Net Zero Strategies in the Airline Industry – Thematic Intelligence
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Reasons to buy the ‘Net Zero Strategies in the Airline Industry’ thematic intelligence report:
- Get an overview of the emissions emanating from the airline industry.
- Identify the strategies adopted by airline companies to reduce carbon emissions and achieve net zero targets.
- Analyze key energy transition technologies that airline companies can deploy as part of their roadmap to a greener future.
- Gain in-depth insight into several case studies that will illustrate how some airline companies are already tackling their emissions.
How is our ‘Net Zero Strategies in the Airline Industry’ report unique from other reports in the market?
- Understand the current ESG trends within the airline sector, especially those related to emissions and net zero strategies.
- Assess the performance of major airlines in terms of emission targets and get a picture of all their emissions in one place.
- Discover leaders and laggards on the road to net zero to set smart business goals.
- Get an overview of Scope 1, Scope 2, and Scope 3 emission intensity of 20 major airline companies.
- Identify key net zero and emissions reduction strategies suitable for the airline sector.
We recommend this valuable source of information to anyone involved in:
- Airline Manufacturing and Technology – Leaders and Startups
- Business Development and Market Intelligence
- Investment Analysts and Portfolio Managers
- Professional Services – Investment Banks, PE/VC firms
- M&A/Investment, Management Consultants, and Consulting Firms
To Get a Snapshot of the Net Zero Strategies in the Airline Industry Thematic Report
Net Zero Strategies in Airline Industry Thematic Report Overview
Net zero means cutting greenhouse gas emissions (GHG) to as close to zero as possible. Any remaining emission is then ‘offset.’ Firms that achieve net zero emissions are called “carbon neutral.” Companies are under pressure to cut emissions as countries aim to achieve their climate commitments. Primarily, they aim to achieve net zero operations by reducing their Scope 1 and 2 emissions and purchasing offsets. Most airline emissions fall under the Scope 1 category, which covers emissions from assets owned by the company. Furthermore, to achieve their net zero emissions across the value chain, companies need to reduce their Scope 3 emissions as for many players it is the largest and most difficult to measure and reduce.
The “Net Zero Strategies in Airline” thematic intelligence report gives you an in-depth insight into the net zero targets and performance of 20 airline companies. The report elucidates the importance of a net zero strategy in the airline industry along with the progress made by the leading companies to achieve the emission target. These detailed analyses are critical in developing effective business plans to gain a competitive edge.
A Stylized Net Zero Strategy
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Leading Companies | · Ryanair
· Southwest Airlines · Emirates · IAG · Turkish Airlines |
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Airline Industry - Decarbonization Strategies
Scope 1 and 2 emissions are produced directly by companies in their operations and indirectly through the generation of purchased energy. To reduce Scope 1 and 2 emissions, airline companies can follow multiple strategies, including certified offsetting, fleet modernization, and in-flight efficiency among others. For instance, to achieve in-flight efficiency, companies can deploy disruptive technologies, such as artificial intelligence, cloud computing, and more, to enable intelligent route planning and other in-flight efficiency boosters. This will significantly reduce emissions from passenger and cargo aircraft and assist in achieving net zero targets within time.
It is difficult to calculate and to reduce Scope 3. However, airline companies can partner with sustainable vendors and incentivize sustainable practices to effectively tackle Scope 3 emissions.
Buy the Full Report for More Insights on Decarbonization Strategies in the Airline Market
Airline Industry - Net Zero Strategies of Leading Companies
A few airline companies practicing net zero strategies are Ryanair, Southwest Airlines, Emirates, IAG, and Turkish Airlines, among others.
Turkish Airlines: Turkish Airlines has set a target to achieve net zero by 2050 and reduce fuel consumption per ATK (available tonne kilometers) by 5% by 2025. The company has prioritized its decarbonization goals and focused its investments in renewable energy, Sustainable Aviation Fuels (SAF), and carbon offset programs. For instance, the voluntary carbon offset program CO2 mission was launched in August 2022, allowing passengers to offset the emissions of their flights, including those with other airlines.
Net Zero Strategies in the Airline Market Analysis by Companies
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Air Canada
Air France KLM
Airbus
American Airlines Group
ANA
China Eastern Airlines
China Southern Airlines
Delta Air Lines
easyJet
Emirates
IAG
IndiGo
Lufthansa
Qantas
Qatar Airways
Ryanair Holdings
Singapore Airlines
Southwest Airlines
Turkish Airlines
United Airlines Holdings
Table of Contents
Frequently asked questions
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What is net zero emission?
Net zero means cutting greenhouse gas emissions (GHG) to as close to zero as possible.
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What strategies airline companies can follow to reduce Scope 1 and 2 emissions?
To reduce Scope 1 and 2 emissions, airline companies can follow multiple strategies including certified offsetting, fleet modernization, and in-flight efficiency among others.
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How can airline companies reduce Scope 3 emissions?
Airline companies can partner with sustainable vendors and incentivize sustainable practices to effectively tackle Scope 3 emissions.
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Which are the leading companies practicing net zero emission in the airline industry?
A few airline companies practicing net zero strategies are Ryanair, Southwest Airlines, Emirates, IAG, and Turkish Airlines, among others.
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