Airbus shares China's stance on ETS

Xinhua, June 13, 2012

Airbus fully supports China's stance in opposing the European Union's plan to tax international airlines under its Emissions Trading Scheme (ETS), one of the company's executives said Tuesday, Xinhua reported. Airbus shares China's stance on the matter and believes that the EU practice is improper, even though the ETS was designed to reduce carbon emissions, John Leahy, a chief operating officer at Airbus, said at the 68th annual conference of the International Air Transport Association (IATA). The EU's move is unacceptable to other countries and must be corrected, Leahy added.