Airlines

Air India, AirAsia India and Vistara sign MoU with CSIR-IIP

Air India, AirAsia India, and Vistara (Tata SIA Airlines), have signed a Memorandum of Understanding to cooperate on the study, development, and use of sustainable aviation fuels.

The Council of Scientific and Industrial Research-Indian Institute of Petroleum and the airline companies of the Tata group, Air India, AirAsia India, and Vistara (Tata SIA Airlines), have signed a Memorandum of Understanding to cooperate on the study, development, and use of sustainable aviation fuels.

Examining Single Reactor HEFA Technology for Drop-in Liquid Sustainable Aviation and Automotive Fuel is the main goal of the Memorandum of Understanding. The MOU also indicates the intention of the signatories to collaborate in a number of other sustainable aviation-related areas.

With greenhouse gas and carbon emissions becoming a major concern around the world, the impact of continuing to utilize petroleum-derived fuel for aviation is substantial. The International Air Transport Association (IATA) has committed to attaining net-zero carbon emissions from its operations by 2050 in accordance with the goals of the Paris Agreement to keep global warming to 1.5°C.

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Additionally to cutting-edge new propulsion technology and other efficiency upgrades. Sustainable aviation fuel can be combined with conventional jet fuel to cut emissions. It is produced from sustainable resources such used cooking oil, forestry and agricultural waste, and agricultural byproducts. It can be installed without requiring any adjustments to the aircraft because it is a “drop-in” fuel.

Dehradun-based CSIR-Indian Institute of Petroleum is devoted to R&D in the hydrocarbon industry. Its mission is to build capacity and competency in new energy fields like bio, hydrogen, and solar energy as well as competitive and sustainable technologies and products to fulfil the demands of the rapidly expanding energy sector.

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According to the Globe Scan Sustainability Leaders Survey, 2022, the Tata group has been named the top sustainability leader in Asia Pacific and the only Asian business to be listed among the top 15 corporates globally.

Related Topics:air india airasia Vistara

Airlines

German Carrier Lufthansa Plans for 20% Job Cuts in Administration

Lufthansa Airlines is reportedly planning significant job cuts in its administrative workforce. According to Manager Magazin, the German carrier intends to reduce administrative positions by 20% as part of its cost-cutting measures amidst an anticipated decline in earnings.

This reduction could impact approximately 400 jobs, the report revealed. While Lufthansa has not directly commented on the layoffs, the airline confirmed its goal of cutting administrative costs by 20% by 2028.

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The strategy involves leveraging digital technologies, including artificial intelligence and automation. “A hiring freeze is currently in place for administrative roles at Lufthansa Airlines,” said a company spokesperson.

The staff reduction is expected to occur through natural attrition and age-related turnover, rather than forced layoffs. The internal projection cited by the magazine warns that Lufthansa could face an operating loss of €800 million ($843.92 million) by 2026 if no corrective measures are taken.

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The report highlights the challenges companies face in aligning workforce requirements with current and future demands. Failure to adapt could necessitate drastic actions, such as restructuring and layoffs, which carry significant repercussions for both the organization and its employees.

As Lufthansa navigates these challenges, the airline appears committed to balancing cost efficiency with digital transformation to maintain its competitiveness in a rapidly evolving industry.