Close Menu
    What's Hot

    IB Supports SOL, Galaxy Doubles Down

    April 1, 2026

    UraniumX Discovery closes $1.05M first tranche of private placement

    April 1, 2026

    Big Tech, Wall Street Bring AI to Performance Reviews

    April 1, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Stocks»UN aviation agency at 80 challenged by climate change, rising traffic By Reuters
    Stocks

    UN aviation agency at 80 challenged by climate change, rising traffic By Reuters

    Press RoomBy Press RoomDecember 5, 2024No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By David Shepardson and Allison Lampert

    CHICAGO/MONTREAL (Reuters) -A global blueprint for modern air travel struck 80 years ago this week faces fresh tests managing change and rising air traffic in the developing world, a senior official at the UN’s aviation agency told Reuters.

    On Thursday, the UN’s International Civil Aviation Organization (ICAO) is bringing together regulators and industry executives including from Boeing (NYSE:) and Airbus in a special session at the Chicago site marking its birthplace.

    With no policing powers, ICAO uses consensus to set standards on everything from runways to seat belts. The agency was created after the United States invited more than 50 allies to agree in 1944 to a common air navigation system.

    The signing of the Convention on International Civil Aviation on Dec. 7, 1944, underpinned support for the creation of ICAO and its reliance on multilateralism to manage the skies.

    U.S. Transportation Secretary Pete Buttigieg said on Wednesday at a reception at the Hilton Chicago Hotel, formerly the Stevens Hotel where the convention was adopted, that ICAO helped ensure air travel as the safest mode of transportation.

    “The safety record is a marvel of collective action, responsible choices, policy and regulation and standards that sometimes is as unglamorous as it gets, but it makes everything else possible,” Buttigieg said.

    That post-war cooperation is now being tested by a rise in populism, even as ICAO confronts challenges unforeseen in 1944, like concern over emissions from global aviation.

    “We are going to celebrate the past, of course, but we want to take this opportunity, this celebration to look forward,” said ICAO Council President Salvatore Sciacchitano in an interview this week at the agency’s Montreal headquarters.

    As ICAO moves toward its next triennial assembly in 2025, Sciacchitano said the organization is working with investors and fuel producers to support higher volumes of sustainable aviation fuel, a scarce but key resource to lower emissions from flights. In 2022, ICAO set a long-term goal for net-zero aviation emissions by 2050.

    Similarly, management of a limited supply of airspace as traffic swells from Asia and the Middle East will be a priority over the next 25 years, Sciacchitano added. Passenger growth for Asia-Pacific will be approximately double that of Europe over the next five years, he said.

    The agency has faced criticism for its slow pace of decision-making, often trailing industry advances, even as environmental groups have said ICAO has failed to set ambitious enough climate targets.

    In recent years, ICAO has faced tests from some of its own member countries, with resolutions at the agency’s last assembly in 2022 directed at three countries – Russia, Belarus and North Korea – for violating articles of the Chicago Convention.

    In a rare rebuke to a member state, Russia lost its council seat in 2022 over its invasion of Ukraine which violated Ukraine’s sovereign airspace.

    MISSILES AND DRONES

    “Instead of civil aircraft traffic, we experience the constant traffic of missiles and drones every single day,” Ukraine’s ambassador to Canada, Yulia Kovaliv, told a special council session in Chicago on Thursday.

    © Reuters. FILE PHOTO: An Airbus A321 XLR aircraft during a flying display at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 20, 2023. REUTERS/Benoit Tessier/ File Photo

    She said Ukraine supports council efforts to weigh a dispute over the 2014 downing of Malaysia Airlines Flight MH17 over eastern Ukraine by what international investigators and prosecutors say was a Russian-made surface-to-air missile.

    Russia, which has denied responsibility for MH17, was not immediately available for comment.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    XRP fails to top $1.41 despite Ripple’s partnership with Aviva

    February 15, 2026

    Citi sees 3 major risks in Pinterest stock’s path to recovery

    February 15, 2026

    Commodity wrap: gold, silver tumble as rate cut bets fade; oil slips 3%

    February 14, 2026
    Leave A Reply Cancel Reply

    LATEST NEWS

    IB Supports SOL, Galaxy Doubles Down

    April 1, 2026

    UraniumX Discovery closes $1.05M first tranche of private placement

    April 1, 2026

    Big Tech, Wall Street Bring AI to Performance Reviews

    April 1, 2026

    Ethereum Price Prediction: Outperformed Bitcoin

    April 1, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • April 2026
    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.