The global demand for new aircraft is expected to reach 39,000 by 2040, driven by a need for fuel-efficient models.

Airbus expects much of the demand to come from the Asia-Pacific region, driven by 3.2% annual passenger traffic growth.

The Asia-Pacific region and North America are expected to account for 22% and 20% of aircraft deliveries, respectively.

China leads aircraft deliveries with a 20% share, mostly single-aisle jets.

Boeing and Airbus are receiving increased orders for next-generation fuel-efficient models.

The global single-aisle aircraft market is expected to reach $222.20 billion by 2030, driven by demand for air travel and fuel efficiency.

The demand for fuel-efficient aircraft is driven by environmental concerns, rising air traffic, and the need to reduce operating costs.

The aviation industry is shifting towards greater efficiency and sustainability, with Boeing investing $725 million in sustainable technologies.

NASA will cut emissions by 30% with its new X-66A aircraft, investing $425 million in its development.

The global sustainable aviation fuel market is expected to reach USD 2987.5 million by 2027, driven by reduced GHG emissions and high fuel efficiency.

The introduction of a carbon tax in 2026 supports the adoption of sustainable aviation fuel.

Airbus's A350XWB reduces CO2 emissions by 20-25%, and the company plans to launch zero-CO2 aircraft by 2035.

The EU aims to reduce emissions by 55% by 2030, achieve carbon neutrality by 2050, and has launched a zero-emission aviation alliance.

Airbus is testing hydrogen engines by 2026 and plans hydrogen-powered aircraft by 2035.

Sustainable aviation fuel can reduce greenhouse gas emissions by up to 80% compared to fossil jet fuel.

The aviation industry, including CFM International, targets zero emissions and a 20% fuel reduction by 2050.

Government incentives and policy support are key to accelerating sustainability in the aviation sector through regulations and sustainable fuel incentives.

The global demand for new aircraft is expected to reach 39,000 by 2040, driven by a need for fuel-efficient models.

Title:

Content: Europe ’ s airports are in chaos: what is the current state of the aviation industry?
| Economic Horizontal | DW | 22.06.2022
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Economic stratification
Europe ’ s airports are in chaos: what is the state of the aviation industry?
The summer vacation period has begun.
However, the journey of how many people to the land of their dreams begins at the chaotic airport, from hours of queues, flight delays to temporary cancellations, frustration and trouble.
As this year ’ s International Air Show (ILA) in Berlin approaches, let ’ s take a look at the current state of the aviation industry.
Traveling in May and the first few weeks of June is enough to give an accurate sense of what the summer might be like at European airports.
In the coming weeks, passengers will need to carry one of the most necessary “baggage ”: patience.
At German airports, queues at check-in counters are getting longer and longer.
The main reason for this is that there is an acute shortage of staff in the airport services: both security personnel and baggage handlers on the tarmac.
Just recently, easyjet, a low-cost airline, announced that it would cancel thousands of flights in the coming weeks due to a lack of staff.
During the height of the pandemic, many service providers laid off staff.
The client then tends to try to find a better-paid job.
Ralph Beisel, chief executive of the German Airports Association (ADV), explained that if people want to return to work, they first have to go through a lengthy security review.
At present, the airport is short of about one-fifth of its staff.
He therefore called for the review process to be expedited so that people could be hired more quickly: “The security review cannot take eight weeks, because then the summer vacation can be over ”.
We're short of manpower.
It's not just the lack of staff on the ground.
There are also "bottlenecks" in the air.
Lufthansa, for example, will have to cancel hundreds of flights in July because of a shortage of staff.
The union feels its position has been confirmed.
"It has long been clear that radical layoffs in many sectors of the airline industry will have a negative impact on recovery," said Stefan Herth, president of Cockpit.
Finding enough pilots quickly, however, is no easy task -- globally. Heinrich Großbongardt, an aviation expert in Hamburg, points out that in the United States, regional traffic pilots are now employed on even better terms than previously thought to be the best.
As a result, labour rights are on the increase.
Lufthansa may even face a pilot strike because management intends to reduce the number of its parent company ’ s airliners and move them to a cheaper subsidiary, Eurowings, to help achieve the cost-cutting that must be done.
Lufthansa, which was battered during the pandemic, is now trying to reposition itself and hopes to offer services to passengers quickly again.
But it's difficult.
Last month, Lufthansa chairman Carsten Spohr admitted: "I have had to apologise repeatedly to our customers for weeks; I am afraid I will have to do so after the summer."
Long range, expensive fuel.
Then, there are other problems: fuel prices have skyrocketed due to the war in Ukraine; aircraft flying to the Far East have had to make a detour due to the closure of Russian airspace, which has led to a sharp increase in flight costs.
Aviation expert Gros Bangat warned that high costs could leave some airlines in trouble and lead to bankruptcies — for example, small state-owned airlines that are largely state-funded but can ’ t be truly profitable.
They are also unlikely to be sheltered by connected aviation tycoons such as Lufthansa, British Airways or Air France / KLM.
On the contrary, Lufthansa is intent on swallowing smaller airlines such as ITA Airways, the successor to Alitalia.
Grosspungart suspects that Swedish airline SAS may soon be one of the targets of the acquisition.
Berlin Mayor Franziska Giffey and Brandenburg Governor Dietmar Woidke at the Berlin International Aerospace Biennale 2022
Against this backdrop, the International Air and Space Biennale (ILA) opened on Wednesday at Berlin-Schönefeld Airport.
Due to the pandemic, the 2020 session was not held.
Due to the war in Ukraine, military aviation may be more of a concern than before.
Environmental protection will also be a major issue.
There are still huge losses this year.
This has actually given momentum to aircraft manufacturers, first Airbus and Boeing.
After all, using more fuel-efficient aircraft helps airlines meet their emissions targets.
Airbus, for example, expects that 39,000 aircraft will be needed globally by 2040 to replace older, less fuel-efficient aircraft.
Boeing estimates that annual air traffic in Europe alone will grow by 3.1% by 2040.
However, aviation expert Carlos Bongat said the forecast was too optimistic.
He believes that given the large number of problems that still exist, especially due to rising costs and rising ticket prices, it is difficult to achieve the relevant forecasts.
After two consecutive years of losses from the pandemic, the airline industry has some reason for optimism.
Willie Walsh, director-general of the International Air Transport Association (IATA), said at the Doha conference on Monday that it is fully on track to turn a profit in 2023.
However, for this year, the airline industry still expects a loss of 9.7 billion dollars.
Not a small number, of course, but much less than the two pandemic plague years of 2020 and 2021: the total losses for those two years were $138 billion and $42 billion, respectively.
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DW.COM

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

Airbus expects much of the demand to come from the Asia-Pacific region, driven by 3.2% annual passenger traffic growth.

