French lawmakers have voted to ban domestic flights on routes that can be reached by train in less than two and a half hours, Reuters reportedSaturday’s vote is part of France’s larger climate law, which aims to cut 1990 CO2 emissions by 40 percent over the next decade.
Last week, the French government said it would contribute 4 billion euros ($ 4.7 billion) to recapitalize airline Air France-KLM. The airline warned it expects an operating loss of $ 1.3 billion when it reports its first quarter earnings next month. The airline industry is teetering from the effects of the coronavirus pandemic, which has led to a sharp decline in global travel over the past year.
“We know that aviation contributes to carbon dioxide and that climate change means that we need to reduce emissions,” French Industry Minister Agnes Pannier-Runachershe told Europe 1 radio. “Likewise, we must support our companies and not let them out.”
Analysts from McKinsey & Co. The aviation industry will feel the effects of the coronavirus pandemic for years to come, predicting that air traffic will not return to its 2019 levels until 2024.
The bill to reduce domestic flights is going for a vote next to the French senate.