The Trump administration says Mexico's government is restricting competition at Mexico City airport, as the carriers coordinate schedules and pricing. ...

All right, let's get right out to Phil Labau. He joins us right now with United Airlines CEO Scott Kirby. Phil, good morning. Good morning, Becky.Scott, let's bring you in from your facility in Newark, an important hub for you guys, and you've spent a lot of time there improving your performance since the flights were cut back uh back in April or actually in May is where the flight cuts went in effect. And since then, you've had a dramatic improvement in performance. and give us a sense of what you expect a ...

Michael Derrer Fuchs/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Delta (DAL), Aeromexico ordered to unwind joint venture by start of 2026. (00:25) Trump's pick Stephen Miran confirmed as Fed governor. (01:49) Webtoon (WBTN) soars as Disney (DIS) picks minority stake, unveils new comics platform. (02:58) This is an abridged transcript. Delta Air Lines (NYSE:DAL) and Aeromexico (AERO) must end their joint venture by January 1, 2026. The Department of Transp ...

Michael Derrer Fuchs/iStock Editorial via Getty Images Listen below or on the go on Apple Podcasts and Spotify Delta (DAL), Aeromexico ordered to unwind joint venture by start of 2026. (00:25) Trump's pick Stephen Miran confirmed as Fed governor. (01:49) Webtoon (WBTN) soars as Disney (DIS) picks minority stake, unveils new comics platform. (02:58) This is an abridged transcript. Delta Air Lines (NYSE:DAL) and Aeromexico (AERO) must end their joint venture by January 1, 2026. The Department of Transp ...

Core Insights - The investigation reveals that Diamond Green Diesel, a significant player in the U.S. sustainable fuels market, is sourcing animal fat from cattle raised on illegally cleared lands in the Amazon rainforest, raising concerns about the environmental impact of its supply chain [7][5][3]. Company Overview - Diamond Green Diesel is a joint venture between Darling Ingredients and Valero Energy, with substantial investments in a Texas refinery that converts cattle fat into a cleaner alternative to petroleum-based fuels [6][5]. - The company has received over $3 billion in U.S. tax credits for biofuel production since 2022, indicating its financial backing and growth potential in the sustainable fuels market [5]. Supply Chain Concerns - Reports indicate that at least two Brazilian factories supplying Diamond Green Diesel have sourced cattle fat from slaughterhouses linked to illegally deforested ranches in the Amazon [5][11]. - The tallow trade from these ranches to Diamond Green Diesel has been tracked through various investigative methods, including interviews and government data [8][9]. Market Dynamics - The global market for sustainable jet fuel is projected to be approximately $2.9 billion by 2025, significantly smaller than the $239 billion market for conventional aviation fuel, but expected to grow due to government incentives [3]. - Airlines like JetBlue and Southwest Airlines are under pressure to purchase more green jet fuel to meet net-zero emissions targets by 2050, which may drive demand for tallow as a biofuel [19]. Regulatory and Certification Issues - The International Sustainability and Carbon Certification (ISCC) has certified Diamond's imports from Brazil as sustainable, but it did not investigate the supply chain, considering tallow a byproduct of the beef industry [20]. - Experts have raised concerns that the current sustainability standards may overlook the deforestation linked to the tallow supply chain, as the program assumes that demand for tallow will not incentivize ranchers to clear more land [21].

Vietnamese airline VietJet is set to take delivery of its first Boeing 737 MAX aircraft more than nine years after placing an order, company and state documents show, as Hanoi continues talks with the... ...

Troubled Indian budget carrier SpiceJet said on Tuesday it will lease eight additional Boeing 737 aircraft to bolster its fleet ahead of the festive and winter season. ...

Garuda Indonesia’s parent appoints a new finance director to the airline, sources say, as the state-owned carrier attempts to improve its balance sheet and expand its international network https://t.co/7elHhGmhAf ...

Core Viewpoint - The article indicates that a breaking news story is forthcoming, suggesting significant developments in the industry or company that will be covered in detail soon [1] Group 1 - The news is categorized as breaking, implying urgency and potential impact on market dynamics [1]

Market Overview - Asian stock markets are experiencing a significant rally, with Japan's Nikkei 225 reaching a record high of 44,888 points, gaining over 1% due to strong technology sector performance and positive cues from Wall Street [2][9] - The Thailand SET Index climbed 0.7%, marking its highest level since February, as Asian shares broadly tracked Wall Street's record-setting run [3][9] Currency Movements - The U.S. Dollar Index (DXY) fell to 97.226, its lowest since July 24, reflecting strong market expectations for a Federal Reserve rate cut [4][9] - The Indian Rupee appreciated against the U.S. dollar, opening at 88.07 compared to a previous close of 88.21, supported by the overall weakness in the U.S. dollar index [5][9] Geopolitical Developments - Tensions in the South China Sea escalated as the China Coast Guard reported the Philippines sent over 10 ships to the disputed Scarborough Shoal, leading to accusations of provocation from both sides [6][7][9] Corporate Developments - JP Morgan adjusted price targets for several European companies, lowering Jet2 PLC's target to 1850p from 2200p, while raising Safran's target to EUR 320 from EUR 270 and Sandoz Group AG's target to CHF 55 from CHF 46 [8][9] - Chinese automakers are intensifying efforts for self-sufficiency in automotive chips, aiming for 100% domestic integration by 2027, with some brands targeting mass production as early as 2026 [11][9] - Polysilicon giant GCL in China is working to secure capital for a significant supply-side restructuring to address overcapacity and stabilize prices [9][10]