ICAO

Boeing and U.S. Government Launch Initiative to Advance Sustainable Aviation Fuel among APEC Economies

Retrieved on: 
Friday, November 17, 2023

SAN FRANCISCO, Nov. 16, 2023 /PRNewswire/ -- Boeing and the United States are launching an initiative to catalyze the development and use of Sustainable Aviation Fuel (SAF) among Asia-Pacific Economic Cooperation (APEC) member countries.

Key Points: 
  • SAN FRANCISCO, Nov. 16, 2023 /PRNewswire/ -- Boeing and the United States are launching an initiative to catalyze the development and use of Sustainable Aviation Fuel (SAF) among Asia-Pacific Economic Cooperation (APEC) member countries.
  • Aiming to support APEC economies' efforts to develop SAF supply, the U.S. Department of Transportation and the Federal Aviation Administration (FAA), will partner with Boeing to sponsor this project in APEC's Transportation Working Group.
  • We will foster collaboration and knowledge exchange among APEC economies, all in pursuit of a safe, and more sustainable aviation future."
  • Recent Boeing initiatives to advance SAF include:
    Partnering with the APEC Secretariat to deliver a series of 'sustainable aviation' regional webinars on SAF.

Onfido Launches First Fraud Lab Capable of Creating Synthetic Attacks at Scale as Deepfakes Increase 31X

Retrieved on: 
Wednesday, November 15, 2023

SAN FRANCISCO and LONDON, Nov. 15, 2023 /PRNewswire/ -- Onfido, the global automated identity verification provider, today announced the findings of its 2024 Identity Fraud Report and unveiled its Fraud Lab. The report points to the increasing availability of simple-to-use AI tools as the reason for a 31X increase in deepfakes1 and 5X increase in digitally forged identities, making it easier for criminals to carry out sophisticated attacks. Onfido's Fraud Lab has been launched as a response to these trends. With the ability to mass-produce synthetic attacks, it delivers faster, more accurate AI-powered fraud protection to its customers through its Real Identity Platform, saving them over $3.9B in losses.

Key Points: 
  • The fifth annual Identity Fraud Report highlights the increasing role of AI in perpetrating fraud, as fraudsters turn to online tools and generative AI, such as deepfake apps.
  • This year, 'easy' or less sophisticated fraud also continued to rise, up 7.4% from 2022 and accounting for 80.3% of all attacks.
  • In the space of just six months, Onfido's Fraud Lab has helped improve its fraud detection rates on documents by 5X and on biometrics by 9X.
  • Onfido processes millions of identity verification requests every year, helping over 1,000 clients detect fraud across 2,500 document types from 195 countries.

Onfido Launches First Fraud Lab Capable of Creating Synthetic Attacks at Scale as Deepfakes Increase 31X

Retrieved on: 
Wednesday, November 15, 2023

SAN FRANCISCO and LONDON, Nov. 15, 2023 /PRNewswire/ -- Onfido, the global automated identity verification provider, today announced the findings of its 2024 Identity Fraud Report and unveiled its Fraud Lab. The report points to the increasing availability of simple-to-use AI tools as the reason for a 31X increase in deepfakes1 and 5X increase in digitally forged identities, making it easier for criminals to carry out sophisticated attacks. Onfido's Fraud Lab has been launched as a response to these trends. With the ability to mass-produce synthetic attacks, it delivers faster, more accurate AI-powered fraud protection to its customers through its Real Identity Platform, saving them over $3.9B in losses.

Key Points: 
  • The fifth annual Identity Fraud Report highlights the increasing role of AI in perpetrating fraud, as fraudsters turn to online tools and generative AI, such as deepfake apps.
  • This year, 'easy' or less sophisticated fraud also continued to rise, up 7.4% from 2022 and accounting for 80.3% of all attacks.
  • In the space of just six months, Onfido's Fraud Lab has helped improve its fraud detection rates on documents by 5X and on biometrics by 9X.
  • Onfido processes millions of identity verification requests every year, helping over 1,000 clients detect fraud across 2,500 document types from 195 countries.

Stricter Environmental Regulations and Technological Advancements in Fuel Cell Technology Spearhead a Remarkable 10.8% CAGR in the Aircraft Fuel Cells Market

Retrieved on: 
Friday, November 3, 2023

Additionally, the pressing need for enhanced energy efficiency and range in aircraft operations further fuels the growth of the aircraft fuel cells market.

Key Points: 
  • Additionally, the pressing need for enhanced energy efficiency and range in aircraft operations further fuels the growth of the aircraft fuel cells market.
  • The report underscores the critical role of stringent environmental regulations and the aviation industry's shift towards sustainable practices in augmenting the adoption of aircraft fuel cells.
  • The continued advancements in hydrogen infrastructure and storage technologies further facilitate the integration of hydrogen fuel cells in aircraft, accentuating their market dominance.
  • The comprehensive report provides a detailed analysis of the competitive landscape, market shares, trends, and strategies pertinent to the global aircraft fuel cell market.

Potential for €2.55 billion Sustainable Aviation Fuel (SAF) Industry in Ireland by 2050

Retrieved on: 
Wednesday, October 25, 2023

Ireland has the potential to develop a sustainable aviation fuel (SAF) industry generating revenue of €2.55 billion by 2050 and providing up to 1,000 high-skilled jobs.

