Travel Brands Stick With Carbon Capture Firm Despite Layoffs and Setbacks

Carbon capture may be a promising climate solution, but the gap between promise and delivery is growing harder to ignore.

Travel companies working with Swiss carbon dioxide removal firm Climeworks told Skift they are sticking with the company, even as it struggles to scale up operations and makes deep job cuts.

Climeworks, which built the world’s first commercial plant that removes carbon dioxide directly from the air and stores it underground, recently announced it would lay off more than 20% of its workforce.

The company cited “macroeconomic uncertainty and shifting policy priorities.”

Climeworks has deals in place with several well-known travel companies, including Lufthansa, SWISS Air, British Airways, and the Adventure Travel Trade Association (ATTA).

Swiss Air, part of the Lufthansa Group, was Climeworks’ first aviation customer in 202