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Airlines count cost of emission permits

Oct 12, 2009 (The Australian Financial Review - ABIX via COMTEX) -- By Jeremy van Loon

Company: Air Berlin PLC (AIBEF)

The European Union's (EU) new climate change legislation is expected to have a major impact on the airline sector. Airlines will be required to purchase greenhouse gas permits from 2012, as part of the EU's bid to cap emissions. Air Berlin said the program would cost the airline sector around 1.5 billion euros ($A2.2bn) per year.

Publication Date: 13 October 2009 

DEUTSCHE LUFTHANSA AG
AIR FRANCE SA
AIR BERLIN GMBH AND COMPANY LUFTVERKEHRS KG
KLM CARGO
JAPAN AIRLINES COMPANY LIMITED
DELTA AIR LINES
IDEACARBON
EUROPEAN CLIMATE EXCHANGE
MARKEDSKRAFT ASA
BARCLAYS CAPITAL ASSET MANAGEMENT LIMITED
ASSOCIATION OF EUROPEAN AIRLINES
BRITISH AIRWAYS PLC
EASYJET AIRLINE COMPANY LIMITED
RYANAIR HOLDINGS PLC

Copyright (C) 2009 ABIX. All rights reserved

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Company: Air Berlin PLC (AIBEF)


Related terms: airline, cargo, japan, legislation, unions

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