Airbus, several airlines sign letters of intent to explore carbon removal solutions
Airbus and a number of major airlines – Air Canada, Air France-KLM, easyJet, International Airlines Group, LATAM Airlines Group, Lufthansa Group and Virgin Atlantic – have signed Letters of Intent (LoI) to explore opportunities for a future supply of carbon removal credits from direct air carbon capture technology.
Direct Air Carbon Capture and Storage (DACCS) is a high-potential technology that involves filtering and removing CO2 emissions directly from the air using high powered fans. Once removed from the air, the CO2 is safely and permanently stored in geologic reservoirs. As the aviation industry cannot capture CO2 emissions released into the atmosphere at source, a direct air carbon capture and storage solution would allow the sector to extract the equivalent amount of emissions from its operations directly from atmospheric air.
→ Iberia receives its thirteenth Airbus A320neo.
Carbon removals via direct air capture technology complement other solutions that deliver CO2 reductions, such as Sustainable Aviation Fuel (SAF), by addressing remaining emissions that cannot be directly eliminated.
As part of the agreements, the airlines have committed to engage in negotiations on the possible pre-purchase of verified and durable carbon removal credits starting in 2025 through to 2028. The carbon removal credits will be issued by Airbus’ partner 1PointFive – a subsidiary of Occidental’s Low Carbon Ventures business and the global deployment partner of direct air capture company Carbon Engineering.
“We are already seeing strong interest from airlines to explore affordable and scalable carbon removals,” said Julie Kitcher, Executive Vice President Communications and Corporate Affairs, Airbus. “These first letters of intent mark a concrete step towards the use of this promising technology for both Airbus’ own decarbonisation plan and the aviation sector’s ambition to achieve net-zero carbon emissions by 2050.”
Related Topics
Ryanair Issues Warning to Boeing: May Cancel Orders if Tariffs Inflate Aircraft Prices
Boeing 787 Dreamliner Surpasses One Billion Passengers: A Historic Milestone in Aviation
Arajet Expands Its Fleet: SMBC Aviation Capital to Lease 5 Boeing 737 MAX 8
Boeing Responds to Tariff Impact: Seeks to Resell Aircraft Intended for China and Targets New Markets
Plataforma Informativa de Aviación Comercial líder en América Latina.