Title:

Content: Airbus: Pacific will need 920 new aircraft in two decades - Sunrise Gate
Monday 27 February 2023 3: 14 PM Cairo Cairo 24 °
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Airbus says Pacific will need 920 new aircraft in two decades
Amsterdam - DBA
Published on: Monday 27 February 2023 - 2: 35 PM | Last updated on Monday 27 February 2023 - 2: 35 PM
European aerospace giant Airbus says airlines in the Pacific will need to take delivery of 920 new aircraft over the next 20 years.
This was based on a study conducted by Airbus on demand.
Airbus expects global demand to reach 39,490 new aircraft over the next two decades, including 17,620 in the wider Asia-Pacific region.
According to Airbus ’ global market outlook, demand in the Pacific will be driven by growth in passenger traffic in the region, which averages 3.2% per year.
The projected demand will be about 750 single-aisle aircraft, such as the A220 and A320 classes, and about 170 wide-body aircraft, such as the A330neo and A350, it said.
About 55 per cent of these aircraft are for growth, and 45 per cent are for replacement aircraft currently in service.
Stephen Forshaw, Airbus ’ chief representative for Australia, New Zealand and the Pacific, reviewed the study on the eve of the Avalon Air Show, which is scheduled to start tomorrow, February 28, and run until March 5, in Melbourne.
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The Asia-Pacific region and North America are expected to account for 22% and 20% of aircraft deliveries, respectively.

Title:

Content: Cirium expects 45,000 more fuel-efficient aircraft to be delivered by 2040, worth $2.9 trillion
Cirium predicts that over the next 20 years, the world will spend $2.9 trillion on about 45,000 new aircraft.
• New aircraft expected to be delivered will replace the ageing fleet to meet projected annual growth of 3.7% in air passenger traffic
Single-aisle jets are expected to account for 70% of passenger aircraft deliveries by 2040
• China is expected to top the list with a 20% share in aircraft deliveries – the region ’ s air passenger growth is expected to exceed 6%
• Around 80% of existing passenger aircraft will be retired between 2021 and 2040
Over 3,500 freighter deliveries over the next 20 years – including new freighters and modified airliners
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An estimated 45,000 aircraft worth U.S. $2.9 trillion to be delivered by 2040.
Revealed in Cirium's new Fleet Forecast.
LONDON -- The newly released 2021 Cirium Fleet Forecast shows that around 45,000 new, more fuel-efficient aircraft will be purchased globally over the next 20 years, with an estimated $2.9 trillion in aircraft purchases.
According to the Cirium Fleet Forecast released by Ascend by Cirium, a consulting firm of aviation analytics firm Cirium, global cumulative aircraft deliveries for the next 20 years will be 4% higher than predicted a year ago by 2040.
The report outlines the positive outlook for the aviation industry and its recovery from the COVID-19 pandemic.
The COVID-19 pandemic has severely affected air travel, as well as aircraft deliveries.
Global aircraft deliveries fell by 43% - or 600 aircraft - in 2020.
Aircraft deliveries recovered somewhat in 2021, but are still 25% below 2019 levels.
Air travel is reopening as global vaccination programs become more widespread, leading to an increase of 300 aircraft deliveries in 2021 — a feat achieved when Boeing 787 was found to be problematic.
Rob Morris, Global Advisory Director, Ascend by Cirium, said: “The Cirium Fleet Forecast 2021 presents an optimistic long-term outlook for the aviation industry, which will return to a more traditional growth trajectory after 2024, although structurally different from before.
Air passenger traffic is expected to grow at an annual rate of 3.7%, so the global passenger fleet will need to increase by almost 22,000 aircraft.
“If the above projections are realized, the global passenger fleet will reach the size of about 47,200 aircraft by the end of 2040. ”
The projected delivery of new aircraft will not only meet the growing demand for air transport, but will also replace older aircraft that are less fuel efficient. "
China leads in aircraft deliveries
The number of aircraft deliveries will vary depending on the region where the airline is located, and the Asian market is expected to be the growth engine.
China is expected to lead the world with more than 6% growth in air passenger traffic – also topping the list in aircraft deliveries, accounting for 20% of the world ’ s total.
China ’ s delivery figures are significantly ahead of all other Asia-Pacific countries, which together account for 22% of the total.
North American carriers are expected to account for 20 percent, while European carriers will account for 17 percent.
The Middle East is estimated to account for 7% of the share, but because the region will deliver a large number of twin-aisle aircraft, it will account for 11% in terms of aircraft value.
Latin America, which is similar to the Middle East, will also account for 7%.
Russia and the Commonwealth of Independent States (CIS) accounted for 4%, and Africa accounted for 3%.
Most of the new deliveries will be single-aisle jets
The fleet forecast report shows that over the next 20 years, single-aisle jets will account for 70% of total aircraft deliveries and 55% of total delivery value.
The total value of newly delivered single-aisle jets is $1.6 trillion.
The mainstream model will still be the 150-seat aircraft, represented by the Airbus A320neo and Boeing 737 Max 8, which will account for 50% of deliveries.
Popular models with more than 180 seats include the A321 neo and the B737 Max 10, which will have an increasing share each year and will account for 40% of deliveries over the next 20 years.
Airbus and Boeing are expected to develop a new generation of single-aisle aircraft in the early to mid-2030s.
The $1.1 trillion dual-aisle aircraft market will be dominated by the B787 and A350 models, with 250-300-seat “medium ” aircraft accounting for about 65% of the total value delivered.
The large passenger aircraft market will be contested by the A350-1000 and the B777-9.
Aircraft deliveries in regional markets are expected to reach a scale of $150 billion.
About a third of them will be turboprop aircraft, based on 70-seat models.
Starting in 2030, a larger 90-seat model will enter the market.
Future new aircraft projects in the market include the MA700 from China and an expected new line of aircraft from Embraer.
Older models will be replaced by a new generation of aircraft.
It is predicted that about 80% of current passenger aircraft will be out of passenger service between 2021 and 2040.
As the airline industry begins to focus on driving down carbon emissions and focusing on sustainability, it will become increasingly important to replace these older, more fuel-efficient aircraft with new models.
Overall, in addition to several relatively new aircraft that are being phased out earlier, around 19,000 aircraft in the global passenger fleet will be phased out by the end of 2020.
According to analysis by Ascend by Cirium, the average economic life expectancy for single-aisle aircraft is 22 years and for twin-aisle aircraft is 20 years.
The number of freighters is growing: including new freighters and refitted freighters
As the global freight industry continues to perform strongly, freighter capacity (based on available tonnage kilometres) is expected to grow by 3.3% over 2019, with a projected supply of around 3,500 freighters over the next 20 years.
Of this total, it is expected that 30 per cent will be new freighters and 70 per cent will be converted from passenger aircraft.
About 1,050 new freighters are expected to be shipped, valued at $121 billion.
More online shopping during the epidemic period has promoted the development of e-commerce, and the growth of e-commerce has promoted the conversion of airliners to freighters.
Modification projects are focused on newer models such as the A321, B737-800, A330 and B777-300ER.
The Cirium Fleet Forecast is an independent outlook report on the global commercial passenger and cargo aircraft market, based on the industry ’ s premier combination of data and years of expertise.
Click here to download the executive summary of the Cirium Fleet Forecast 2021.
About Cirium
Cirium is a company that combines powerful data and analytics services to drive the world ’ s continued growth. With decades of industry experience, Cirium provides clients with expert insights to help companies, aircraft manufacturers, airports, airlines and financial institutions make informed business decisions that shape the future of the travel industry, improve business returns and improve customer experience. RELX PLC is the world ’ s leading provider of information and data analytics to professional and commercial customers across a wide range of industries.
Shares of parent company RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Visit cirium.com for more information or follow Cirium ’ s LinkedIn account and WeChat account, CiriumCN.
Disclaimer: The original version of this announcement is the official authorized version. The translation is for convenience only. Please refer to the original version, the original version is the only version with legal effect.
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency

