Industry reaction to news that the 38th ICAO Assembly last week reached agreement to develop a global market based mechanism (MBM) to tackle emissions from aviation was generally positive. IATA DG CEO Tony Tyler said: “Airlines need and want a global MBM. Without losing any of the momentum built up over these last two weeks, we are eager to get on with the detailed work needed to design the global scheme in time for finalization at the 2016 Assembly." Tyler acknowledged that ...

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