EU’s Decarbonization Policies Will Drive up Costs for Airlines | Aviation International News

EU’s Decarbonization Policies Will Drive up Costs for Airlines

Europe’s airlines express concern about the significant costs of implementing the EU’s Fit for 55 package aimed at trimming CO2 levels by 55 percent.

European airlines have expressed concern about the significant costs of implementing the EU’s Fit for 55 package aimed at trimming CO2 levels by 55 percent. (Photo: Fraport AG)

By Cathy Buyck • Contributor - Europe

July 11, 2022

When the European Commission published its Fit for 55 package of legislative proposals in July 2021, stakeholders were positive and supportive of the initiative. The industry wanted to show that its decarbonization pledge and efforts were genuine and that the public perception of air transport as an irresponsible polluter, propelled by anti-flying movements like Flygskam, were unfounded. Yet, the realization is slowly sinking in that Fit for 55’s financial impact will prove significant.

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