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EU climate plans: Lufthansa sees billions in costs

2021-10-14T03:39:32.214Z


The Lufthansa Group expects additional billions in costs if the EU Commission's “Fit for 55” climate package were implemented unchanged. The airline group would have to bear additional costs of 15 to 20 billion euros by 2035, the company calculates in its "Political Letter" published on Wednesday. A unilateral burden of up to 7 billion euros can be expected by 2030.


The Lufthansa Group expects additional billions in costs if the EU Commission's “Fit for 55” climate package were implemented unchanged. The airline group would have to bear additional costs of 15 to 20 billion euros by 2035, the company calculates in its "Political Letter" published on Wednesday. A unilateral burden of up to 7 billion euros can be expected by 2030.

Frankfurt / Berlin - The Commission has proposed tougher emissions trading, a European kerosene tax and binding admixture quotas for sustainable fuels in order to accelerate Co2 reduction for air traffic.

However, the aviation industry sees disadvantages in the specific design compared to non-European competitors who, with their cost advantages, could divert passengers to Turkey or the Middle East, for example.

In the policy letter, Lufthansa completely rejects a kerosene tax.

When adding sustainable fuels, as in other areas of the economy, regulations are needed that prevent a mere shift in CO2 pollution.

Emissions trading, which has only been running within Europe so far, must be expanded to include feeder flights to airports outside of Europe.

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Lufthansa: capital increase for state aid repayment

In the Corona crisis, Lufthansa had to be saved from crashing with taxpayers' money in the billions.

Now the group is starting to get out of the state.

Lufthansa: capital increase for state aid repayment

Lufthansa: capital increase for state aid repayment

In the Corona crisis, Lufthansa had to be saved from crashing with taxpayers' money in the billions.

Now the group is starting to get out of the state.

Lufthansa: capital increase for state aid repayment

15 billion budget approved

Brandenburg's state government also decides on a huge budget for 2022 to further cope with the corona pandemic.

The promised exemption from fees for the daycare centers will therefore initially not work.

15 billion budget approved

CEO Carsten Spohr told the “vbw-Unternehmermagazin” (Thursday): “It cannot be that European airlines are clearly disadvantaged compared to non-European airlines.

If tickets in Europe become more expensive and people then take the detour via Istanbul or Dubai, CO2 emissions rise and Germany as a business location is weakened. ”A fair competition with the main competitors from the Middle East, China, the USA and Turkey must be ensured.

dpa

Source: merkur

All news articles on 2021-10-14

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