The EU’s “Fit for 55” package of regulatory proposals, which aims to reduce emissions by 55 per cent by 2030 compared with 1990 levels, is expected to have long-term consequences for the aviation sector, according to global consultancy McKinsey.
The legislative package will include an EU-wide tax on polluting aviation fuels and a series of proposals aimed at incentivising the aviation industry's switch to cleaner fuel sources.
However, the International Air Transport Association, the main lobby group for global airlines, said the aviation sector is already committed to decarbonisation and does not need persuading or punitive measures such as taxes to spur change.
"Taxes siphon money from the industry that could support emissions-reducing investments in fleet renewal and clean technologies," said Willie Walsh, director general of Iata.
"To reduce emissions, we need governments to implement a constructive policy framework that most immediately focuses on production incentives for sustainable aviation fuel and delivering the Single European Sky."
The aviation industry contributes about 4.5 per cent of the EU's total emissions. Even before the Covid-19 pandemic brought air travel to a near-standstill, the sector was under scrutiny by environmental activists, policymakers and the flight-shaming movement that began in Sweden.
The EU climate change plan will mean that airlines will lose a tax break on jet fuel, pivot to using more sustainable alternatives and pay a bigger emissions bill even as they continue to burn through cash reserves during the pandemic.
However, the legislative package could lead to "substantive" costs for an industry still reeling from the devastating impact of the Covid-19 pandemic, according to law firm DLA Piper.
"The proposals, which cover aviation fuel, taxation and the Emissions Trading Scheme – to name but a few – will be cautiously welcomed by many as a set of ambitious but necessary tools to combat climate change, but are likely to have substantive financial and administrative effects on an already reeling industry," DLA Piper analysts said in a July 23 report.
While airlines welcomed some of the measures, they noted that air transport must remain affordable.
The Fit for 55 policies should support future industry investment in new aircraft technology and sustainable aviation fuels – two key tools to decarbonise aviation by 2050, according to lobby group Airlines for Europe, better known as A4E.
The Brussels-based group is Europe’s largest airline association, with members including Air France-KLM Group, easyJet, International Airlines Group, Lufthansa Group, Norwegian, Ryanair and TAP Air Portugal.
"We look forward to working with policymakers to ensure airlines can deliver on our commitments while, at the same time, making sure regulators also play their part. In the end we must keep air transport affordable and accessible to all citizens,” said Thomas Reynaert, managing director at A4E.
“We reaffirm our position, however, that climate policy regulation can be ecologically and economically counterproductive. Poorly designed European taxes will not reduce emissions but will make flying more expensive, shift demand globally and reduce traffic locally," he said.
"We need to invest in solutions that offer real reductions in carbon dioxide emissions per aircraft. Increasing costs reduces our capacity to make these investments while carbon dioxide emissions are potentially shifted to other regions."
UAE currency: the story behind the money in your pockets
ELIO
Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett
Directors: Madeline Sharafian, Domee Shi, Adrian Molina
Rating: 4/5
Sri Lanka-India Test series schedule
- 1st Test India won by 304 runs at Galle
- 2nd Test Thursday-Monday at Colombo
- 3rd Test August 12-16 at Pallekele
Sole survivors
- Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
- George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
- Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
- Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
MATCH INFO
Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
MATCH INFO
Who: UAE v USA
What: first T20 international
When: Friday, 2pm
Where: ICC Academy in Dubai
Results
STAGE
1 . Filippo Ganna (Ineos) - 0:13:56
2. Stefan Bissegger (Education-Nippo) - 0:00:14
3. Mikkel Bjerg (UAE Team Emirates) - 0:00:21
4. Tadej Pogacar (UAE Team Emirates) - 0:00:24
5. Luis Leon Sanchez (Astana) - 0:00:30
GENERAL CLASSIFICATION
1. Tadej Pogacar (UAE Team Emirates) - 4:00:05
2. Joao Almeida (QuickStep) - 0:00:05
3. Mattia Cattaneo (QuickStep) - 0:00:18
4. Chris Harper (Jumbo-Visma) - 0:00:33
5. Adam Yates (Ineos) - 0:00:39
Company%20Profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Raha%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Kuwait%2FSaudi%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Tech%20Logistics%3Cbr%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%2414%20million%3Cbr%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Soor%20Capital%2C%20eWTP%20Arabia%20Capital%2C%20Aujan%20Enterprises%2C%20Nox%20Management%2C%20Cedar%20Mundi%20Ventures%3Cbr%3E%3Cstrong%3ENumber%20of%20employees%3A%3C%2Fstrong%3E%20166%3C%2Fp%3E%0A
If you go...
Fly from Dubai or Abu Dhabi to Chiang Mai in Thailand, via Bangkok, before taking a five-hour bus ride across the Laos border to Huay Xai. The land border crossing at Huay Xai is a well-trodden route, meaning entry is swift, though travellers should be aware of visa requirements for both countries.
Flights from Dubai start at Dh4,000 return with Emirates, while Etihad flights from Abu Dhabi start at Dh2,000. Local buses can be booked in Chiang Mai from around Dh50
RESULTS
2.30pm Jaguar I-Pace – Conditions (PA) Dh80,000 (Dirt)
1,600m
Winner Namrood, Antonio Fresu (jockey), Musabah Al Muhairi
(trainer)
3.05pm Land Rover Defender – Maiden (TB) Dh82,500 (D)
1,400m
Winner Shadzadi, Tadhg O’Shea, Bhupat Seemar
3.40pm Jaguar F-Type – Maiden (TB) Dh82,500 (Turf) 1,600m
Winner Tahdeed, Fernando Jara, Nicholas Bachalard
4.15pm New Range Rover – Handicap (TB) Dh87,500 (D) 1,400m
Winner Shanty Star, Richard Mullen, Rashed Bouresly
4.50pm Land Rover – Handicap (TB) Dh95,000 (T) 2,400m
Winner Autumn Pride, Bernardo Pinheiro, Helal Al Alawi
5.25pm Al Tayer Motor – Handicap (TB) Dh95,000 T) 1,000m
Winner Dahawi, Antonio Fresu, Musabah Al Muhairi
6pm Jaguar F-Pace SVR – Handicap (TB) Dh87,500 (D) 1,600m
Winner Scabbard, Sam Hitchcock, Doug Watson
Terminator: Dark Fate
Director: Tim Miller
Starring: Arnold Schwarzenegger, Linda Hamilton, Mackenzie Davis
Rating: 3/5