The End of an Era: How EU Emission Standards Impact Budget Air Travel

  • Reading Time:2Minutes

The European Union’s stringent new emissions standards spell the end of the golden age of low-cost flights, as airlines grapple with the increased costs associated with purchasing emissions quotas. This additional burden is expected to be passed on to consumers, effectively raising ticket prices and making air travel less affordable, as reported by the international news agency V4NA.

Emissions Trading Scheme Reforms and their Impact on Airlines

In addition to the new emission reduction obligations, the European Union has introduced reforms to its emissions trading scheme. Starting in 2026, airlines will no longer receive free emission rights allocations and will be required to pay for their emissions. It is estimated that by 2027, European airlines will face over €5 billion in additional costs as a result of these changes.

New Reduction Obligations and the Pressure on Airlines and Customers

The updated European reduction obligations for aviation fuel will apply to all airlines operating flights to and from EU Member States. These regulations mandate that airlines use at least two per cent zero-emission fuel by 2025, with the requirement escalating to seventy per cent by 2050.

This move places additional pressure on airlines and their customers as they navigate the changing landscape.

Industry Reactions and the Future of Air Travel

Fredrik Kämpfe, head of the Swedish Transportföretagen, which oversees the aviation sector, has expressed optimism about the EU’s decision. However, he acknowledges that customers will likely face higher ticket prices. Experts have projected a price increase of over 40 euros for an average European trip, with even steeper increases for longer journeys.

Kämpfe believes that the industry will need to reassess its business models, particularly in light of the availability and pricing of sustainable fuel.

The Effects on Low-Cost Airlines

Two Dutch studies have revealed that the increased cost of emissions allowances alone could reduce the profits of low-cost airlines by a staggering 77 percent, according to V4NA. This significant reduction in profitability underscores the challenges that budget carriers will face in adapting to the new regulatory environment.

Source: v4na.com

Recent article

Drones News & Articles

Remote refuelling drone

Drones News & Articles

More and more things are being delivered by drones

EVTOL & VTOL News & Articles

New design solves one of the biggest problems of eVTOLs

Electric airplane News & Articles

Advancements in Propulsion Technology

EVTOL & VTOL News & Articles

Unraveling eVTOL Operational Costs and Solutions

Air taxi News & Articles

First urban air taxi services to start soon

News & Articles Propulsion-Fuel

Biofuel-Powered Aircraft and Drones

Flying Cars News & Articles

The Resilience of Flying Cars in Adverse Weather Conditions

Flying Cars News & Articles

A Chinese company may produce the AirCar flying cars

Air taxi News & Articles

Economic Dynamics of Urban Air Mobility

EVTOL & VTOL News & Articles

Suzuki to produce a flying car

Air taxi News & Articles

You can now order a flying taxi from the online shop

Additional aircraft News & Articles

Other notable aircraft

Air taxi News & Articles

Autonomous Air Traffic Control Systems

Drones News & Articles

Swarm Technology for Drones

News & Articles Propulsion-Fuel

Stratolaunch’s hypersonic vehicle launched for the first time

News & Articles Propulsion-Fuel

Centuries-old technology could revolutionise aviation

Flying Cars News & Articles

Alef’s flying car preparing for take-off
More articles you may be interested in...

Drones News & Articles

Swarm Technology for Drones

Swarm technology for drones represents a fascinating frontier in the development and application of unmanned.......... READ MORE

EVTOL & VTOL News & Articles

The Global Race for Air Mobility Supremacy: Who Are the Leading Players and Innovators ?

The transportation landscape is on the cusp of a revolutionary transformation, with electric vertical takeoff.......... READ MORE

News & Articles Propulsion-Fuel

The Environmental Impact of Electric Aviation: Beyond Zero Emissions

The environmental benefits of electric aviation are underpinned by the shift from burning fossil fuels.......... READ MORE

EVTOL & VTOL News & Articles

What Role Will Public Perception and Community Engagement Play in the Adoption of Urban Air Mobility ?

Urban Air Mobility (UAM), comprising air taxis and other Passenger Air Vehicles (PAVs), promises a.......... READ MORE

News & Articles Propulsion-Fuel

Stratolaunch’s hypersonic vehicle launched for the first time

The company did not say exactly what speed the vehicle accelerated to, but said it.......... READ MORE

News & Articles Propulsion-Fuel

How are emerging technologies like blockchain and IoT being leveraged to enhance the safety, efficiency, and user experience of urban air mobility services ?

Emerging technologies like blockchain and the Internet of Things (IoT) are poised to significantly enhance.......... READ MORE

News & Articles Propulsion-Fuel

Centuries-old technology could revolutionise aviation

The jet engine without moving parts is not new, but it is too expensive to.......... READ MORE

Air taxi News & Articles

Economic Viability: Are Flying Cars and eVTOLs Economically Viable for Mass Adoption ?

The dream of mass-market flying cars and electric Vertical Take-Off and Landing (eVTOL) aircraft hinges.......... READ MORE