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Articles tagged with: spending

Virgin Airlines Drops $1.4B On Fuel-Efficient Engines

Modern day aircrafts currently run on fossil fuels that both pollute the environment, and are a limited natural resource (AKA, it cannot be recreated or made). Thankfully, Virgin Airlines is stepping up to the plate by spending $1.4 billion on ultra fuel-efficient engines.

Rather than adopting biofuel technology, which is still at an infant age, Virgin Airlines is instead investing in ultra fuel-efficient aircraft. The engines are designed by CFM International and are touted to save $1.6 million in fuel costs each year, per plane.

UK Survey Gets The Scoop On iPhone Users

According to the Inquirer, an intrusive UK survey published by Yougov offered some interesting insights on iPhone users. The survey examined 2,000 UK citizens, and discovered that 66% of respondents admitted to owning a mobile phone, with a third of the sample admitted to owning a smartphone. The survey was funded by the banking software firm, IE.

Upon examining personal information, the firm found that iPhone users were “most likely to spend themselves into the red side of their bank account, while Blackberry users were least likely to buy applications.” This finding is interesting because it offers possible insights into the psychology…