• Demand for air cargo up 8.2 percent y/y in October

    Air freight demand, measured in freight tonne kilometers (FTKs), rose 8.2 percent year-on-year in October, according to data released by The International Air Transport Association (IATA).
  • Another record breaking year for Budapest Airport as cargo volume exceeds 100,000 tonnes

    Hungarian gateway Budapest Airport expects to break annual record of cargo volume this year with more than 100,000 tonnes already handled between January and November.
  • LATAM Airlines to launch its longest non-stop flight ever between Santiago and Melbourne, Australia

    Latin America based carrier LATAM Airlines will operate a new, non-stop service between Santiago and Melbourne, Australia, from October 5, 2017.
  • India gives a strong start to IAG’s performance in the peak season

    IAG Cargo’s e-commerce prioritise from India has given it a very good start into the peak season.
  • IAG Cargo launches new Paris to New York route through OpenSkies

    IAG Cargo has launched the start of a new Paris Orly to Newark New Jersey route, its first ever direct cargo route between France and the USA.
Showing posts with label North America. Show all posts
Showing posts with label North America. Show all posts

Monday, July 19, 2021

 American Airlines aim to reduce GHG by 2035 with a science based target





American Airlines (American) announced its commitment towards setting a science-based target for reducing greenhouse gas (GHG) emissions. This move will sharpen the company’s strategy for reaching net-zero emissions by 2050, align its path with the global imperative of limiting temperature rise to well below 2°C, and bring additional accountability to its approach.

American is said to be the first airline in North America to begin the validation process with the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). In doing so, American is committing to develop a 2035 emissions reduction target that will be reviewed by the SBTi to confirm its consistency with the latest climate science.

“We are building American Airlines to thrive forever, which is why we set an ambitious goal to reach net-zero emissions by 2050,” said Doug Parker, chairman and CEO of American Airlines. “Now, we’re committing to set a science-based target for 2035 because the seriousness of the climate challenge demands it. We’ve already laid a strong foundation by prioritizing near-term solutions to reduce our emissions, like renewing our fleet with more fuel-efficient aircraft. Looking forward, we believe we have an obligation to our customers, team members, shareholders and the communities we serve to focus and accelerate our transition to operating a low-carbon airline. We view the work ahead as an opportunity to support the change necessary to protect our planet for future generations, and we welcome the accountability that comes with taking this step.”