No more cheap flights is the new reality for air travel
Airlines face an expensive and challenging few decades ahead as climate compliance laws get stricter
Summer flights are currently one-third more expensive than last year. But two new reports make it clear that this isn’t just temporary turbulence. It’s the new reality for flying as airlines face a huge decarbonization challenge and tightening climate-compliance laws.
Key takeaways
- Over the next three decades, aviation has to transform itself from a polluting industry - planes are responsible for 2.5% of global CO2 emissions - to a net-zero one;
- The European sector’s plan to reduce emissions, it’ll do that by investing in future aircraft and infrastructure, making operations more efficient, and using alternative fuels and carbon-removal technologies;
- Fewer flights is, naturally, the easiest way to slice carbon emissions, and so a demand drop would come with its own climate benefits.
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