IATA SAYS NEW GLOBAL EMISSIONS SCHEME WIL BE AFFORDABLE FOR AIRLINES
September 1st, 2016
THE INTERNATIONAL Air Transport Association (IATA) has said that the planned new global emissions control system under discussion at the International Civil Aviation Organisation (ICAO) will be affordable for airlines.
Speaking at a press conference to mark the opening of ICAO’s assembly today (September 27), in Montréal, Canada, IATA senior vice president Paul Steele said that the “worst case scenario” of additional costs for airlines under the planned global market-based measure (GMBM) between 2020 and 2035 would be USD24.9 billion, just over 1% of ...
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