Europe’s airlines have committed to achieving net-zero CO2 emissions by 2050. Under their flagship sustainability initiative, Destination 2050, airlines have set out a roadmap to achieving this goal. However, such a radical change will not come cheap, and some CEOs believe it’s the governments that should be footing at least part of the bill.
Keeping the playing field level
At today’s Airlines4Europe (A4E) Aviation Summit, European airline CEOs came together to press home some of the most important challenges facing the industry in the current environment. While touching on the reopening of borders, health passports, the Single European Sky and more, the chiefs were clearly aligned on one key issue – sustainability.
Within Europe, A4E members have signed up to the ambitious goal of delivering net zero CO2 emissions from aviation by the year 2050. Destination 2050 – A Route To Net Zero European Emissions has been supported by a report conducted by the Royal Netherlands Aerospace Centre and SEO Amsterdam Economics, which defined a roadmap to achieving this goal.
According to the roadmap, the bulk of the necessary savings will be achieved through improvements in engine technologies and new aircraft, as well as through the use of sustainable aviation fuel (SAF). Other savings include implementing economic measures and improvements in air traffic management.
CEO of Lufthansa, Carsten Spohr, noted that the transition to SAF and ongoing fleet renewal would come at a high costs to the airlines. As such, he said that the government should step in to ensure European airlines are not put at a disadvantage over competitors who are not investing at the same levels. He said,
“It is key that these efforts of ours are not distorting competition more than it already has, or in a way that what we do will eventually help others…