US, EU CEOs unite behind ICAO global environmental framework.

Press Release Summary:



Industry leaders from Aerospace and Defence Industries Association of Europe (ASD) and AIA exchanged views on various topics, ranging from CO2 certification and biofuels to EU's Emissions Trading Scheme (ETS). While acknowledging industry challenges "both home and abroad," Chairman of the Board of Governors of AIA David Hess called this meeting "productive and necessary. He continued, saying "A global problem requires a global solution for a global industry."



Original Press Release:



American, European CEOs Unite Behind ICAO Global Environmental Framework



Farnborough, United Kingdom, - Industry leaders from the Aerospace and Defence Industries Association of Europe (ASD) and the Aerospace Industries Association of America (AIA) exchanged views on a variety of topics Monday, ranging from CO2 certification and biofuels to the European Union's Emissions Trading Scheme.

CEOs of some of the largest and most influential aerospace companies on both sides of the Atlantic discussed impacts of ETS implementation for industries on a global basis. Starting in 2013, airlines will have to pay the EU for CO2 emissions from all flights that depart or arrive in the EU - including portions of flights flown outside EU airspace.

Commercial jet aircraft are more than 70 percent more fuel efficient and emit 70 percent less CO2 than aircraft of the 1970s. Even so, the civil aviation industry has committed to far greater reductions. Manufacturers are working with the International Civil Aviation Organization - the UN body tasked with finding a global framework for reducing international aviation's CO2 emissions - to create a CO2 standard for future aircraft. In addition, ICAO is working with industry on a framework and roadmap for a global transition to satellite navigation and digital communication.

"Aircraft manufacturers spend billions to make new airplane models more efficient," said Boeing Defense, Space & Security President and CEO Dennis Muilenburg. "Modernizing air traffic management globally will make today's existing fleets 12 percent more efficient - an enormous step forward in our quest to reduce fuel burn and emissions."

"Our industry is faced with a number of challenges, both home and abroad," said David Hess, Chairman of the Board of Governors of AIA and President of Pratt & Whitney, United Technologies Corporation. "This meeting was both productive and necessary to address the issue of the EU's ETS. A global problem requires a global solution for a global industry."

Klaus Eberhardt, President of ASD and CEO of Rheinmetall AG added, "We call on the EU to work with the international community through ICAO to address reduction of aviation emissions on a global basis. We stand with our transatlantic partners in the effort to find a unified and comprehensive solution."

Industry leaders included:
ASD:
Klaus Eberhardt, President of ASD and CEO of Rheinmetall AG
Jean-Paul Herteman, Chairman and CEO, Safran SA
Michael von Gizycki, Secretary-General of ASD

AIA:
David Hess, Chairman of the Board of Governors of AIA and President of Pratt & Whitney, United Technologies Corporation
Dennis Muilenburg, President and CEO of Boeing Defense, Space & Security
Scott Donnelly, Chairman, President and CEO of Textron Inc.
Marion C. Blakey, President and CEO of AIA

ASD represents the Aeronautics, Space, Security and Defence industries in Europe. Based in Brussels, the organisation today counts 28 member associations in 20 countries: Austria, Belgium, Bulgaria, theCzech Republic, Denmark, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, Turkey and the UK. Total annual industry turnover - with over 2,000 companies and 80,000 suppliers, many of which are SMEs - reaches Euros163bn.

Founded in 1919, the Aerospace Industries Association represents the United States' leading manufacturers and suppliers of civil, military, and business aircraft, helicopters, unmanned aircraft systems, space systems, aircraft engines, homeland and cybersecurity systems, materiel, related components, equipment services and information technology. www.aia-aerospace.org.

Daniel N. Stohr
Director, Media Relations
Aerospace Industries Association
1000 Wilson Blvd., Suite 1700
Arlington, Virginia 22209 USA
T: 703-358-1078 C: 703-517-8173
dan.stohr@aia-aerospace.org

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