Airlines’ profits set to soar with climate measures

A proposal to be tabled this week by the European Commission to curb CO2 emissions from the aviation sector could add €4 billion to airlines’ profits, according to the UK’s Institute for Public Policy Research (IPPR).

“The EU should not repeat the mistake it made with the energy sector and give the aviation industry free emissions credits,” said Simon Retallack, head of IPPR’s climate team and co-author of the study. The UK energy sector made around
EurActiv