The financial performance of U.S. airlines improved from “razor thin margins to paper thin margins” during the first half of the year, as passenger airlines collected 2.1 cents in profit for every dollar of revenue, according to trade organization Airlines for America (A4A). In a quarterly media briefing on August 22, A4A said airlines benefited from a small decrease in fuel prices, their largest cost.
GAMA and NBAA joined the U.S. Department of Agriculture (USDA), Department of Transportation and coalition sponsors of the Commercial Aviation Alternative Fuels Initiative (CAAFI) in signing a joint resolution on Tuesday launching “Farm to Fly 2.0,” an initiative to encourage the development of jet biofuel in the U.S.
The International Air Transport Association (IATA) called for governments to reach a consensus on a global approach to market-based measures (MBMs) to help aviation manage its carbon emissions during this week’s Greener Skies Conference in Hong Kong.
The “high level group” formed by the International Civil Aviation Organization (ICAO) to develop a global agreement on reducing carbon emissions from the air transport industry convened for the first time on December 12. The group aims to draft a plan for adoption at the next ICAO Council, scheduled for September and October 2013.
As the date of the European Union’s (EU) controversial implementation of its aircraft Emissions Trading Scheme (ETS) nears, the International Civil Aviation Organization (ICAO) is moving forward with plans for a global carbon dioxide (CO2) standard for aircraft it hopes to have developed by 2013.
At this year’s Paris Air Show, some big players bellied up to the biojet bar. Boeing flew one of its new 747-8s from the U.S. to the show fueled by a mix of 85-percent jet-A and 15-percent camelina plant oil derivative; Honeywell–the jet-engine and avionics manufacturer–made the trip using a 50-50 mix in a Gulfstream G450.
The European Union (EU) plans to issue a new list of operators who are subject to its emissions trading scheme (ETS) in a bid to dispel the confusion caused by last August’s publication of an initial list that contained inaccurate and baffling information.
NetJets Europe is on track to become completely carbon neutral by October 2012, according to the fractional’s first environmental progress report, issued on November 9.
The Lisbon-based company, which has been busy adapting to reduced demand, has stepped up wide-ranging efforts to improve efficiency and counter its negative environmental effects, and the negative views many have of business jets.
NetJets Europe yesterday released its first environmental progress report, in which it claims to be on track to become completely carbon-neutral by October 2012. The Lisbon-based fractional provider said it has stepped up wide-ranging efforts to improve efficiency and counter its negative environmental effects, as well as the less than positive views many have toward use of business jets.
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