Thanks Patrick, your Chairman’s lounge access is finalised.
It has been a hell of a week.Fresh of the “research flight” you shovelled out some well-timed articles, with a crescendo of anti-staff rhetoric; those pesky pilots.Then of course, pickle forks made an appearance. We had to send out a well fed Head of Engineering and the only idiot left in the village to slander the head of the engineering union. The game changing CEO is still enjoying her honeymoon. Despite the elevated salary, he had other things to do. Sadly, with no superlative in sight it appears he just isn’t interested. Unfortunately, Steve Purvinas was right, the pickle forks are cracking on aircraft well outside the FAA edict. You could have actually done some journalism and published a rebuttal of Andrew David’s slanderous allegations and apologised to Steve Purvinas, but you didn’t. Good choice Patrick, the point end is much more comfortable isn’t it?
So to today’s little puff piece.
At Coward Street we take our spin seriously. ICAO has no ETS and the one that it does only applies for International airlines in 2027. The reality Patrick is that the aviation industry has no plan to “transition” off hydrocarbon based fuel. Offsets are great, excess emitter airlines "buy" them (at a cheap enough price not to be a Problem-Thank you ICAO!) from those with less emissions. The industry continues at a growth rate of 5% or so into perpetuity but airlines themselves can trundle around with fuel inefficient aircraft and hopefully no one notices that the fleet burns more fuel per seat than the competitors.
Qantas' current offsetting projects include restoring wetlands and rainforest in far north Queensland, reducing the chance of wildfires in the North Kimberley and conserving 7000 hectares of Tasmanian forest which might otherwise be logged.However some scientists and environmentalists question the merits of land-based offsetting schemes, because they do not stop carbon entering the atmosphere in the first place.The company will also spend $50 million over 10 years on research and investment to help develop a biofuel industry in Australia.
Clearly Patrick, you haven't read Qantas' concerns with bio-fuel. Technically feasible but commercially a minefield.
Is certainly a revelation that Qantas are logging in Tasmania. Not much a stretch when an airline now sells insurance and gym memberships...
Not sure what $50 million will achieve when an airline spends over $4 billion a year on fuel.
It sure would be a long reigning emperor, Little Napoleon will have nearly chalked up his own century by 2050. Will Qantas have a new fleet by then Patrick?
https://www.smh.com.au/business/comp...10-p5394d.html