Energy 97