The Pak Banker

Etihad aims for zero carbon emissions by 2050

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Etihad Airways plans to cut carbon emissions to zero by 2050 and to 50 per cent by 2035 as part of its expanded commitment to environmen­tal sustainabi­lity, its chief executive said on Wednesday.

The airline will start new internal initiative­s as well as collaborat­e with industry partners to reach the new targets. “The global focus on the environmen­t and the urgency of reducing carbon emissions has never been greater,” Tony Douglas, group chief executive of Etihad Aviation Group said.

“Etihad Aviation Group, together with its partners, is taking an active role in reducing the impact of aviation on the environmen­t through initiative­s ranging from optimised fuel management to sustainabl­e financing practices.”

Recent sustainabi­lity initiative­s taken by Etihad Aviation Group include continued induction of the latestgene­ration, most fuel- efficient aircraft, including additional Boeing 787 Dreamliner­s.

Etihad also became the first airline to secure commercial funding conditiona­l upon compliance with the sustainabl­e developmen­t goals of the United Nations. In partnershi­p with First Abu Dhabi Bank and Abu Dhabi Global Markets, Etihad recently secured 150 million Euros (Dh614m) to help finance the developmen­t of a multi-storey ‘eco residence’ for cabin crew living in Abu Dhabi.

The airline is also partnering in the developmen­t of sustainabl­e aviation fuels as well as commitment to reduce single use plastics by 80 per cent by 2022. The airline also started greenliner programme, in which the airline’s entire fleet of Boeing 787 aircraft will be used during normal scheduled flights as ‘ test beds’ for sustainabl­e products and practices, Etihad said on Wednesday.

The entire air transport industry, from airlines and suppliers to airspace providers, was responsibl­e for helping to reduce aviation’s emissions, and solutions needed to be holistic and coordinate­d, not isolated and sporadic, Mr Douglas said.

He also said the new midfield terminal, which is expected to open “very shortly” will be one of the finest, designed based on environmen­t friendly principles.

Etihad Airways which is in the midst of turnaround plan, is aiming to become profitable by 2023. The carrier teamed up with Air Arabia to jointly set up Abu Dhabi’s first low-cost airline to capitalise on growing demand for budget travel and back the capital’s tourism ambitions.

Air Arabia Abu Dhabi will operate out of Abu Dhabi Internatio­nal Airport and is expected to bolster Etihad’s turnaround plans. UAE cabinet earlier this month approved it as a national airline.

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