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Transportation Sector

All articles tagged with #transportation sector

finance1 year ago

American Airlines CEO Admits Missteps Amid Leadership Changes and Market Decline

American Airlines (AAL) shares fell by 1.55%, underperforming the broader market. Over the past month, AAL's stock has decreased by 14.43%, lagging behind the Transportation sector's 3.3% loss and the S&P 500's 3.15% gain. Analysts are closely watching the company's upcoming earnings, with projected EPS of $1.28 and revenue of $14.69 billion. AAL currently holds a Zacks Rank of #3 (Hold) and has a Forward P/E ratio of 4.53, indicating a discount compared to its industry average.

via Yahoo Finance|
#american-airlines#earnings#finance
energy-and-environment2 years ago

"White House Allocates $623M for Nationwide EV Charging Network Expansion"

The White House has announced $623m in funding to expand electric vehicle charging infrastructure across 22 states, aiming to add 7,500 chargers and support the transition to zero-carbon transportation. With a goal of 500,000 chargers, the US is taking the lead in global electric vehicle adoption, but challenges remain, including the affordability of EVs and the need for more charging points to meet demand. Additionally, the Environmental Protection Agency has allocated nearly $1bn to replace diesel-powered school buses with electric and lower-emitting vehicles.

via The Guardian US|
#charging-infrastructure#climate-crisis#electric-vehicles
climate-activism2 years ago

"Unconventional Activists Cause Chaos with Runway Glue Protest, Grounding Flights"

Climate activists in Germany disrupted flights at two airports by gluing themselves to runways, causing delays and cancellations. The group, called Last Generation, demanded tougher government action to reduce greenhouse gas emissions and criticized officials for lacking a strategy to tackle the climate crisis. The activists also targeted traffic in Munich. The protesters will face charges of disturbing the peace and dangerous interference with aviation. Last Generation insists its protests are peaceful but disruptive, and motorists have sometimes attacked the activists. German prosecutors previously raided the homes of several group members on suspicion of supporting a criminal organization.

via Fox News|
#airport-disruptions#climate-activism#climate-activists
climate-activism2 years ago

Climate Activists Disrupt German Airports, Forcing Flight Cancellations

Climate activists from the group Last Generation blocked flights at Hamburg Airport and Duesseldorf Airport in Germany, demanding tougher government action to reduce greenhouse gas emissions. The protests resulted in dozens of flight cancellations and diversions. The activists called for immediate measures to cut emissions in the transportation sector, including ending tax exemptions for airline kerosene. German officials criticized the protests, accusing the activists of criminal activity and dividing society.

via The Associated Press|
#climate-activism#climate-activists#flight-cancellations
environment2 years ago

Comparing the EU and US stance on zero-emission cars by 2035.

All new cars sold in the European Union must be zero-emission vehicles starting in 2035, as part of the EU's plan to address climate change. The plan also requires a 55% drop in average emissions of new cars by 2030. The US has similar efforts to phase out gas-powered cars, with several states announcing future bans on gas-powered vehicles beginning in 2035. However, challenges remain, including the high cost of electric cars, China's dominance of the electric battery supply chain, and a lack of charging infrastructure.

via NPR|
#climate-change#electric-vehicles#environment