China leads aircraft deliveries with a 20% share, mostly single-aisle jets.

Boeing and Airbus are receiving increased orders for next-generation fuel-efficient models.

Title:

Content: 6 / 28 Hot Spots in the Market
Today ’ s (6 / 28) hot focus stocks are as follows, for reference only:
(1) Buy more than expected Chinese auto show smile
After the Chinese car (2204) opened higher on Wednesday (6 / 28), it was not easy to small, and the market price at 9: 47 am was tentatively reported at 96.5 yuan, up 7.34%, returning to the five-day line and the monthly line, and performing well.
This year, the car market is expected to buy more than expected! The car manufacturers are optimistic about the second half of the year to continue to improve the sales target of the whole year, and continue to repair the HYUNDAI and LEXUS sales volume of Sanyang Hyundai and Hetai cars. sales throughout the year.
After returning to Taiwan last year, MG launched HS 1.5T Flagship Edition and HS PHEV Power Edition successively. The monthly delivery volume has been growing all the way. In order to meet the market demand, the Chinese car production line has applied for relocation for a new era. The car's target.
With the HS 2.0T AWD flagship version listed in March also began delivery in June, with increased production capacity, the legal person estimated that MG in May after the license reached 1032 vehicles, June should be able to further grow to a new monthly license high, MG HS car series will be stable in the domestic medium-sized SUV market sales runner-up.
Since China MG will also launch another new cross-boundary SUV in September, and the performance of the brand in May and June is better than expected, with the new car will bring another wave of purchase gas after the listing, China Automobile is optimistic, and the annual sales volume is expected to grow further to 13,000 vehicles compared with the estimated 12,000 vehicles in March.
In fact, in addition to sales performance better than expected, China Motor Vehicle MG production line has begun to make profits in the first half of the year, with the second half of the monthly production capacity to maintain at more than 1000 vehicles, will further promote the growth of China Motor Vehicle revenue.
In addition to applying for migrant workers to join production, the current production line is mainly based on the one-shift overtime system, and Chunghwa says that due to the serious shortage of labor in the market, it will not be planning for a two-shift system in the near future.
With this year 's new car buyout, the current domestic three Yang Hyundai has increased the annual sales of HYUNDAI from 17,300 vehicles to 18,500 vehicles, and the annual sales target of Hetai car repair LEXUS from 23,000 to 30,000 vehicles, and the Chinese car is expected to be repaired twice to 13,000 vehicles. (Business Times Chen Wei, digital editor)
(2) The United States intends to expand the layout of high-speed network in Lei attack
Zhonglei (5388) benefited from the United States to expand investment in high-speed networks, in the multi-structure supply chain imagination space, after this high, the desire to small is not easy, the early market rose to 105.5 yuan, as of 9: 54 am provisional market price of 103 yuan, still up 6.74%.
It is understood that US President Joe Biden announced a network plan of more than $42 billion on the 26th, which aims to make high-speed Internet available to every American family by 2030.
Biden used this to promote the policies he promoted during his tenure, paving the way for the next presidential re-election, and the market interpreted that the policy has a positive impact on the development of Internet stocks such as Zhonglei in the supply chain of Taiwan stocks.
Telecom broadband equipment manufacturer Zhonglei recently held a general meeting of shareholders, which passed a private placement plan, hoping to introduce strategic investment partners, improve operational efficiency, and accumulate momentum for the next stage of operational growth.
Wang Wei, chairman of Zhonglei, said that with the network becoming indispensable in life, the rapid transformation of digital transformation leads to innovative business models, and the global government actively invests in infrastructure to drive the demand for Netcom equipment.
In addition, Zhonglei has mastered key technologies and provides a full range of solutions such as optical fiber access equipment, DOCSIS Cable products, commercial network equipment, 5G FWA fixed network wireless access equipment, 5G small base stations and video streaming equipment.
(Zheng Shu-fang, Chen Yi-jun, Digital Editor, Business Times)
(3) Hot focus stocks in the market:
1. Zhong Qi (2419): Benefiting from the US Broadband, the company will face a large order, the stock price is fast rising and stopping price is 30.05 yuan, creating a high band, and the volume is increased by more than 10 times.
2. Gao Lin (2906): Foreign investors have been selling for days, but the stock price is still rising, and the price of shares is still rising. This morning, the pursuit of buying orders poured in, and the explosion stopped at 19.55 yuan, rewriting the band's new high on February 21.
3. Dongtai (4526): New products to enhance energy saving, collect carbon footprint data, July 5 ex-dividend, interest rate 0.2 yuan, buy card sharp stop.
4. Good power (2462): Q3 into the peak season, this year the gross profit margin is estimated to have jumped significantly, the volume of the attack stopped, and another wave of high.
5. Liande Holdings - KY (4912): Obtained orders from AI server manufacturers, and this year ’ s operation has been rising quarter by quarter.
6. Jiang Shen (1525): The bus frame in hand orders nearly a thousand, the current production capacity is full to the end of the year, this year the industry will be high season, yesterday foreign capital to buy more than 103, the beginning of the surge stopped, jumped over the 5 day line.
7. Wufu (2745): retaliatory tourism after the epidemic, this year's operation is bullish, the stock price rose to a new high.
Hetai Car (2207): Decided to pay a profit of 2.2 yuan, optimistic that the scale of the car market this year is better than 450,000 vehicles, and the stock price was flat at the beginning of the session.
9. South Asia Branch (2408): today the interest rate, opening reference price of 68.7 yuan, the stock price rose to 70.3 yuan, stride towards the road of interest filling.
China (2204): intends to increase MG sales for the second time in the whole year, the stock price rebounded by more than 3.5% at the beginning of the session, surpassing the 5 day line and the sword month line.
11. Daewoo Capital (6111): Entering the Indian market has been lackluster, falling by more than 6.5% at the beginning of the session
Sun Moon Investment Control (3711): Chief Operating Officer Wu Tianyu pointed to a slower than expected recovery in demand, but the crisis is a turnaround, and the stock price is under pressure.
