Airlines for America Vice President for Environmental Affairs Nancy Young said she was confident that the pieces are in place for ICAO to make significant progress on a global emissions agreement for airlines. In her keynote address to the ATW sixth annual eco-aviation conference, Young said, "There has been stepwise progress leading to this moment. Not just from the work done over the last year, but work going back to the past several years."
Airlines for America said lawmakers should not double taxes paid by passengers for the Transportation Security Administration. "Air travel today is already taxed at a federal rate higher than those for alcohol and tobacco, products that are taxed to discourage their use," said A4A President and CEO Nicholas Calio. "It's illogical that the House Republican budget would single out the airline industry for a tax hike that Congress has rejected on five previous occasions -- it's a lose-lose for passengers, airlines and the economy." However, Calio commended Rep. Paul Ryan, R-Wis., and his colleagues for recognizing that cost-efficiency goals for the TSA can be met while maintaining the highest standards for passenger and baggage screening.
Nancy Young, A4A vice president for environmental affairs, makes the case for why the European Union's emissions-trading scheme is bad news for U.S. airlines. In an op-ed published in Aviation Daily, Young rebutted assertions that airlines somehow profit from the trading scheme. "Simply put, there is no scenario under which U.S. carriers are making -- or will make -- money from the EU ETS trading scheme," Young said. Read more here.
Airlines for America is predicting U.S. airlines will post profits for the second quarter. Fuel costs dropped to $115 per barrel earlier this month from $135 per barrel at the end of March. "As meager as airline profitability goes, it stands to be a fairly good quarter," said A4A chief economist John Heimlich.
Airlines for America (A4A) commend Sen. John Thune, R-S.D., for introducing a bill that would prohibit U.S. aircraft operators from participating in the European Union emissions trading scheme (EU ETS) because, opponents say, the scheme violates international law and U.S. sovereignty. The legislation would also seek to hold operators harmless from the scheme. Read more here.