The "Fit for 55" package is a set of proposals put forward by the European Commission in July 2021 to help member states of the European Union decarbonise the European economy.

The global Business aviation community has long been mindful of the need to mitigate its impact on the environment. In 2009, the industry came together and announced the Business Aviation Commitment on Climate Change (BACCC)

Brussels, 18 January 2023. The World Economic Forum (WEF) held in Davos is known for attracting business leaders, politicians, and representatives with international and government and philanthropic organizations.

Brussels, Jan. 13, 2023 – A global coalition focused on business aviation sustainability announced today that the industry, aligned with the work of the World Economic Forum’s Clean Skies for Tomorrow initiative, is offering a market-based solution to help reduce carbon emissions for flights to and from the Forum’s Annual meeting in Davos, which begins on Jan. 16.

Brussels, Jan. 13, 2023 – A global coalition focused on business aviation sustainability announced today that the industry, aligned with the work of the World Economic Forum’s Clean Skies for Tomorrow initiative, is offering a market-based solution to help reduce carbon emissions for flights to and from the Forum’s Annual meeting in Davos, which begins on Jan. 16.

So far, the 2020s have been an interesting time for European Business aviation. Following the uncertainty of COVID-19 and its impact on aviation as a whole, our industry hit new heights in July 2021, recording our busiest month ever with around 85,000 flights. This trend has continued into 2022, as commercial aviation has struggled to come to terms with rebounding demand of travellers.

Montreal – October 7, 2022 – The International Business Aviation Council (IBAC), alongside EBAA, applauds the adoption of a long-term aspirational goal for international aviation of net-zero carbon emissions by 2050, by governments gathered for the 41st ICAO Assembly this week. The decision sends an important signal of the resolve of the international aviation community to decarbonize.