13. Yilong (2458): Q2 pull the strength of the heat, revenue is expected to be better than financial estimates, stock price to maintain 100 yuan.
MediaTek (2454): Dong Zong Cai Mingjie visited the Ministry of Land Industry and Information Technology this week to discuss semiconductors and 5G, and the stock price rose slightly.
15. Xia Du (2722): Profit of 1.25 million yuan since May, net profit of 0.01 yuan per share after tax, stock price fell.
16. Li Cheng (6239): Disposal of the shares of Suzhou Plant to JiangboLong, the expected disposal interest is equivalent to NT $2.384 billion, can contribute more than NT $3 EPS, is expected to be recognized before the end of the year.
The stock price is flat.
17. Zhiyuan (3035): The operation will resume growth, HSBC, KGI shouted to buy, the stock price is more than 200 yuan high-grade strong finishing.
18. Evergreen Airlines (2618): The third season of summer vacation season is coming, this year's operation is challenging new highs, foreign investment is overbought, and the stock price stands at 40 yuan.
19. Sichuan Lake (2059): Foreign investment confidence is low to buy, and Taiwan stocks are high 100 points to assist, and the market hit a stop.
20. Jian Zhen (2421): High-end fan solutions shipped smoothly, performance can be expected this year, early hit 90 yuan, strong 5 days online.
21. Haiyundian (6203): H2 revenue, profits increased year by year, recently, the total of 984 shares bought in a row of four, and continued to attack above 100 yuan, up 3%.
22. Jinbao (2312): Today's interest rate, up 3%, take the upper stock rebound train, go to fill the interest road.
23. Cathay Gold (2882): Divided interest rate of $0.9 today, by foreign investors sold 2, the morning market to fill the interest road small steps.
24. Weichuang (3231): Joint attack on AI, HPC and automotive business opportunities, invested 1 billion shares in the world core, re-listed in the 80 yuan and 5 day line high grade area.
25. ADLINK (6166): Edge AI attracted attention, orders took off in the wind, and the volume once shot up 4%, standing on the five-day line.
26. GuangHuanke (3287): The shareholders' meeting was held on the 30th, and the recent operation of foreign capital was excessive, and the sharp attack stopped to catch up with the two-year high.
27. Datong (2371): Foreign investors bought more than 10,000 shares, and the stock price rose nearly 4% at one time, and the sky price was 54.8 yuan.
28. Changjia Intelligence (6841): The cerebral hemorrhage detection system obtained the TFDA secondary medical device license, and the stock price once rushed 102 yuan to close, closing the second half of the line.
29. Odd (3356): Driven by AI craze + performance growth, the stock price rose by about 2%.
30. Taiyao (4746): At the end of July, the Asian Biotechnology Conference attracted popularity, but after the stock price broke the 100 yuan mark, the reverse pressure came out of the cage, and the black fell by about 2.5%.
31. United Regeneration (3576): Invest in TOPCon M10 battery and module, estimated next year Q3 mass production, the stock price rose, close to the monthly line.
(Times Information Lee Hui-lan)
(4) New aircraft orders increased sharply
Zilong Precision (4572) opened three high, all the way steady higher, as of 10: 00 in the morning, the market price tentatively reported 182.5 yuan, an increase of 5.8%, back on the five-day line, the performance is good.
On the 27th, Wang Kunsheng, chairman of Zilong Precision, said at the shareholders' meeting that the company 's orders for products have increased significantly. According to Boeing and Airbus' delivery forecasts this year, and Zilong 's new orders have been gradually developed and entered mass production.
The net profit after tax last year was 184 million yuan, an annual increase of 2.42 times, EPS 5.13 yuan, up from 1.5 yuan the year before.
Mainly benefiting from the rapid recovery of travel business air passenger traffic after the unsealing, the two major aircraft manufacturers Boeing and Airbus have received orders, and the rapid increase in production speed has also led to a steady upward performance of the overall aerospace industry.
Due to the European Union ’ s decision to introduce a carbon tax in 2026, governments and airlines are increasingly focusing on carbon reduction, which is conducive to the sales of new, more fuel-efficient aircraft, and it is expected that the aviation industry will accelerate the demand for replacement aircraft.
According to the order status of Boeing and Airbus in 2021 and 2022, new orders from airlines have increased significantly, especially for narrow-body aircraft such as the B737max and A320.
In addition, according to Boeing and Airbus ’ demand forecasts for new aircraft in the next 20 years, both show stable growth, but currently limited by aerospace supply chain restructuring and labor shortage, the production and supply of aircraft are temporarily limited, and it is generally expected to be improved by the third quarter of next year.
The industry predicts that the monthly production rate of narrow-body aircraft in the fourth quarter of next year may rebound or exceed pre-epidemic levels.
However, Zilong benefited from the benefits of changing orders during the epidemic, and the product categories have increased significantly.
This year, according to the traffic forecasts of the two major aircraft manufacturers, and the company's new product orders have been gradually developed and entered mass production, the company estimates that the performance of Dragon should still be able to increase significantly compared with last year.
Looking after the future city, Zilong has begun planning and building a new factory in Renwu Aerospace Park to advance the layout for the growth period.
(Business Times, Liu Jusong, Digital Editor)
(5) Air Double Male Popular Huaxin GDR Discount Issuance with Volume Kill
Taiwan stocks are now rebounding with the US stocks, focusing on the market returning to the monthly line to challenge the Wanqi level, and the aviation duo have once again become the top five most popular stocks, and AI index stock Weichun is also in the top five stocks.
In addition, Huaxin (1605) is now issuing additional common shares to participate in the issuance of overseas depository certificates, which is equivalent to about NT $40.22 per share.
Evergreen Airlines (2618) currently ranks first in the trading volume of listed stocks, with close to 65,000 shares traded in the opening hour.
Benefiting from the arrival of the summer peak season in the third quarter, coupled with the recovery of tourism opportunities after the epidemic, high ticket prices and the decline of oil prices in the second quarter, it is expected that the second and third quarters of the operation will continue to improve.
China Airlines (2610) also benefited from the post-epidemic travel opportunities, increased airfares and lower oil prices.
On Tuesday, foreign investors bought more than 10,000 Super China Airlines, and backhand bought 4418 Super Evergreen Airlines. Both stocks rose more than 3% this morning, and Evergreen Terminal returned to the 40 yuan level.
