Capital A aims for reduced emissions with new planes

One of the key methods for Capital A Bhd to cap carbon dioxide emissions at 85% of 2019 levels by 2026 is to gradually replace its Airbus A320 fleet. The aircraft should be replaced with A321neo planes which emit 20%-25% less CO2 per seat, compared with an A320 while also producing less nitrogen oxide and noise, said Maybank IB Research. It said Capital A’s carbon intensity has been rising due to increased fleet age, though it is still lower than other leading low-cost carriers. Going forward, the group has set an ambitious target of capping CO2 emissions at 85% of 2019 levels by 2026. Maybank said the group’s financial year 2022 (FY22) sustainability report was refreshing. However, there is room to improve, especially on its customer loyalty and female representation on its board of directors. The group has set ambitious environmental, social and governance (ESG) targets and this exhibits its commitment to its ESG initiatives. As at end FY22, the group operated 123 Airbus A320, 29 Airbus A320neo, two Airbus A321neo and one Airbus A330ceo. It will gradually replace the entire fleet with the A321neo, which is 10%-15% more fuel efficient than the Airbus A320.<br/>