Spirit Airlines' exit signals a potential end to the dominance of low-cost carriers in the U.S. Rising fuel costs, increased demand for premium services, and the scale of major airlines are pushing prices up, making travel less accessible for budget-conscious consumers.
The US has reportedly delayed adding Chinese AI startup DeepSeek to a trade blacklist, despite approval last year. DeepSeek's low-cost AI model and alleged support for military operations raised concerns among US officials and AI companies.
A Chinese university team has developed a low-cost microwave-absorbing composite using expanded graphite and titanium dioxide, potentially enabling mass production and wider applications beyond military use.
Billionaire Bill Ackman defended Elon Musk after Senator Bernie Sanders criticized Musk's trillionaire status, calling it a "call to action" against wealth inequality. Ackman argued Musk's companies create societal value, citing SpaceX's Starlink internet and the creation of new millionaires.
Ethereum could implement post-quantum account protection for as little as $0.07 per account, without a hard fork, by adapting the SPHINCS+ standard. This addresses quantum computing threats to current cryptography, with Bitcoin also facing similar risks.
JAXA's H3 rocket successfully launched its "30 configuration," the lowest-cost variant using only liquid fuel engines. This completes the H3 family with three configurations of varying capabilities and costs, fulfilling a decade-long development goal. The 30 configuration offers cost savings by omitting solid rocket boosters, making it suitable for smaller satellites and enhancing JAXA's market competitiveness.
Japan's H3 rocket successfully launched Friday with a new low-cost variant, marking a crucial return to flight after two previous mission failures. The launch carried six small satellites, aiming to boost Japan's competitiveness in the global space industry.
Ryanair is under investigation by the UK's Competition and Markets Authority (CMA) over its mandatory fee for parents to sit with their children. The CMA will assess if this fee, typically £8 per flight, constitutes an unfair contract term under consumer law, as other airlines do not charge for this.
US-China geopolitical tensions may extend to biotechnology as Chinese firms secure record $60B in cross-border deals in Q1 2026, dominating global biotech deal-making. US policymakers express concern over capital fueling China's industry growth.
Russia's 'Yolka' handheld anti-drone system, a low-cost interceptor using kinetic impact, seen in combat use, targeting enemy drones with autonomous AI-guided flight up to 4km range.
Researchers have developed "EcoDecibel," a low-cost, portable noise sensor that can be widely deployed to monitor urban noise pollution. AI analyzes the data to create real-time noise maps, similar to air quality monitoring, helping to quantify and manage environmental sound.
Stellantis plans to launch a new range of affordable, compact electric cars, dubbed 'E-Cars', in Europe by 2028, aiming to revitalize the entry-level EV market with a target price of around €15,000. Production will begin in Italy, with the initiative expected to boost local manufacturing and EV adoption.
La start-up néerlandaise GoVolta lance une liaison ferroviaire low-cost entre Paris et Amsterdam fin 2026. Les billets coûteront entre 20 et 50 euros, mais les trajets seront plus longs (6h) et les services optionnels.
Ryanair reported a record after-tax profit of €2.26 billion for the year to March 2026, up 40%, while cautioning about oil price volatility and Middle East tensions. Passenger numbers rose 4% to 208.4 million, and revenue grew 11% to €15.54 billion. CEO Michael O'Leary highlighted fuel hedging as a key advantage.
Tech entrepreneur Bryan Johnson has revealed 41 accessible health hacks for longevity, distilled from years of research and millions spent on anti-aging. The advice focuses on simple, low-cost habits like consistent sleep, regular exercise, whole foods, and avoiding risky behaviors.
Hong Kong International Airport's Terminal 2 will reopen on May 27 as part of expansion plans. Fifteen airlines, primarily regional and low-cost carriers like HK Express and AirAsia, will move their check-in operations from Terminal 1 to Terminal 2 in phases until June 10.
The Pentagon plans to acquire over 10,000 low-cost cruise missiles and up to 12,000 hypersonic weapons from emerging defense firms to rebuild US stockpiles depleted by recent conflicts, favoring speed and innovation over traditional contractors.
Allegiant Air has finalized its $1.5 billion acquisition of Sun Country Airlines. The merger combines the two low-cost carriers to expand their network and revenue streams, including cargo and charter services, following the recent collapse of Spirit Airlines.
The Pentagon intends to rapidly procure 10,000 low-cost cruise missiles within three years to replenish depleted stockpiles and diversify its arsenal, with contracts awarded to four defense companies.
Chinese researchers say they have developed a crocodile-inspired ceramic body armour that can deflect projectiles and potentially offer a low-cost alternative for lightweight ballistic protection. The team – led by associate research fellow Zhaoxiu Jiang at Ningbo University – based their design on the asymmetric, overlapping scales of crocodile skin, which provide a protective barrier against predators and other crocs. Their research findings were published on March 25 in the peer-reviewed...
With Trump wavering on Nato and war in Ukraine, Europe is scrambling to spend billions on weapons such as dronesIn a small workshop in England’s East Midlands, engineers at the British startup Skycutter are designing weapons for Ukraine. A row of 3D printers make the fuselage for interceptor drones, while parts such as motors and navigation chips are slotted together by hand. The same process happens hundreds of thousands of times a month in partner Ukrainian factories.The swarms of cheap, deadly and often autonomous drones deployed in that war have already changed combat completely. Troops far behind the frontline must move constantly to avoid attack from the air, travelling along netted tunnels and landscapes crisscrossed by fibre optic cables used to steer drones past radio jamming. Cities are terrorised by guided missiles that are cheaper and therefore more widely used than those that came before. Continue reading...
SEOUL, May 10 (Yonhap) -- South Korean low-cost carriers have cut 900 round-trip...
Promises to cut emissions and use more fuel-efficient planes fail to stop rise, with Ryanair’s carbon footprint 50% up on 2019Emissions from flying in Europe have now passed pre-pandemic levels, with Ryanair’s carbon footprint 50% higher than in 2019, research has shown.Total aviation emissions continue to increase despite industry pledges to decarbonise and the introduction of more fuel-efficient planes, driven by the massive expansion of low-cost carriers. Continue reading...
AirAsia X co-founder Tony Fernandes said he is preparing to launch a new airline, betting that expanding while the aviation industry’s being roiled by high oil prices will pay off in the future. The new airline will be announced in the next month or two, Fernandes said in a video interview from Montreal late on Wednesday. The low-cost Southeast Asian carrier group is moving some planes for the business it is starting, he said, without providing further details. The expansion would come on the...
