The general assembly of the International Civil Aviation Organization (ICAO) this week will debate proposals for a global market-based mechanism (MBM) to control the increase in carbon-dioxide emissions from air transport. As an interim measure aimed at reaching consensus, negotiators for the 28-state European Union (EU) have offered to alter its existing emissions trading scheme (ETS) so that it would apply only to flying activity within EU airspace and not to all stages of intercontinental flights.
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.
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.
Gulfstream Aerospace senior flight operations technical specialist Leo McStravick testified at a House aviation subcommittee meeting yesterday to express the business aviation community’s opposition to the European Union Emissions Trading Scheme (EU-ETS). In addition to imposing a costly administrative burden on businesses flying from the U.S. to European destinations, McStravick noted that EU-ETS is discriminatory because businesses that use general aviation are not eligible for carbon offsets, as they are not defined as “commercial.”
Global carbon dioxide (CO2) emissions by the aviation industry will increase three-fold by 2050 in spite of an industry goal to cut them in half, according to a new World Economic Forum report that identifies biofuels as one of the most promising ways to reduce aviation’s carbon footprint.
There is no silver bullet for reducing the effect of business aviation on the environment, most industry analysts agree, but the combination of new technology–such as engines and airframe components–improved ATC techniques and biofuels promises to dramatically reduce business aviation's carbon footprint.
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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