With aviation emissions increasing faster than projected and consumer demand continuing to grow, air travel is ripe for electrification

September 19, 2019
Owning the Energy Transition More...
Markets More...
by Chloe Holzinger
Average importance

A new report by the International Council on Clean Transportation (ICCT) finds that aviation emissions are increasing 70% faster than UN projections. Meanwhile, Airbus forecasts that urbanization and the growing global middle class will drive the number of commercial aircraft in operation to more than double in the next 20 years. Lux expects that increasing emissions regulations combined with this increased demand will drive a shift in air travel business models from today's hub-and-spoke system, which relies on fossil fuel-dependent,100-passenger commercial airliners, to a distributed system with shorter, more frequent flights on smaller planes accommodating only 20 to 50 passengers, as these can be electrified using existing technologies.

For the original news article, click here .

Further Reading

Norway's OSM Aviation places largest all-electric airplane order to date – 60 units from Colorado's Bye Aerospace

News Commentary | April 22, 2019

OSM Aviation is a Norway‑based specialist in pilot recruitment and training. In a bid to lower the cost of its training, OSM has placed what it claims is the largest order for all‑electric planes yet: 60 units from Colorado‑based Bye Aerospace. Each plane costs $350,000 and is slated to cost just $... To read more, click here.

Airline passenger traffic is 98% lower in Germany; freight more than 21% lower

News Commentary | April 12, 2020

In the week between March 30 and April 5, only 97,693 passengers were registered at German airports, compared to approximately 4.5 million in the same week in 2019. That means that passenger air traffic is 98% lower as a result of the COVID‑19 global lockdowns. Freight air traffic is affected too, ... Not part of subscription

AMS's forecast of Q2 performance is too optimistic

News Commentary | April 30, 2020

AMS's share jumped 22% after it reported its excellent Q1 performance with a revenue of $501 million and a margin of 20% and forecasted an optimistic second quarter. Despite the global pandemic, AMS's outstanding performance in Q1 is not surprising for two reasons: 1) the impacts have delays; 2) the... Not part of subscription