R E L A T E D   C O N T E N T
ADVERTISEMENT

Green sky thinking for EU aviation

Rachael Singh, Financial Director, 28 Feb 2008

Some of Europe’s biggest aviation companies have created the first public-private partnership with the European Commission to produce greener aircraft

Airbus, Dassault, Saab and Rolls Royce have struck a deal with the EC worth e1.6bn, in forming their Clean Sky Joint Technology Initiative.

As flight passenger numbers increase 5% each year, pressure has mounted to find a greener alternative to current forms of aviation technology. The four companies have secured financial assistance from the EC, which will stump up half the cash required to fund the initiative.

“The programme is so huge that if we don’t work with the EC, we’ll never succeed,” says Myriam Goldsztejn, Dassault’s deputy director of research and technology.

The companies are funding the other half of the project with their own capital, an investment which speculators think will be reaped back in the form of carbon credits on the EU Emissions Trading Scheme, as well as being able to use reduced emissions figures in their environmental key performance indicators as part of the business review. The programme aims for:

  • 50% reduction in CO2 emissions through better fuel economy;
  • 80% reduction in nitrous oxide emissions;
  • 50% reduction in noise; and
  • Improved design to include more environmentally-friendly manufacturing, maintenance and disposal of aviation products.

Useful links
Go to www.asd-europe.org/Content for details on the Clean Sky JTI
www.euractiv.com/en/transport

M A R K E T P L A C E
Sponsored links
Winchester, United Kingdom | Fusion Project Management
Financial Analyst, Winchester, £30,000 PA Experienced qualified or part qualified accountant required to support the delivery of financial consultancy services by a dynamic and expansive company working predominantly within the further education sector. You will ... more >
London, United Kingdom | Sage and Co
Practice Audit / Accounts Manager - ACA/ACCA qualified c£50K (depending upon experience) A fine opportunity has arisen owing to growth in client base of the firm. You will manage a diverse portfolio of clients with ... more >
Hatfield, United Kingdom | Groundwork
Finance Manager, Hatfield, £35,229 - £45,965 Groundwork is a national environmental regeneration charity that works with local communities to improve the social, environmental and economic climate in which they live. As the fastest growing region ... more >
South West - Brockworth, Gloucestershire, United Kingdom | Invista
Headquartered in the United States, INVISTA is one of the world's largest integrated fibres and polymers businesses with a global presence. The role reports directly to the European Manufacturing Accounting Manager at Gloucester and involves ... more >
More Jobs in Finance
ADVERTISEMENT
Job zone
Job of the week
Related jobs
Search for a job
 
Try our Advanced search
ADVERTISEMENT