Aviation News

January 23, 2013

Are European Airlines Profiting From Shelved EU Carbon Tax?

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By: AFP
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Lufthansa's first Boeing 747-8 Intercontinental (D-ABYA) takes off on a test flight. (Photo by Boeing)
Lufthansa's first Boeing 747-8 Intercontinental (D-ABYA) takes off on a test flight. (Photo by Boeing)


Airlines turn profit from EU freeze on carbon tax: environmentalists (via AFP)

Airlines made up to half a billion euros in windfall profits last year by passing on a carbon surcharge to travellers despite an EU decision to freeze its controversial carbon tax, environmentalists said on Tuesday. Green group Transport and Environment said airlines chalked up extra revenues estimated…