Next 3-5 yrs could see failures of airlines that can’t invest in decarbonisation: CAPA

The next three to five years could see failures of multiple airlines that do not have the financial strength to invest in decarbonisation, says the CAPA-Envest Airline Sustainability Benchmarking Report 2021. “Climate change is a critical challenge, and climate inaction is a critical mistake. We have partnered with Envest Global to assess the impact on airlines of increased pressure to reduce aircraft carbon emissions, and to assist them in understanding global trends and meeting the growing expectations of stakeholders,” says CAPA Chairman Emeritus Peter Harbison.