CEO: EU rules will harm European airlines
The European Union’s new emission restrictions targeting the aviation industry will have a negative effect on European airliners, warns Rickard Gustafson, CEO of Scandinavian Airlines. Companies in China and the US refuse to pay the new fees instead opting to pull out of Europe.
“I am disappointed and concerned by the way this system has been implemented,” Gustafson told news agency TT. The new rules will make it difficult for European airlines to compete on equal terms and could start a trade war, he added.
The European Union’s emission tax scheme for the aviation industry came into force at the start of this year. The industry had previously been exempt. The scheme applies to all airlines that fly to and from airports within the EU.
Several countries have objected to the new rules and according to a report from the New York Times China has banned Chinese airliners from paying the fees.