25-Mar-2011 11:36 AM

China airlines to challenge EU carbon tax: report

China Air Transport Association stated the EU carbon tax would cost the carrier an additional CNY800 million (USD122 million) p/a (Beijing News/AFP, 24-Mar-2011). This would increase to CNY3 billion p/a by 2020 according to the association. Air China, China Southern and China Eastern are reportedly planning to jointly lodge a legal case with the China Air Transport Association with Hainan Airlines also considering taking part in the litigation.