Arab Air Carriers Org. Secretary General Abdul Wahab Teffaha estimated that inclusion of aviation in the EU's Emissions Trading Scheme will cost his member airlines around €200 million ($281.6 million) in 2012, the first year that carriers are scheduled to be included. "This is a conservative estimate and covers only the cost of offsetting the emissions. It does not include the expenditure needed to implement the systems to comply with the rules," Teffaha told ATWOnline during the SITA ...

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