CALGARY — The CEO of Canada's second-largest airline says the global push to decarbonize the aviation sector by 2050 will lead to a major increase in ticket prices unless governments step in to offer support. Alexis von Hoensbroech, the CEO of Calgary-based WestJet, made the comments at the 24th World Petroleum Congress, a major international oil-and-gas conference being held in that city this week. Von Hoensbroech says WestJet is the single biggest consumer of petroleum products in the oil-prod
CALGARY — The CEO of Canada's second-largest airline says the global push to decarbonize the aviation sector by 2050 will lead to a major increase in ticket prices unless governments step in to offer support.
Von Hoensbroech says WestJet is the single biggest consumer of petroleum products in the oil-producing province of Alberta, spending upwards of $1 billion annually on jet fuel.
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