How Airlines can Chart a Path to Zero-carbon Flying

Delivering sustainable economic growth
Posted May 17, 2020 | Mckinsey&Company, Alex Dichter, Kimberly Henderson et al

Before the Covid-19 pandemic, the airline industry faced the challenge of reducing its carbon emissions in line with international goals to reach net-zero emissions by 2050. Airlines have an intrinsic interest in more fuel-efficient flying. In 2009, the industry set ambitious targets that include carbon-neutral growth from 2020, and halving net emissions from 2005 levels, by 2050. The COVID-19 pandemic has severely hurt the industry, and low-carbon goals will be essential in the post-pandemic period say Alex Dichter, Kimberly Henderson et al in this article for Mckinsey&Company.


Modernising fleets and improving operational efficiency are important, but annual industry growth offfsets the emissions that they save. Carbon offsetting holds promise and can serve as a bridge while the industry reduces its emissions, but the transformative option is sustainable aviation fuel (SAF). Because the industry has long-lived assets, decisions are crucial now, and require collaboration in building financial structures to funnel capital into SAF production.


https://www.mckinsey.com/industries/travel-transport-and-logistics/our-insights/how-airlines-can-chart-a-path-to-zero-carbon-flying?

 

Share |
print button Print
Related Articles:

Members Online
There are 4 guests online

updating...

Popular Articles

Popular Videos














CNN World News

 

Al Jazeera World News

 

BBC World News