Airbus and Boeing welcomes first-ever Carbon Offsetting and Reduction Scheme for International Aviation

Airbus
6 OCTOBER 2016 PRESS RELEASE


Airbus welcomes the climate agreement reached by governments at the International Civil Aviation Organization (ICAO) in Montreal, Canada, October 5th. The agreement puts in place the world’s first Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). This represents a key pillar in the aviation industry's climate action plan alongside technology improvements (including sustainable fuels), efficient operations and improved infrastructure.

“This is a crucial year for the global aviation community and ICAO. Following the successful agreement of a CO2certification standard for aircraft in February this year, the international carbon offset plan is another key milestone in supporting the aviation industry's commitment in reducing CO2 emissions", said Fabrice Brégier, President and CEO of Airbus.

"Airbus is fully committed to all pillars of the industry's climate action plan through delivering the world’s most fuel efficient aircraft, supporting the deployment of operational improvements around the world and facilitating the wider adoption of sustainable alternative fuels", Fabrice Brégier added.

Headquartered in Toulouse, France, Airbus is the leading commercial aircraft manufacturer offering the most modern, comprehensive and efficient family of airliners, ranging in capacity from 100 to more than 600 seats. Founded on innovation Airbus is more than ever providing the products and services to meet the environmental challenges of today and the ambitious targets we have set ourselves for tomorrow.




Boeing
SEATTLE, Oct. 6, 2016 /PRNewswire/ -- Boeing [NYSE: BA] today released the following statement in response to the International Civil Aviation Organization's adoption of a carbon-offset system:

"Boeing commends the International Civil Aviation Organization for adopting a carbon-offset system for international aviation that will help the industry achieve its goal of reducing emissions.

"This historic agreement represents the world's first sector-based, global market mechanism to address climate change and is complementary to the first-ever CO2 standard for airplane emissions that ICAO adopted earlier this year. These two significant agreements result from several years of collaboration by international experts from ICAO member states, the aviation industry and non-governmental organizations.

"The market-based carbon-offset system and CO2 standard are integral to the four-pillar approach the industry is taking to stop the growth of emissions by 2020 and cut them in half by 2050 relative to 2005 levels. These efforts also include: investing in new, more efficient aircraft; improving operational performance of the in-service fleet; improving the efficiency of air traffic management and other infrastructure; and scaling up the use of sustainable alternative fuels.

"We continually innovate to improve the efficiency and environmental performance of our products and services. The 787 Dreamliner family reduces fuel use and CO2 emissions by 20 to 25 percent compared to airplanes it replaces. The 737 MAX, with first delivery expected in 2017, will reduce fuel use and emissions by 20 percent compared to the original Next-Generation 737."