PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1121911
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1121911
Stringent Regulatory Mandates will Foster Demand for Sustainability Programs
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.