EasyJet 2011 Annual Report Download - page 41

Download and view the complete annual report

Please find page 41 of the 2011 EasyJet annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 108

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108

easyJet plc
Annual report
and accounts 2011
Corporate responsibilityPerformance and risk
Overview Business review Governance Accounts & other information
39
We now use a single engine to taxi the aircraft before
departure at airports where it is possible to do this. This
saves 7.9 kg of CO2 per departure, and across the
network we have saved 1,380 tonnes of CO2 in the year
based on current usage.
New technologies and design
In 2011 we were the first commercial airline to trial a
revolutionary nano-technology coating on our aircraft
aimed at reducing drag and increasing fuel efficiency.
We are also regularly looking at ways to reduce weight
onboard and are currently looking at lighter seats in
thecabin.
Entry into ETS
Aviation entered ETS in 2010. In 2010 we were required
to report our CO2 emissions and the Revenue Tonne
Kilometres flown by easyJet. In 2012 we will be required
to surrender permits to cover CO2 emissions. ETS
compliance is overseen by our finance team. We have
put in place the appropriate mechanisms to monitor
and report the required data and to manage our
exposure to the carbon market.
Changing the industry framework
Achieving step change in the environmental efciency
of aviation will require significant progress in the
development of next-generation aircraft. Without
significant improvements in fuel efficiency it will not be
possible to increase the rate of environmental
efficiency improvement.
While we have seen some progress in the short-haul
market, with the development of the Airbus A320 NEO
and Boeing B737 MAX, we remain concerned that the
current effective duopoly in the production of large
commercial aircraft is restricting the development of
next-generation aircraft. There has been limited
progress on the development of a next-generation
short-haul aircraft and it is clear that it will be many
years before there is a new short-haul aircraft. We are
continuing to push the manufacturers to develop a
next-generation short-haul aircraft.
It is also vital that the policy framework set out by
governments supports the objective of increasing the
environmental efficiency of aviation. We believe there
are three parts to this, only one of which is in place.
Aviation in ETS
Aviation entered the EU Emissions Trading Scheme (EU
ETS) in 2010, and airlines will have to surrender permits
in 2013 to cover their 2012 emissions. We were a strong
supporter of aviation’s entry and we continue to believe
that this is the best way to ensure aviation makes its fair
contribution to tackling climate change.
Ensuring any taxes support environmental objectives
We do not support the imposition of aviation specific
taxes. However, where they are in place (such as the
UK) we believe they must be designed to provide
incentives for more environmentally efficient flying.
Thismeans the tax base must be flights, not passengers.
Minimum standards for aircraft
International minimum standards are needed to drive
the development of new technology aircraft.
Example only. Not a current offer.