Aviation industry still committed to reaching emissions targets

The international aviation body has reiterated that it is still committed to cutting its carbon footprint despite a weakening global economic sentiment set to cut into their profit margins.



Using what it calls a “four pillar strategy”, which features investing in technology, flying planes more effectively, building efficient infrastructure and using positive economic measures, the International Air Transport Association (IATA) says the aviation industry is still eyeing a carbon-neutral future.



“Our commitment to environmental responsibility is firm and strong.” said Giovanni Bisignani, IATA Director General and CEO.



“Even as we face the worst revenue situation in 50 years - with US$2.5 billion in losses this year, following a US$5 billion loss in 2008 - we are determined to continue to deliver effective solutions that reduce aviation’s emissions.



“No other industry is as united in its approach. The IATA vision is to achieve carbon-neutral growth on the way to a carbon-free future.”



Using its four pillar strategy, IATA forecasts that the aviation industry will reduce its emission by 4.5% in 2009, and while it notes that 2.5% of this reduction will be due to a reduction in traffic, the rest will be achieved by efficiencies.



IATA points out that saving fuel-burn, which then leads to lower emissions is a good practice for the airlines as well, as they then save more on fuel efficiencies.



By 2020 IATA is targeting a 25% improvement in fuel efficiency when compared to 2005.



In 2008 alone airlines saved 15 million tonnes of CO2 with more streamlined procedures, which amounted to US$5 billion worth in savings


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