12.02.2018 16:57:00

Air Canada Named Eco-Airline of the Year in Air Transport World's 2018 Annual Airline Industry Achievement Awards

MONTREAL, Feb. 12, 2018 /CNW Telbec/ - Air Canada has been named the 2018 Eco-Airline of the Year by the respected airline industry publication Air Transport World in its 44th Annual Airline Industry Achievement Awards. In recognizing Air Canada's environmental accomplishments, ATW cited the carrier's commitment to emissions reductions through supporting the development of alternative fuels and its numerous green programs and partnerships, including being the first airline in the world to voluntarily join the World Bank's IMF Carbon Pricing Leadership Coalition.

"Air Canada has made sustainability central to its decision-making and business processes, and this includes acting responsibly with respect to the environment. We are very pleased that ATW has recognized the effectiveness of our environmental programs, including our participation in the development and support of alternative fuels in Canada, and our efforts to contribute to healthier communities. We have made great strides, improving fuel efficiency by 40 per cent since 1990, and this award will further spur us on to the goals we have set for ourselves to continually improve our environmental performance," said Calin Rovinescu, President and Chief Executive of Air Canada.

ATW presents the Eco-Airline Award to an airline that practices and innovates in exceptional eco-operations. In choosing the 2018 winner, judges looked for an industry-leading commitment to technologies and efforts that increase operational efficiency and reduce emissions and dependency on oil. This includes pioneering solutions to environmental problems, environmental concern and action through community involvement, and best practices at airports.

"The panel of international ATW editors who judged the 2018 Awards were especially impressed with how Air Canada constantly maintains its leadership position as an eco-responsible airline in technological areas such as the development of biofuels, but also goes much further. Air Canada as a company is a committed leader in sustainability, becoming the world's first airline to voluntarily join the World Bank's IMF Carbon Pricing Leadership Coalition. And Air Canada thinks out of the box in its drive to be an eco-responsible company, donating old business class duvets to good causes where they can be re-used, and partnering with Diabetes Canada so that uniforms can be recycled. One editor noted it was remarkable how many organizations and companies Air Canada partners with in its sustainable initiatives, spreading its eco-efforts on a global scale far beyond aviation," said Karen Walker, Editor-in-Chief, Air Transport World.

This ATW Eco-Airline Award is the second award won by Air Canada this year related to its sustainability programs. Air Canada's corporate sustainability report, Citizens of the World, was named the Best Sustainability Report in the Transportation Category by The Finance and Sustainability Initiative (FSI). It is the second year in a row Air Canada's report was named best in the sector by the FSI, a non-profit organization that brings together finance professionals dedicated to promoting sustainable finance and responsible investment to financial institutions, companies and universities

Air Canada has a four-pillar approach to reduce emissions through technology, operations, infrastructure and economic instruments. Among other things, Air Canada is a partner in biofuel research in cooperation with the Canada Biojet Supply Chain Initiative (CBSCI) and the Civil Aviation Alternate Fuel Contrail and Emissions Research (CAAFCER). It has invested significantly with a $10 billion fleet renewal program that has given it one of the most modern, fuel efficient fleets in the world. It maintains innovative recycling, scholarship and community activity programs, many aimed at involving employees in environmental activities. The airline has also adopted the ambitious collective International Air Transport Association reduction targets for greenhouse gases that include:

  • Improving fuel efficiency by an average of 1.5 per cent per year from 2009 to 2020;
  • Capping aviation CO2 emissions from 2020, or carbon-neutral growth; and
  • Reducing CO2 emissions by 50 per cent by 2050 relative to 2005 levels.

For more information about Air Canada's environmental programs and activities, please consult Citizens of the World and Air Canada's leaveless environmental site, both available at aircanada.com

About Air Canada

Air Canada is Canada's largest domestic and international airline serving more than 200 airports on six continents.  Canada's flag carrier is among the 20 largest airlines in the world and in 2017 served approximately 48 million customers.  Air Canada provides scheduled passenger service directly to 64 airports in Canada, 60 in the United States and 98 in Europe, the Middle East, Africa, Asia, Australia, the Caribbean, Mexico, Central America and South America. Air Canada is a founding member of Star Alliance, the world's most comprehensive air transportation network serving 1,300 airports in 191 countries.  Air Canada is the only international network carrier in North America to receive a Four-Star ranking according to independent U.K. research firm Skytrax, which also named Air Canada the 2017 Best Airline in North America.  For more information, please visit: www.aircanada.com/media, follow @AirCanada on Twitter and join Air Canada on Facebook.

 

SOURCE Air Canada

Nachrichten zu Associated Capital Group Inc (A)mehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu Associated Capital Group Inc (A)mehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Associated Capital Group Inc (A) 36,19 -3,49% Associated Capital Group Inc (A)