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American Airways Amongst High Sustainable Airways within the World for 2024: You Want To Know
Tuesday, December 24, 2024
American Airways has as soon as once more demonstrated its dedication to environmental, social, and governance (ESG) excellence, incomes a spot on the Dow Jones Sustainability World Index (DJSI World) for the second 12 months operating. This achievement highlights the airline’s position as a trailblazer in sustainability inside the world aviation sector.
As considered one of solely two passenger airways included within the DJSI World, American Airways continues to set itself aside by prioritizing modern, sustainable practices. Including to its accolades, the corporate has additionally secured its spot on the Dow Jones Sustainability North America Index (DJSI North America) for the fourth consecutive 12 months.
These recognitions mirror American Airways’ unwavering dedication to lowering its environmental influence, fostering social accountability, and main the trade towards a greener future. The airline’s constant presence on these indices underscores its efforts to form a extra sustainable and accountable aviation panorama.
“We are proud to be recognized for the progress we’ve made to advance sustainability and resilience in aviation,” mentioned American’s CEO Robert Isom. “Thanks to the hard work of our dedicated team members, American continues to improve the reliability of our operations, support our team and customers, and back innovative solutions to drive a sustainable future for aviation.”
Dow Jones Sustainability World Index Acknowledges World Leaders, Together with American Airways
The Dow Jones Sustainability World Index (DJSI World) identifies world leaders in sustainability via S&P World’s Company Sustainability Evaluation. Representing the highest 10% of the biggest 2,500 corporations inside the S&P World Broad Market Index, it evaluates long-term financial, environmental, and social efficiency.
American Airways: Highlights of Current Sustainability Achievements
American Airways’ inclusion within the DJSI World displays its dedication to sustainability, with key milestones highlighted in its 2023 Sustainability Report, which outlines progress on main initiatives over the previous 12 months.
Investing in Workforce Members
In 2024, American Airways finalized a five-year settlement with its flight attendants, represented by the Affiliation of Skilled Flight Attendants (APFA). This settlement delivers over $4.2 billion in compensation and quality-of-life enhancements for 28,000 flight attendants.
The airline additionally reached a 27-month settlement with its Technical Operations, Fleet Service, Cargo, and Central Load Planning staff members, represented by the TWU-IAM Affiliation. This settlement enhances pay and advantages for greater than 35,000 workers.
American earned an ideal rating of 100 on the Incapacity Equality Index and was acknowledged as the most effective workplaces for incapacity inclusion.
Trade-Main Operational Reliability
In 2024, American Airways managed a 5.7% improve in passenger numbers whereas sustaining its place as an trade chief in on-time departures and arrivals, showcasing its dedication to operational excellence.
Strengthening Sustainability Efforts
Partnering with Google Analysis and Breakthrough Power, American participated in a groundbreaking research on contrail avoidance. The analysis affords promising insights for reaching net-zero objectives within the aviation sector.
American expanded its collaboration with ZeroAvia, a frontrunner in hydrogen-powered flight applied sciences. In July 2024, the airline introduced a conditional settlement to buy 100 hydrogen-electric engines for regional jets—the biggest order ZeroAvia has obtained up to now.
American Airways continues to reveal its management in sustainability and innovation, reflecting its dedication to creating a greater future for the aviation trade. Additional particulars on these initiatives will be discovered within the firm’s 2023 Sustainability Report.