Huaxin, which has the second largest trading volume of the listed shares, is now issuing additional common shares to participate in the pricing of the issue of overseas depositary certificates, which is equivalent to about NT $40.22 per share.
Foreign investors have sold more than 75,484 copies to Huaxin for six days on Tuesday, and only one day in the past 14 days, with a total of 118,850 copies sold.
Huaxin has increased its participation in the issuance of overseas trust certificates (GDRs), raising nearly US $390 million, or about NT $12.06 billion. The issue price per share is 40.22 yuan. Compared with the closing price of 43.55 yuan on the previous day (27 day), the price difference is about 7.6%. A drop of about 5%.
Huaxin announced this morning a cash increase in the issuance of common shares to participate in the issuance of overseas depository certificates; the total amount of overseas depository certificates issued is US $389.1 million, and the issuance price of overseas depository certificates is US $12.97 per unit; the overseas depository certificate issued 30 million units, commending 300 million ordinary shares; the scheduled issuance date is June 30, 112.
1 Unit of overseas depository certificate recognizes 10 shares of common stock of the company, which is equivalent to about NT $40.22 per share (converted to US $1 = NT $31.008).
Huaxin said that the fundraising will be used to purchase raw currency to strengthen the financial structure.
This cash capital increase of 300 million ordinary shares to participate in the issuance of overseas depository certificates, the dilution ratio of the original shareholders' equity is about 7.44%, will not cause a significant dilution of the original shareholders' equity, and after the capital increase benefits appear, it should have positive benefits for future development, and there should be no adverse impact on the shareholders' equity.
US stocks stopped falling and rebounded, Huida surged 3.06%; Taiwan stock AI index stock Weichuang (3231) counterattacked this morning, and the stock price opened higher, currently rising nearly 1.8% to about 81 yuan.
In addition, Datong (2371), which has been continuously overbought by foreign investors, continues to take the lead and hit new highs in the band. It is also listed in the top five trading stocks of listed stocks. (Times Information Shen Peihua)
(6) Biden opens the red carpet of the Golden Mouth Spread Coin Netcom Stock Exchange
Netcom community is encouraged by Biden 's US $42 billion investment in broadband infrastructure, including Huaxing (4979), Yuzhi (6470), Desheng (8048), Zhongqi (2419), and Plaid (6263). Zhonglei (5388), Xingtong (3025), Unixin (6426), Text (4906), Mingtai (3380) KASUS (8059), Shen Zhen (3558), Vantage (6190) and other large gains and half of the board jumped, pushing the Netcom category to occupy the top of the list of various stocks.
US President Joe Biden has fought hard for broadband infrastructure, announcing a network plan of more than US $42 billion to make high-speed Internet available to all US households by 2030, thereby promoting domestic policies and paving the way for the next presidential election.
The states are expected to put forward preliminary plans later this year, and the US government will release 20% of the funds, and it is estimated that the balance will be allocated in 2025, which will encourage the Internet communication community including Huaxing (4979), Yuzhi (6470), Desheng (8048), Zhong Qi (2419) and other bright lights to stop.
In addition to the stable monthly revenue, the major network companies including Zhibang (2345), Zhonglei (5388), Zhong Qi (2419), Ming Tai (3380) and others have recorded double-digit revenue growth in the second half of the year. It is expected to maintain the growth pace.
Zhonlei (5388) reported revenue of 26.18 billion yuan in May, an annual increase of 18.1%, a record high for the same period. Due to the strengthening of digital infrastructure in all countries, the market inventory gradually turned healthy after 4 quarters of adjustment.
Optical module manufacturer Huaxiang (4979) is currently focusing on the application of 70mW CW LD and advanced packaging technology above 400G. The new products drive the performance growth. May revenue was 199 million yuan, an annual increase of 105.22%. In May, the revenue was 816 million yuan, an annual increase of 107.85%. A $100 club for a $100 club.
Zhong Qi (2419) May revenue of 984 million yuan, an annual increase of 10.91%, the previous May revenue of 4.827 billion yuan, an annual increase of 17.59%. Highpoint.
Analysts said that the recent international market in the stock price rose more, will face the institutional evaluation adjustment, short-term is not easy to have a large market, Taiwan stocks will return to the low-base period rotating structure, stock selection to low-base growth stocks as the first choice, optimistic about automotive components, seals, industrial computers, networking, passive components and other sub-industries. (Times Information Long Cailin)
(7) Q2 peak season dynamic energy, Yang Qin and another new high price
The stock price of Yangqin (2755), a chain restaurant group, has risen since this year. Recently, the upward momentum has strengthened again. Today (28), the volume increased by 6.3% to 194 yuan, and the price has reached a new high since the listing.
The three major legal entities yesterday backhand to buy more than 89, so far this week a total of more than 39.
Yangqin benefited from the expansion of the operation scale of the two brands of “McDonald ’ s ” and“ Fried Chicken Lion ”. In line with the adjustment of the structure of “McDonald ’ s ” stores, the net profit after tax in the first quarter of 2023 increased by 45.28% in the quarter, an annual increase of 2.72%.
With the timing gradually entering the peak brunch season and the impact of the epidemic on consumer flow slowing down, Yangqin consolidated revenue of 182 million yuan in May 2023, an increase of 6.48% month-on-month and 16% year-on-year, setting a new record high.
Cumulative consolidated revenue of NT $842 million in May, an annual increase of 13.83%, a new high for the same period, and the second quarter of operation continued to enjoy a good period.
Looking forward to 2023, Yangqin not only continues to expand its stores through effective strategies to enhance its overall revenue and brand impact, but also expands its business performance through five major business strategies.
In addition to continuing the business expansion in the ASEAN region, this year, we also joined hands with our strategic partner, Yarming-KY, to jointly develop the US market through “Fried Chicken and Lion ” and“ Happy Lemon ” to increase the brand ’ s market visibility and influence.
Yang Qin has held a general meeting of shareholders at the end of May to approve the distribution of earnings, and resolved to distribute dividends of 1.6 yuan, 3.7 yuan, and a total dividend of 5.3 yuan.

