economy

British Airways to reward pilots for cutting fuel as airlines tackle higher costs

Jet fuel prices surged about 106% compared to a month ago, according to data from the week ending March 20 via the International Air Transport Association.

British Airways to reward pilots for cutting fuel as airlines tackle higher costs

TL;DR

  • British Airways is incentivizing pilots with a bonus to cut CO2 emissions by an additional 60,000 tons above 2025 levels.
  • The bonus is equivalent to 1% of pilots' base pay.
  • This initiative is driven by soaring jet fuel prices, influenced by the U.S.-Iran conflict.
  • The proposal will be voted on by BALPA members, representing 85% of U.K. pilots.
  • Other airlines like Cathay Pacific, United Airlines, Qantas, and Scandinavian Airlines are also raising fares or cutting flights due to high fuel costs.