“hellbent” on reducing emissions — but the technology needed to drastically reduce its carbon footprint is still out of reach.
“The sector is under considerable pressure,” admitted Alexandre de Juniac, chief executive of the International Air Transport Association , whose members met this week in Seoul. “Often these taxes are absorbed in the budgets of states and are spent on whatever they want, except the environment,” he said.
The industry has committed to improving fuel efficiency by 1.5 percent per year from 2009 to 2020 and stabiliZing its CO2 emissions in preparation for a 50 percent reduction by 2050 compared to 2005. Philippe Plouvier, associate director of consulting firm Boston Consulting Group in Paris, said “the constant renewal of the fleet is a major part of it ”, explaining that the latest models of large aircraft reduce CO2 by 20 to 25 percent.
“Batteries today are still too big and heavy to be used as the main source of power for aircraft,” said Leithen Francis, managing director of Singapore-based aviation public relations agency Francis & Low.
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