What happened to the market shares between Boeing and Airbus after the Covid-19 crisis?

Airbus announced order intent for 408 new aircraft, while Boeing has secured contracts for 78 aircraft.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

The global single-aisle aircraft market is expected to reach $222.20 billion by 2030, driven by demand for air travel and fuel efficiency.

Title:

Content: Friday, 08 September 2023 05:25 GMT

Global Single-Aisle Aircraft Market Is Projected To Reach The Value Of $222.20 Billion By 2030 X Herald

(MENAFN- Ameliorate Digital Consultancy) According to the latest report by Virtue Market Research, in 2022, the Global Single-Aisle Aircraft Market was valued at USD 86.6 billion and is projected to reach a market size of USD 222.20 billion by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 12.5%.

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A prominent long-term driver for the Single-Aisle Aircraft market is the growing global demand for air travel. Even though the COVID-19 pandemic had a severe impact on the aviation industry, the long-term trend remains robust. The demand for single-aisle aircraft is fueled by several factors, including the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had an unprecedented impact on the aviation sector, leading to grounded fleets, reduced passenger demand, and financial strain on airlines. This setback prompted airlines to rethink their fleet strategies, with some deferring aircraft orders and retiring older aircraft to cut costs. Additionally, the pandemic accelerated the adoption of safety and hygiene measures in aircraft cabins, leading to increased investments in cabin air filtration and touchless technologies.

A notable short-term driver for the Single-Aisle Aircraft market is the rebound in domestic and regional air travel. As countries reopen their borders and vaccination efforts progress, there is a growing preference for shorter flights, leading to increased demand for single-aisle aircraft. Airlines are reactivating grounded aircraft and placing orders for new, fuel-efficient models to meet this surge in regional travel.

An exciting opportunity in the Single-Aisle Aircraft market is the development of next-generation, fuel-efficient aircraft. With a growing emphasis on sustainability and reducing carbon emissions, aircraft manufacturers are investing in research and development to create more eco-friendly models. This includes the use of advanced materials, aerodynamic improvements, and more efficient engines. Airlines that invest in these next-gen aircraft can not only reduce their environmental footprint but also benefit from lower operating costs in the long run.

One of the prominent trends observed in the Single-Aisle Aircraft industry is the rise of digitalization and connectivity. In-flight Wi-Fi, entertainment systems, and integrated passenger services are becoming standard features in modern single-aisle aircraft. Airlines are leveraging these trends to enhance the passenger experience and gain a competitive edge. Additionally, digitalization plays a crucial role in aircraft maintenance and operations, helping airlines optimize their fleet performance and reduce downtime.

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Segmentation Analysis:

The global Single-Aisle Aircraft Market segmentation includes:

By Type of Aircraft: Narrow-Body, Wide-Body, Regional Aircraft

Among these, the Narrow-Body aircraft category stands out as the largest segment. These aircraft are designed for short to medium-haul flights and are favored by airlines for their versatility and cost-efficiency. Narrow-Body aircraft are well-suited for both domestic and international routes, making them the preferred choice for many carriers.

In terms of growth, the Narrow-Body segment takes the lead yet again. The market for Narrow-Body aircraft is witnessing significant expansion due to the increasing demand for regional and domestic travel. Airlines are looking to replace older aircraft with more fuel-efficient and environmentally friendly Narrow-Body models, driving the growth of this segment.

By Engine Type: Turbofan, Turboprop

Among these categories, Turboprop engines are the largest segment. These engines are commonly found in regional aircraft that operate shorter routes and require a different set of performance characteristics compared to their Turbofan counterparts. Turboprop engines are known for their fuel efficiency and reliability, making them a preferred choice for regional carriers.

However, when it comes to growth, Turbofan engines take the lead. The demand for Turbofan-powered Single-Aisle Aircraft is on the rise, driven by the need for higher efficiency, reduced emissions, and greater operational range. Airlines are increasingly opting for Turbofan engines in their narrow-body aircraft to meet the growing demand for longer-haul regional and international flights.

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Regional Analysis:

The Single-Aisle Aircraft market spans across variregions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each of these regions has its unique characteristics and influences on the market.

Asia-Pacific emerges as the largest region in this segment. This region encompasses numerfast-growing economies, a burgeoning middle class, and a robust travel and tourism industry. As a result, airlines in Asia-Pacific have been expanding their fleets to meet the increasing demand for air travel. With a foon domestic and regional routes, narrow-body aircraft have been particularly favored in this region, contributing to its leadership in the Single-Aisle Aircraft market.

In terms of growth, Europe takes the lead. Despite being a mature aviation market, Europe is experiencing a surge in demand for narrow-body aircraft, primarily due to the need for more fuel-efficient and environmentally friendly options. European airlines are increasingly looking to modernize their fleets with state-of-the-art single-aisle aircraft, thereby driving the growth of this segment in the region.

The Middle East & Africa region also shows promise in terms of growth, driven by the emergence of airlines in the Middle East as major global players. These airlines are expanding their networks and investing in modern, fuel-efficient narrow-body aircraft to meet the growing demand for long-haul travel.

North America, with its well-established aviation industry, continues to be a significant market for single-aisle aircraft. While it may not be the fastest-growing region, North America remains a stable and vital market for these aircraft, catering to both domestic and international routes.

South America, although a smaller market compared to the other regions, also contributes to the demand for single-aisle aircraft. Airlines in South America are focusing on modernizing their fleets to enhance operational efficiency and reduce emissions.

