Aviation Biofuel Market - Top Companies and Manufacturers

In the News

• April 2020: EasyJet founder Stelios Haji-Ioannou, warned that the airline will run out of cash by August or perhaps earlier if a contract for more than 100 Airbus jets is not terminated between the two companies as already EasyJet is facing a collapse in demand due to COVID-19 pandemic.
• CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation) is the first global market-based measure scheme for international aviation under ICAO (International Civil Aviation Organization), United Nations. In March 2020, ICAO agreed to the terms ruling the eligibility of carbon offset programs for the initial pilot phase of CORSIA which runs from 2021-2023. These terms permit airlines to purchase CO2 offset units from six programs under CORSIA to reach its emissions reduction targets up to 2023.
• February 17, 2020, Delta Airlines has become the latest airline pledging to reduce its carbon emissions by investing in aircraft renovation, sustainable jet fuel, weight reduction, and CO2 offsetting and sequestration projects