Aviation Giants Commit to Boosting Industry Sustainability
June 18 2019 - 6:17AM
Dow Jones News
By Maitane Sardon
The chief technology officers of seven aerospace manufacturers
on Tuesday released their first joint statement committing to make
aviation more sustainable.
The CTOs of Airbus (AIR.FR), Boeing Co.(BA), Safran SA.
(SAF.FR), Rolls-Royce Holdings PLC (RR.LN), General Electric (GE)
subsidiary GE Aviation, Dassault Aviation SA.(AM.FR)and United
Technologies Corp. (UTX) called for action on climate change and
said they will continue to work toward reducing the industry's
carbon footprint.
Aviation is responsible for more than 2% of global emissions,
according to the International Civil Aviation Organization, and the
industry forecasts its emissions could rise by as much as 700% by
2050 as the sector continues to grow.
In order to achieve the sector's target--which consists of
halving 2005's carbon-dioxide emission levels by 2050-- the CTOs
said they will work on aircraft design and technology to improve
fuel efficiency, support the commercialization of alternative and
more sustainable aviation fuels, and develop new aircraft and
propulsion technology.
Factors such as more efficient management of aircraft routing
and air traffic will also be key in order to reduce the
environmental impact of the industry, they said.
They added however that aviation will continue to rely on fossil
fuels in the coming decades, and called for government support for
technology development and production of sustainable aviation
fuels.
Write to Maitane Sardon at maitane.sardon@dowjones.com
(END) Dow Jones Newswires
June 18, 2019 06:02 ET (10:02 GMT)
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