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...BCG’s total revenues climbed just 5 per cent in 2023 to $12.3bn, the firm’s weakest growth in at least seven years....
...Meanwhile, the EU has committed innovation funding worth hundreds of millions of euros aimed at reducing the price gap between conventional jet fuel and SAF....
...But the new fuels are currently at least three times as expensive as traditional jet fuel, and only produced in very small quantities. Less than 1 per cent of UK jet fuel was made from SAFs last year....
...The SAF present the war as an existential threat to the nation....
...Noaman Al Adhami, head of UK at fuel company Alfanar, is waiting on those details before he can close the financing for a plant to produce more than 130,000 tonnes of SAF a year on Teesside....
...But he cautioned: “My personal assessment is that Sudan cannot be at peace ever as long as Hemeti is a factor.”...
...Currently, SAF is more than twice the price of conventional fossil jet fuel at as much as $1,500 a tonne....
...Beginning in 2028, at least 1 per cent of jet fuel must be SAF, increasing to 10 per cent in 2030....
...“There’s simply not enough SAF,” Virgin Atlantic chief executive Shai Weiss said. “It’s clear that in order to reach production at scale, we need to see significantly more investment.”...
...“The SAF [model] is rehabilitating clubs that were destroyed.”...
...The Dutch government has also tried to impose a cap to lower the number of flights at Schiphol....
...It has pledged £165mn in funding to encourage manufacturers to open at least five plants producing the new fuel and hopes they will be under construction by 2025....
...Reddit users, offered shares at the social network’s initial public offering this year, were less sure. At least they had each other to turn to for advice....
...an airport in Chad, and handed to the RSF at the Sudanese border....
...“Some companies probably thought that shock was going to be permanent,” said Steven Blitz, chief US economist at TS Lombard. “Now they’re getting a painful bounceback from that.”...
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...The company has to show that, at the right moment, it can deploy the excess cash to its advantage....
...Both Airbus and Boeing have pledged that their planes will be compatible to fly on 100 per cent SAF by 2030. Some analysts believe faith in SAF could be misplaced....
...But SAF currently accounts for less than 1 per cent of global aviation consumption and trades for at least twice the price of traditional jet fuel....
...And over the past 21 years, book value per share has compounded at 11 per cent per year at Berkshire, compared with 6 per cent for the S&P. Why has this not translated to outperformance by Berkshire?...
...The Oracle said Greg Abel should have the final decision on investments at the sprawling conglomerate....
...I first set eyes on Sotheby’s honorary chairman of wine, Serena Sutcliffe MW, at a tasting in 2013....
...At General Mills, US yoghurt sales shrank by a third to $919mn between 2015 and 2020. Its Yoplait brand once led the market....
...Aspell, whose son works at an airline, can fly for free on that carrier....
...At the end of 2023, its share of the sports betting market stood at 53.4 per cent. Of course, much can still change....
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