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2/14, 1:24 PM (Source: TeleTrader)
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Delta investing $1B into reducing emissions

Delta Air Lines Inc. announced on Friday it will invest $1 billion over the next 10 years to reduce emissions produced by its business.

The airline said the funding will be used to improve clean air travel technologies and to cut carbon emissions and waste. In addition, new projects will be established to mitigate the balance of emissions.

"There is no substitute for the power that travel has to connect people, which our world needs today more than ever before. As we connect customers around the globe, it is our responsibility to deliver on our promise to bring people together and ensure the utmost care for our environment," chief executive Ed Bastian said in the press release.

Breaking the News / MD