Moody's: the environmentalism of air transport
Air carriers ability to reduce their CO2 emissions is limited
The US company Moody's, which specializes in financial research and analysis, has stated that the ability of airlines to reduce their harmful CO2 emissions is very limited. This situation is due to two main factors: the limited development of propulsion technologies and the still scarce supply of Sustainable Aviation Fuel (SAF).
The rating agency has determined that the credit impact of pollution on most airlines' accounts is moderately negative, as airlines emit mostly carbon and not other harmful gases.
However, the industry is particularly exposed to the risk of transitioning from carbon to more sustainable fuels. In particular, the impact of ESG (Environmental, Social and Governance) factors is highly negative for Portuguese airline Tap, Scandinavian Airlines, Turkish Airlines and Portuguese Sata Air.
AVIONEWS - World Aeronautical Press Agency