We have to drastically reduce air travel to cope with global warming and excess CO2. It's pretty unethical to fly more than a few times a year. CO2 injected into the upper atmosphere causes 2-3x warming vs ground level CO2 emissions.
I believe the spectrums of IR absorbed by CO2 are already fully saturated, so that there is very little effect, if any, of increased CO2 levels in the atmosphere.
End result is the same however - the same fossil fuel is much worse when used in air travel than on the ground.