The EU ETS process has vexed airlines and governments outside the EU like few other issues. Most industry people don’t want to discuss the process because there could be repercussions. Nonetheless European Business Aviation Association CO Pedro Vincente Azua spoke with us about the process and its impact on their association members. The impact is significant – in the first year EBAA estimates that an operator with 20 airplanes could see a cost of €70,000. The ETS disadvantageous EU-based airplane operators even as the non-EU operators get a one year holiday. We suspect there is going to be a lot of pressure within ICAO to push the ETS even further into the future – potentially taxing EU-aircraft operators even more. Not a pleasant outcome for the EU-operators.