Latest Industry Developments:

  • One of the key strategies adopted by companies is a strong emphasis on fuel-efficient and environmentally friendly aircraft. With the aviation industry facing increasing pressure to reduce carbon emissions, manufacturers are investing in the development of next-generation single-aisle aircraft with improved fuel efficiency. This includes the use of advanced materials, aerodynamic design enhancements, and the incorporation of more fuel-efficient engines. Furthermore, there is a growing trend towards the electrification of aircraft systems, including electric taxiing systems and more electric aircraft architectures. These innovations aim to reduce the overall carbon footprint of single-aisle aircraft, aligning with global sustainability goals.
  • To enhance their market share, aircraft manufacturers are expanding their global reach and customer base. They are targeting emerging markets with fast-growing air travel demand, such as Asia-Pacific and the Middle East. These regions represent significant opportunities for fleet expansion, especially with narrow-body aircraft designed for short- to medium-haul routes. Another trend is fleet modernization. Airlines, particularly in mature markets like North America and Europe, are retiring older aircraft and replacing them with state-of-the-art single-aisle aircraft. This trend is driven by the need to improve operational efficiency, reduce maintenance costs, and enhance passenger comfort. Manufacturers that offer the latest technology and fuel-efficient options have a competitive advantage in this regard.
  • Connectivity and digital solutions are becoming increasingly important in the aviation industry. Airlines are seeking aircraft equipped with advanced connectivity options to enhance the passenger experience, provide in-flight entertainment, and enable seamless inteaccess. Manufacturers are responding by integrating cutting-edge connectivity solutions into their single-aisle aircraft offerings. Additionally, the use of data analytics and predictive maintenance has gained prominence. Airlines are leveraging data from their aircraft to optimize operations, reduce downtime, and lower maintenance costs. Aircraft manufacturers are incorporating these features into their products to meet the demand for data-driven solutions.

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The demand for fuel-efficient aircraft is driven by environmental concerns, rising air traffic, and the need to reduce operating costs.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

The aviation industry is shifting towards greater efficiency and sustainability, with Boeing investing $725 million in sustainable technologies.

Title:

Content: Science and Technology
NASA unveils plans for 'environmentally friendly' commercial jet to cut emissions by 30%
NASA unveils plans for ‘ green ’ commercial jet to cut emissions by 30%
Single-aisle passenger planes are the primary aircraft for commercial aviation, producing nearly half of the industry ’ s greenhouse gas emissions, but a new wing design developed by NASA and Boeing promises to make them more agile and efficient, reducing emissions by 30 percent.
NASA ’ s collaboration will see a commitment of $425 million from the space agency as well as $725 million invested by Boeing and its industry partners to build, test, and fly the full, which will carry the name of the US Air Force ’ s X-66A test.
A longer and thinner wing design powered by trusses is the Transonic Truss-Braced Wing, which makes better use of sliding capabilities, requiring less fuel to push it forward.
The U.S. Air Force has just awarded its project X-plane pilot status, meaning NASA ’ s new X66-A will join the ranks of other revolutionary X-planes such as the North American X-15 test vehicle.
Perhaps the goal for NASA and Boeing for the X66-A is to stimulate "decarbonization of space" to save the planet.
NASA Administrator Bill Nelson said, “The X-66A will help shape the future of aviation, a new era in which aircraft are greener, cleaner and quieter, and create new possibilities for the public and American industries alike. ”
When combined with the partnership ’ s other advanced propulsion plans, new space materials and electronic systems engineering, the supported wings promise a 30% reduction in fuel consumption.
NASA officials said the X66-A is the first X-plane built with the specific goal of helping the United States reach its goal of a zero-carbon aviation industry, as outlined by the White House Aviation Climate Action Plan.
You can follow the news of Egypt and the world from a site through Google News

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

NASA will cut emissions by 30% with its new X-66A aircraft, investing $425 million in its development.

The global sustainable aviation fuel market is expected to reach USD 2987.5 million by 2027, driven by reduced GHG emissions and high fuel efficiency.

Title:

Content: Global sustainable aviation fuel market size to reach USD 2987.5 million valuation by 2027

The latest business intelligence report on ‘global sustainable aviation fuel market’ presents an unbiased analysis of the industry augmentation history and forecast statistics for 2021-2027.

Pune, INDIA

Pune, India, Oct. 28, 2021 (GLOBE NEWSWIRE) -- According to credible sources, global sustainable aviation fuel market size was remunerated at USD 66 million in 2020 and is estimated to record a strong CAGR of 72.4% over 2021-2027, eventually reaching a valuation of USD 2987.5 million by the end of study period.

Proceeding further, the research literature studies the market from the perspective of fuel type, biofuel blending capacity, biofuel manufacturing technology, platform, and geographies to highlight the key areas for investment during the forecast period. Moreover, it explicates the competitive landscape on the basis of the strategies, financials, and recent developments of the leading players in this business sphere.

With increasing environmental awareness, the aviation sector is looking to reduce carbon footprints and lower GHG emissions, hence adopting alternative solutions like renewable jet fuels, hybrid-electric and all-electric aircraft, enhancing aero-engine efficiency through design adjustments, and many more.

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However, when compared to other solutions, adoption of sustainable aviation fuels like synthetic fuels, e-fuels, bio jet fuels, green jet fuels, and hydrogen fuels is one of the most practical alternative solutions when it comes to socio-economic benefits and contributes notably to mitigating current and future aviation environmental impacts.

Moreover, airlines across the aviation sector are extending their commercial fleets due to increase in air travel. These factors are majorly driving global sustainable aviation fuel market growth.

For instance, Gevo, Inc. and Trafigura Trading LLC, entered into a binding renewable hydrocarbon purchase and sale agreement in August 2020. Trafigura will be capable of providing SAF to both domestic as well as foreign clients, having rising demand for low-carbon jet fuel.

Geographical outlook

Analysts cite that North America is likely to serve as a lucrative growth avenue for the worldwide sustainable aviation fuel industry participants throughout the study period, as countries such as the U.S. and Canada, are focusing on various programs to use renewable aviation fuel to assist in reducing carbon footprints due to increased air traffic and flying passengers.

Commercial Aviation Alternative Fuel Initiative (CAAFI), Canada's Biojet Supply Chain Initiative, and Midwest Aviation Sustainable Biofuels Initiative (MASBI) are some of the sustainable aviation fuel efforts that are undertaken by countries including the U.S. and Canada.

Moreover, North American market is one of the robust demand areas for sustainable aviation fuel owing to supportive regulations and measures to reduce aviation emissions.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:

https://www.marketstudyreport.com/reports/global-sustainable-aviation-fuel-market-size-research

Global Sustainable Aviation Fuel Market, by Fuel Type (Revenue, USD Million, 2018-2027)

  • Biofuel
  • Hydrogen Fuel
  • Power to Liquid Fuel

Global Sustainable Aviation Fuel Market, by Biofuel Manufacturing Technology (Revenue, USD Million, 2018-2027)

  • Hydroprocessed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK)
  • Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)
  • Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)
  • Fischer Tropsch (FT) Synthetic Paraffinic Kerosene with Aromatics (FT-SPK/A)
  • Alcohol to Jet SPK (ATJ-SPK)
  • Catalytic Hydrothermolysis Jet (CHJ)

Global Sustainable Aviation Fuel Market, by Biofuel Blending Capacity (Revenue, USD Million, 2018-2027)

