Jet Aviation expanded its management support service offerings to help aircraft owners and operators comply with the upcoming April 30 deadline for emissions allowances under the European Union Emissions Trading Scheme. All operators that are required to surrender emission allowances must open a union registry account in their appointed member state and submit the allowances by the deadline or face penalties. Jet Aviation is providing union registry account opening and administration services to help operators comply with the regulations and avoid non-compliance fines.
Certified Emission Reduction
The outlines of aviation’s place in the EU Emission Trading Scheme– a CO2 emission permit market–are becoming clearer. Experience from other industries gives trading experts confidence that aviation’s absorption will be smooth but expensive.