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easyJet supports UK`s environment minister for EU emission trading scheme
Monday, January 08, 2007
United Kingdom`s Environment Minister Ian Pearson criticised a number of airlines for not taking carbon emissions seriously enough and for stalling progress on the inclusion of aviation into the EU Emission Trading Scheme. Among the airlines criticised by Mr Pearson were the big American operators that are opposed to the inclusion of intercontinental flights, as proposed by the European Union. Ryanair, British Airways and Lufthansa were also under the spotlight for their rather lukewarm response to the proposed Emission Trading Scheme.

Andy Harrison, easyJet Chief Executive, gives the following comments: “We congratulate Mr Pearson for his clear words and for refraining from lumping all airlines together. In contrast to most other airlines, easyJet has not only welcomed a carbon trading scheme, but has also called on the European Parliament to bring in tougher legislation sooner.”

“The EU must discourage airlines from flying old, half-empty aircraft and must prevent non-EU airlines from getting a free ride. That is why easyJet wants to see an Emission Trading Scheme that includes all flights in and out of Europe, and we want to see it as soon as possible. easyJet flies brand new aircraft with high passenger loads which mean that we emit 30% fewer emissions per passenger kilometre than a traditional airline,” he added.

“But the Government must rise to the challenge as well. The EU Emissions Trading Scheme is the right way for aviation to balance its huge economic and social benefits with its environmental impact – rather than national governments imposing ineffective, inefficient taxes, such as UK Air Passenger Duty, to give the impression they are doing something. To make aviation more efficient, we urge EU governments to finally agree on a reform of Europe’s inefficient Air Traffic Control system and to stop all state aid given to ailing national carriers,” Harrison concluded.
Vicky Karantzavelou - Monday, January 08, 2007
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How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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