EasyJet to offset carbon emissions on all flights

Nov 19, 2019

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

EasyJet’s famous for its bright orange and white livery. As of Tuesday, however, the airline’s going green in a major way.

The second-biggest low-cost carrier in Europe after Ryanair announced on Tuesday it plans to be the world’s first major airline to operate net-zero carbon flights across its network. According to a press release, as of Tuesday, the airline will offset carbon emissions from fuel used for all flights.

EasyJet’s carbon offsetting will be vetted according to Gold Standard and VCS, two international standards used to measure carbon offsets.  EasyJet CEO Johan Lundgren said that the carbon offset program will cost about £25 million per year, or $32 million, according to Reuters, though he admitted it’s not a long-term solution.

“We recognize that offsetting is only an interim measure, but we want to take action on our carbon emissions now,” Lundgren said. Since 2000, the airline says it has reduced the carbon emissions for each kilometer flown by a passenger by more than 33%.

In addition to carbon-offsetting its flights, EasyJet said it’s also signed a Memorandum of Understanding with Airbus to join a research project on hybrid and electric aircraft, with the goal of introducing sustainable aircraft operations. It’s also working with engine makers Rolls-Royce and Safran and with electric-airplane startup Wright Electric to develop new technology to reduce the carbon footprint of flying.

In reality, mass electric flying is likely a long way off. But EasyJet believes by investing in research now, it’s setting itself up to be at the forefront of the introduction of electric flying technology, having previously detailed plans to have an electric fleet by 2030.

“EasyJet has a long tradition of efficient flying — the aircraft we fly and the way we fly them means that EasyJet is already more efficient than many airlines,” Lundgren said. “However, our priority is to continue to work on reducing our carbon footprint in the short-term, coupled with long-term work to support the development of new technology, including electric planes which aspire to radically reduce the carbon footprint of aviation.”

The airline also reported a pretax net profit of £427 million ($552 milion) — in line with guidance, though down 26% from last year largely because of rising fuel prices. However, the carrier said that bookings for first-half 2020 are “reassuring” and slightly ahead of last year.

Featured photo by FABRICE COFFRINI/AFP via Getty Images.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points


CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®. Plus earn up to $50 in statement credits towards grocery store purchases within your first year of account opening.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
Regular APR
15.99%-22.99% Variable
Annual Fee
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.