Etihad Airways is pushing sustainability boundaries with its Greenliner Programme, where alternate fuel, eco-friendly in-flight products and optimised flight routes seek to transform the aviation industry.
In an exclusive interview with Dubai Eye 103.8's Business Breakfast, Tony Douglas, the CEO of Etihad Airways, gives insight into the new carbon-efficient initiative, including saving six tonnes of CO2 by optimising the smaller aspects of flying like the ascent and descent.
Furthering the effort, Etihad uses biodegradable bottles and lesser plastic in-flight. The CEO claims that the airline has reduced single-use plastics by 80 per cent.
Importantly, the aircraft uses a mix of sustainable fuel of 38 per cent.
However, when questioned about the comparatively low percentage mix and an even slower pace of adaptation to eco-friendly flights, Douglas points at the high cost of achieving sustainability.
The CEO hopes to see more inclusive policy changes and incentives to further the sustainability path in aviation.
Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.
Australia's centre-left government has introduced legislation in the parliament to double penalties for fuel price gouging on Wednesday as global supply disruptions due to the Iran war triggered fuel shortages in some rural regions.
Gulf markets ended mixed on Tuesday, with Qatar extending losses while other bourses steadied as investors parsed conflicting signals on potential US-Iran talks.
Australia and the European Union on Tuesday signed a trade deal marking the culmination of years of negotiations, as Europe seeks to diversify its export markets and expand ties beyond its traditional partners.
Weaponising the Strait of Hormuz is an act of economic terrorism with global impact far beyond energy markets, asserted Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, while addressing CERAWeek in Houston, Texas.
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