British Airways faces a bill of nearly €50m, the highest of any airline, when carriers around the world are brought into the European Union’s carbon emissions trading scheme next year, a new study estimates.
But BA and other large European carriers will face a relatively smaller burden than their rivals in the US and China, because they should get an average of 81 per cent [...]
Most underplayed economic story of the week: European aircraft manufacturer Airbus “trounced” the traditional U.S. behemoth Boeing at the Paris Air Show, booking a record $50 billion more in orders for new planes. The reason: commercial plane buyers’ demands for high fuel efficiency and low emissions. Here’s the Associated Press report on how Airbus racked up a whopping 730 new plane orders compared to a measly 142 for Boeing:
Airbus has [...]