Sustainability Growth Opportunities in Full service Carriers and Low cost Carriers
Description
Sustainability Growth Opportunities in Full service Carriers and Low cost Carriers
This Frost & Sullivan study identifies the sustainability efforts made by low-cost carriers (LCCs) and full-service carriers (FSCs). LCCs take cost as a major factor in sustainability; as they work with low margins, they cannot increase cost to achieve sustainability. As a result, they look for other means to acheive sustainable operations; for example, the introduction of fuel-efficient aircraft. Major LCC participants such as EasyJet, IndiGo, and Southwest are aggressively inducting aircraft such as the A320neo family and the B737max family airccraft, and their primary objective is to reduce fuel usage and carbon emissions. FSCs have taken the lead in sustainable aviation fuel (SAF), which is still in the testing stage; nevertheless, airlines such as Lufthansa, Etihad, British Airways, and Singapore Airways have booked their stock of this fuel for the future. In addition, single-use plastic has been on the hit list of almost all airlines, thanks to changing government policies for single-use plastic.
KEY ISSUES ADDRESSED:
What cost-efficient sustainability measures is the aviation industry taking?
How are airlines across the world dealing with single-use plastic?
How are IT advancements being applied in the optimization of operations and revenue?
Can small measures have a big impact?
What approaches are LCCs and FSCs choosing to achieve sustainability goals?
This Frost & Sullivan study identifies the sustainability efforts made by low-cost carriers (LCCs) and full-service carriers (FSCs). LCCs take cost as a major factor in sustainability; as they work with low margins, they cannot increase cost to achieve sustainability. As a result, they look for other means to acheive sustainable operations; for example, the introduction of fuel-efficient aircraft. Major LCC participants such as EasyJet, IndiGo, and Southwest are aggressively inducting aircraft such as the A320neo family and the B737max family airccraft, and their primary objective is to reduce fuel usage and carbon emissions. FSCs have taken the lead in sustainable aviation fuel (SAF), which is still in the testing stage; nevertheless, airlines such as Lufthansa, Etihad, British Airways, and Singapore Airways have booked their stock of this fuel for the future. In addition, single-use plastic has been on the hit list of almost all airlines, thanks to changing government policies for single-use plastic.
KEY ISSUES ADDRESSED:
What cost-efficient sustainability measures is the aviation industry taking?
How are airlines across the world dealing with single-use plastic?
How are IT advancements being applied in the optimization of operations and revenue?
Can small measures have a big impact?
What approaches are LCCs and FSCs choosing to achieve sustainability goals?
Table of Contents
34 Pages
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8
- The Impact of the Top 3 Strategic Imperatives on the Airline Sustainability Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
- Growth Drivers
- Growth Driver Analysis
- Growth Restraints
- Growth Restraint Analysis
- United Nations' Sustainable Development Goals
- Sustainability in LCCs
- JetBlue Airways-Integrating AI
- IndiGo-3 Pillars of Sustainability
- GOL Linhas Aereas-Virtual Baptism
- SAF-Crucial to Sustainability in FSCs
- Single-use Plastic-The Biggest Enemy of Airlines
- Etihad-Greenliner
- LATAM-Moving away from Single-use Plastic
- Icelandair-Recycled Baggage Tags
- Growth Opportunity 1: Induction of Fuel-efficient Aircraft
- Growth Opportunity 2: Replacement of Single-use Plastic
- Growth Opportunity 3: Introduction of Artificial Intelligence and Machine Learning in Operations
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