RIYADH: International airlines have invested around $1 trillion in the last 10 years to reduce carbon emissions and cut dependence on traditional fuel, said a top Boeing executive.
“Boeing has invested $60 billion over 10 years in research and technology to build and design new products. Airlines have invested $1 trillion in a decade to buy these new fuel-efficient planes,” Brian Moran, the vice president of global sustainability policy and partnerships for Boeing, told Arab News on the sidelines of the Future of Aviation Forum in Riyadh.
Moran said sustainability has become even more important following the outbreak of the pandemic.
“The airlines agreed to reach net-zero emission by the middle of the century. My particular role was looking for new partnerships and supporting the customers on their journey to net-zero,” Moran explained.
One of the main themes at the forum was sustainability and reduction of carbon emissions as speakers from different companies highlighted the efforts of their firms to meet these targets in the future.
