What Happened
European Court Sides With Business Jet Manufacturer in Green Taxonomy Dispute
The European Court of Justice has ruled in favor of Dassault, stating that business jet manufacturers cannot be excluded from the EU’s ‘Green Taxonomy’ as ’transitional activities’. This decision is likely to have significant implications for the executive aviation industry, which has faced criticism over its emissions footprint. The ruling may impact access to capital for the industry, as it is considered a more sustainable option. The European Commission has announced plans to perform further analysis on the matter, which can be appealed. This development was first reported by AeroTime.