The Port Authority | October 30, 2020
The Port Authority of New York and New Jersey will start handing out US$50 fines to people using their facilities who don’t wear face masks. The Port Authority runs three big airports, JFK, Newark Liberty, and LaGuardia Airports. However, the new rule covers all Port Authority facilities, including trains stations, bus terminals, in addition to airport terminals.
UP.Partners | October 19, 2021
Alaska Airlines announced the formation of a new LLC, Alaska Star Ventures, to advance emerging technology that will accelerate the airline's progress toward net zero carbon emissions.
"To live our purpose and create an airline people love, we must operate every day in a way that cares for both people and the environment, To do that, we are seeking technologies that will accelerate our mission to build a more sustainable future for the aviation industry."
- Alaska Airlines CEO Ben Minicucci.
For the inaugural investment by Alaska Star Ventures, the company partnered with UP.Partners, an early-stage investor in sustainable, multi-dimensional mobility technologies that are transforming the moving world.
"The future of aviation is a collaborative effort between founders, funders, builders and key stakeholders - like Alaska Airlines, With transportation as the underlying fabric of society, selective and values-driven investments that move the industry toward sustainable aviation are key. We're proud to partner with such a mission-aligned group that is launching today: Alaska Star Ventures."
- Cyrus Sigari, UP.Partners' co-founder and managing partner.
"We're proud of our ambitious targets and our legacy of being pioneers, but we also know we can't fundamentally decarbonize and achieve net zero carbon emissions alone, That's why we're focused on discovering, partnering with, and enabling technologies that will allow us to take real and meaningful steps on our five-part path to net zero now and in the years ahead. We're thrilled to partner with UP.Partners on our first project and are fortunate to have aviation veteran Pasha Saleh leading corporate development to successfully launch and grow this initiative."
- Diana Birkett Rakow, Alaska Airlines' vice president of public affairs and sustainability.
Alaska announced in April its commitment to reach net zero carbon emissions by 2040 with a five-part strategy to decarbonize. Alaska's deployment of Flyways, artificial intelligence and machine learning software that supports our dispatchers' route optimization efforts, inspired the pursuit of additional technologies to accelerate our path to net zero and enable efforts of Alaska employees across our system.
The company's commitments to reduce its impact on carbon, waste and water build on a track record of progress in environmental sustainability including industry-leading onboard recycling, eliminating plastic straws and stir sticks, enabling touchless and paper-less guest experiences through technology, advancing the use of sustainable aviation fuels, and partnering with the Boeing ecoDemonstrator program to evaluate and test sustainability-focused technology.
About Alaska Airlines
Alaska Airlines and its regional partners serve more than 120 destinations across the United States and to Mexico, Canada and Costa Rica. The airline emphasizes Next-Level Care for its guests, along with providing low fares, award-winning customer service and sustainability efforts. Alaska is a member of oneworld. With the global alliance and the airline's additional partners, guests can travel to more than 1,000 destinations on more than 20 airlines while earning and redeeming miles on flights to locations around the world.
Transportation is the underlying fabric of society. UP.Partners invests in the key enabling technologies that help move people and cleaner, faster, safer, and cheaper – in a multi-dimensional world. We partner with some of the world's most innovative investors and companies – including Alaska Airlines, Ark Invest, Boeing, Honeywell, Sixt and Toyota subsidiary Woven Capital – and via the UP.Summit convene the mobility community's brightest minds each year to make these dreams a reality. Together we are transforming the moving world.
Boeing | September 07, 2020
The Federal Aviation Administration is reviewing quality-control lapses at Boeing that could stretch back almost a decade, The Wall Street Journal reported Monday, citing an internal government memo and people familiar with the matter. The review piles onto the numerous regulatory issues Boeing has faced in the wake of two crashes involving its 737 Max planes that killed all 346 people onboard the two flights. Since then, Boeing has faced renewed scrutiny over its safety standards and manufacturing protocols as well as a deluge of questions from both regulators and lawmakers. Its 737 Max planes remain grounded.