- 4AIR now supports compliance monitoring and full-service
reporting for 21 additional regulatory schemes worldwide
- Puts regulatory compliance on autopilot for aviation operators,
reducing administrative burdens and avoiding financial surprises
from new or changed programs
- 4AIR is also tracking 36 new programs or changes to existing
ones that could affect business aviation operators in the next few
years through its PolicyWatch tool
- Strengthens the company's commitment to simplifying voluntary
and regulatory sustainability across the industry
CLEVELAND, Nov. 19,
2024 /PRNewswire/ -- 4AIR, the global leader in
business aviation sustainability, today announced the expansion of
its comprehensive regulatory compliance program to support 21 new
regulatory schemes worldwide. This enhancement ensures aviation
operators are in full compliance amid new and constantly evolving
regulatory schemes and provides them better oversight to the
forecasted financial impact on a per aircraft level.
The expansion covers a wide variety of regulatory frameworks
across different jurisdictions, addressing emissions tracking,
reporting, taxes and duties, and offsetting requirements. Major new
programs include the Contrail Monitoring, Reporting and
Verification (MRV) requirement under the EU Emissions Trading
Scheme (EU ETS), Refuel EU reporting and fuel procurement
compliance, and the Portugal Carbon Tax (PCT).
Additional programs include adjacent non-environmental reporting
programs that are administered similarly, easing operator
compliance with broader programs like the UK Air Passenger Duty
(APD) and French Solidarity Tax.
"As sustainability regulations continue to evolve, our goal is
to stay ahead of the curve, providing predictability and seamless
solutions that remove the complexities of compliance for our
clients," said 4AIR President, Kennedy
Ricci. "Potential non-compliance costs with new programs are
significant, even for business aviation. The expansion of our
program is designed to ensure comprehensive coverage for our
clients and support adjacent reporting requirements."
4AIR provides monthly reports for clients of current and
projected compliance costs, allocates specific costs to the
applicable flight, helps monitor and manage activity against new
and existing reporting and compliance thresholds, and any other
data analysis or emissions tracking requested. Additionally, if
compliance or reporting to a program is required, 4AIR will manage
the entire process including obtaining third party verification and
communicating with regulators.
This service is designed to alleviate the administrative burdens
on operators, allowing them to focus on operational efficiency and
growth while remaining aligned with regulatory demands.
For more information about 4AIR's expanded compliance program
and services, please visit
https://www.4air.aero/regulatory-compliance. For updates on future
potential programs or changes that can affect business aviation
visit 4AIR's PolicyWatch tool:
https://www.4air.aero/policywatch.
About 4AIR:
4AIR is an aviation industry pioneer offering sustainability
solutions beyond just simple carbon neutrality. Its industry-first
framework aims to tackle climate impacts of all varieties,
providing a streamlined and verifiable pathway for aviation
industry participants to effectively counteract and reduce aircraft
emissions. The 4AIR framework comprises four levels, each equipped
with specific, science-based objectives, independently verified
results, and increasingly significant impacts on sustainability.
This approach facilitates easy adoption for private aviation users
seeking sustainability, providing access to carbon markets,
sustainable aviation fuel (SAF), support for new technologies, and
other strategies. For further details, visit www.4air.aero.
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