Key Points: 
  • Ireland has the potential to develop a sustainable aviation fuel (SAF) industry generating revenue of €2.55 billion by 2050 and providing up to 1,000 high-skilled jobs.
  • The study - Ireland’s Sustainable Aviation Fuel Opportunity - was launched today by the Minister for Enterprise, Trade and Employment, Simon Coveney TD, and looks at the key role SAF will play in helping the aviation industry achieve its net zero goal by 2050.
  • The European Union’s ReFuelEU initiative obligates fuel suppliers to blend SAF into the fuel available at all EU airports, rising from 6% SAF by 2030, to 70% by 2050.
  • To meet EU mandated SAF volumes alone, Ireland will require approximately 10 SAF plants of 80 kilo tonnes production capacity each.

Archer & Abu Dhabi Investment Office Announce Plan to Launch Archer’s All-Electric Air Taxi Service Across the UAE

Retrieved on: 
Monday, October 16, 2023

Archer is seeking to work with its global manufacturing partner Stellantis, as well as local partners in the UAE, to build out its aircraft manufacturing capabilities and its Center of Excellence in Abu Dhabi.

Key Points: 
  • Archer is seeking to work with its global manufacturing partner Stellantis, as well as local partners in the UAE, to build out its aircraft manufacturing capabilities and its Center of Excellence in Abu Dhabi.
  • Archer plans to partner closely with ADIO and the Department of Economic Development to bring manufacturing and operations for our air taxis to the region.
  • Today, Archer signed MOUs with Falcon Aviation who will operate its air taxis across Dubai and Abu Dhabi, as well as GAL-AMMROC who will provide MRO support for Archer’s eVTOL aircraft.
  • Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights.

The Future of Travel Has Arrived: Entrust Emerges as Global Leader in Seamless Travel and Digital Travel Credentials

Retrieved on: 
Thursday, September 28, 2023

Entrust , a global leader in trusted identities, payments, and data, today announced its pioneering role in the evolution of digital travel experiences.

Key Points: 
  • Entrust , a global leader in trusted identities, payments, and data, today announced its pioneering role in the evolution of digital travel experiences.
  • Leveraging its innovative Identity Verification platform, Entrust has derived Digital Travel Credentials (DTC), which are a digital representation of a traveler’s identity.
  • "We are honored to be advancing the realization of this digital transformation in travel and borders,” said Gordon Wilson, Vice President and Global Lead of Seamless Travel at Entrust.
  • Visit our website to discover how the Entrust Identity Verification Solution and the Digital Travel Credential can transform your passenger journey: Entrust Seamless Travel Solutions .

ICE to Launch CORSIA Carbon Credit Futures Market to Manage Emissions Exposure from Airlines

Retrieved on: 
Thursday, September 21, 2023

CORSIA is the first global market-based carbon credit scheme, targeted at reducing emissions from international aviation.

Key Points: 
  • CORSIA is the first global market-based carbon credit scheme, targeted at reducing emissions from international aviation.
  • CORSIA is part of a basket of policy measures taken by the ICAO and allows airline operators to offset an amount of carbon dioxide emissions by retiring carbon credits.
  • Initially, ICE’s futures contract will only support CORSIA eligible carbon credits issued by the American Carbon Registry (ACR), which is currently one of two ICAO-approved carbon credit programs.
  • The CORSIA contract follows the launch in 2022 of ICE’s range of nature-based carbon credit futures contracts.

LoCI Controls Generates Industry-First Voluntary Carbon Credits from Environmental Attribute Pilot Projects

Retrieved on: 
Thursday, September 21, 2023

WAREHAM, Mass., Sept. 21, 2023 /PRNewswire/ -- LoCI Controls, Inc., the leader in real-time data and control technology to increase methane capture and reduce emissions from landfills, today announced the creation of industry-first carbon credits from methane emission reduction projects at two municipal solid waste landfills. Credits issued from these projects can be used in compliance markets, such as ICAO's CORSIA, as well as towards voluntary climate commitments.

Key Points: 
  • Credits issued from these projects can be used in compliance markets, such as ICAO's CORSIA, as well as towards voluntary climate commitments.
  • LoCI worked with two municipal landfills and independent electricity generating facilities to create the recently issued carbon credits.
  • LoCI's second carbon credit pilot project ran at a municipal solid waste landfill in North Carolina.
  • The team at LoCI is excited and ready to build on our recent pilot projects, incentivizing landfills to reduce emissions."

Flexjet Opens Futuristic $50 Million Global Headquarters in Cleveland

Retrieved on: 
Tuesday, September 12, 2023

Cleveland, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Flexjet Inc. , a global leader in private aviation, today opened its new global headquarters at Cuyahoga County Airport (ICAO: KCGF), east of downtown Cleveland.

Key Points: 
  • Cleveland, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Flexjet Inc. , a global leader in private aviation, today opened its new global headquarters at Cuyahoga County Airport (ICAO: KCGF), east of downtown Cleveland.
  • Inside, the company’s Global Operations Control Center features the largest seamless LED screen in the U.S. and is the most technologically advanced.
  • “Flexjet has undergone tremendous growth during the past decade with operations expanding throughout North America, Europe and beyond,” said Flexjet Chairman Kenn Ricci.
  • The screen displays every Flexjet flight around the world in real-time, creating a visually immersive experience.