• Africa,  aviation,  Gambia

    Thomas Cook Failure: the Destination Impact

    The collapse of Thomas Cook and its impact on UK outbound customers has had a great deal of coverage. Less attention had been paid to the impact in destinations. There were 600,000 stranded holidaymakers and hundreds of thousands had their holidays cancelled. Upsetting but those abroad were repatriated and all those covered by ATOL or their credit cards got their money back. For many destinations, the collapse of Thomas Cook created an existential threat. The Gambia In 2018 the UK accounted for close 30,436, in the first 6 months of 2019, there were 28,772. It is fair to say that The Gambia was growing in popularity in the UK market.…

  • aviation,  Carbon,  Climate change

    No real progress at ICAO on reducing carbon emissions

    At the close of the 38th session of International Civil Aviation Organization (ICAO) on Friday the ICAO States committed the organisation to develop a global market-based measure (MBM) to limit the growth of international aviation emissions. The key paragraph is 5 on page 13: “Resolves that States and relevant organizations will work through ICAO to achieve a global annual average fuel efficiency improvement of 2 per cent until 2020 and an aspirational global fuel efficiency improvement rate of 2 per cent per annum from 2021 to 2050, calculated on the basis of volume of fuel used per revenue tonne kilometre performed”. This commitment is purely aspirational and voluntary Paragraph 5…

  • aviation,  Carbon,  Climate change,  Uncategorized

    Emissions Trading isn't working and may be dangerous

    While we wait to hear in October whether the EU will be extending emissions trading to international aviation it is worth reflecting that the cost of carbon pollution  is very low. Not much of an incentive. On the carbon offsetting website Terrapass you can buy a metric tonne for $13.12 EU Allowances (EUAs are trading at around €5.5 as I write this For the background on the EU ETS As they argue “By putting a price on carbon and thereby giving a financial value to each tonne of emissions saved, the EU ETS has placed climate change on the agenda of company boards and their financial departments across Europe. A…

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