World Airlines Summit: distortion of competition between East and West
The war in Ukraine and its consequences are part of discussions in Istanbul at a summit of 300 airlines from around the world from 4 to Tuesday 6 June. Between Asian carriers that have not broken with Moscow and Western companies that must comply with the sanctions imposed on Russia, the question of a distortion of competition arises.
More competitive in the air, Asian routes are on the rise, which weakens major European airports such as Paris Charles-de-Gaulle or London-Heathrow. AFP
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Save time and money for Asian and Eastern companies. Whether Turkish, Chinese or Saudi, they can still serve Russia, and especially fly over it.
This is not the case for European airlines, which have had to make changes to their itineraries, requiring long detours for flights to Asia and parts of the Middle East.
More competitive in the air, Asian routes are on the rise, which weakens major European airports such as Paris Charles-de-Gaulle or London-Heathrow. The British airport is experiencing a drop in passenger numbers.
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Environmental efforts
Added to this are the efforts that European companies are required to make to reduce their CO2 emissions, including the obligation to use sustainable fuel, as has been the case in France since January for 1% of their flights.
Brussels plans in a climate plan to move from 2% mandatory sustainable fuel in 2025 to 63% in 2050. However, bio-fuel is more expensive than oil. European companies fear a loss of competitiveness vis-à-vis the Chinese and Americans.
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Read on on the same topics:
- Aeronautics
- Russia
- Economic crisis
- Environment