  • Below 30%
  • 30% to 50%
  • Above 50%

Global Sustainable Aviation Fuel Market, by Platform (Revenue, USD Million, 2018-2027)

  • Commercial Aviation
  • Military Aviation
  • Business & General Aviation
  • Unmanned Aerial Vehicle

Global Sustainable Aviation Fuel Market, Regional Terrain (Revenue, USD Million, 2018-2027)

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Mexico
  • Brazil

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe

Rest of the World

Global Sustainable Aviation Fuel Market, Competitive Dashboard (Revenue, USD Million, 2018-2027)

  • S.G. Preston Company
  • Red Rock Biofuels LLC
  • Aemetis Inc.
  • Velocys plc
  • Fulcrum BioEnergy Inc.
  • SkyNRG BV
  • World Energy LLC
  • Eni S.p.A.
  • Gevo Inc.
  • Neste Oyj

Table of Content:

Chapter 1. Executive Summary

1.1.         Market Snapshot

1.2.         Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)

1.2.1.     Sustainable Aviation Fuel Market, by Region, 2019-2027 (USD Million)

1.2.2.     Sustainable Aviation Fuel Market, by Fuel Type, 2019-2027 (USD Million)

1.2.3.     Sustainable Aviation Fuel Market, by Biofuel Manufacturing Technology, 2019-2027 (USD Million)

1.2.4.     Sustainable Aviation Fuel Market, by Biofuel Blending Capacity, 2019-2027 (USD Million)

1.2.5.     Sustainable Aviation Fuel Market, by Platform, 2019-2027 (USD Million)

1.3.         Key Trends

1.4.         Estimation Methodology

1.5.         Research Assumption

Chapter 2. Global Sustainable Aviation Fuel Market Definition and Scope

2.1.         Objective of the Study

2.2.         Market Definition & Scope

2.2.1.     Scope of the Study

2.2.2.     Industry Evolution

2.3.         Years Considered for the Study

2.4.         Currency Conversion Rates

Chapter 3. Global Sustainable Aviation Fuel Market Dynamics

3.1.         Sustainable Aviation Fuel Market Impact Analysis (2019-2027)

3.1.1.     Market Drivers

3.1.1.1. Rising need for reduction in GHG emissions in aviation industry

3.1.1.2. Growing air passenger traffic

3.1.1.3. High fuel efficiency of SAF

3.1.2.     Market Challenges

3.1.2.1. Price difference between SAF and conventional jet fuel

3.1.3.     Market Opportunities

3.1.3.1. Increasing demand for SAF by airlines over the world

3.1.3.2. Sustainable marine fuel

3.1.3.3. Government initiatives

Chapter 4. Global Sustainable Aviation Fuel Market Industry Analysis

4.1.         Porter's 5 Force Model

4.1.1.     Bargaining Power of Suppliers

4.1.2.     Bargaining Power of Buyers

4.1.3.     Threat of New Entrants

4.1.4.     Threat of Substitutes

4.1.5.     Competitive Rivalry

4.1.6.     Futuristic Approach to Porter's 5 Force Model (2018-2027)

4.2.         PEST Analysis

4.2.1.     Political

4.2.2.     Economical

4.2.3.     Social

4.2.4.     Technological

4.3.         Investment Adoption Model

4.4.         Analyst Recommendation & Conclusion

Chapter 5. Global Sustainable Aviation Fuel Market, by Fuel Type

5.1.         Market Snapshot

5.2.         Global Sustainable Aviation Fuel Market by Fuel Type, Performance - Potential Analysis

5.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Fuel Type 2018-2027 (USD Million)

5.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

5.4.1.     Biofuel

5.4.2.     Hydrogen Fuel

5.4.3.     Power to Liquid Fuel

Chapter 6.vGlobal Sustainable Aviation Fuel Market, by Biofuel Manufacturing Technology,

6.1.         Market Snapshot

6.2.         Global Sustainable Aviation Fuel Market by Biofuel Manufacturing Technology, Performance-Potential Analysis

6.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Biofuel Manufacturing Technology, 2018-2027 (USD Million)

6.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

6.4.1.     Hydroprocessed Fatty Acid Esters and Fatty Acids - Synthetic Paraffinic Kerosene (HEFA-SPK)

6.4.2.     Fischer Tropsch Synthetic Paraffinic Kerosene (FT-SPK)

6.4.3.     Synthetic Iso-paraffin from Fermented Hydroprocessed Sugar (HFS-SIP)

6.4.4.     Fischer Tropsch (FT) Synthetic Paraffinic Kerosene with Aromatics (FT-SPK/A)

6.4.5.     Alcohol to Jet SPK (ATJ-SPK)

6.4.6.     Catalytic Hydrothermolysis Jet (CHJ)

Chapter 7. Global Sustainable Aviation Fuel Market, by Biofuel Blending Capacity,

7.1.         Market Snapshot

7.2.         Global Sustainable Aviation Fuel Market by Biofuel Blending Capacity, Performance-Potential Analysis

7.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Biofuel Blending Capacity, 2018-2027 (USD Million)

7.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

7.4.1.     Below 30%

7.4.2.     30% to 50%

7.4.3.     Above 50%

Chapter 8. Global Sustainable Aviation Fuel Market, by Platform,

8.1.         Market Snapshot

8.2.         Global Sustainable Aviation Fuel Market by Platform, Performance-Potential Analysis

8.3.         Global Sustainable Aviation Fuel Market Estimates & Forecasts by Platform, 2018-2027 (USD Million)

8.4.         Sustainable Aviation Fuel Market, Sub Segment Analysis

8.4.1.     Commercial Aviation

8.4.2.     Military Aviation

8.4.3.     Business & General Aviation

8.4.4.     Unmanned Aerial Vehicle

Chapter 9.   Global Sustainable Aviation Fuel Market, Regional Analysis

Related Report:

Aviation Fuel Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026

Global Aviation Fuel Market is expected to exceed USD 325 billion by 2026. The rising construction and expansion of airports coupled with rising production and delivery of aircrafts are driving the market share. Latin America and Middle East & Africa will witness healthy growth in the aviation fuel market share owing to increasing tourism. Recovering economy in Latin America with cross border merger of the airliners will further fuel the industry demand. Steady growth in air traffic will positively influence the product penetration. Increasing demand of business jets in the MEA is the prime factor driving the regional growth. Few of the major players operating in the aviation fuel market include Shell, BP, Chevron, Gazprom, Reliance Petroleum, and IOCL among others. Industry players are entering into strategic agreements and partnerships for expanding their business share. For instance, in November 2019, BP signed a strategic technical services agreement with Sonangol for expanding its business in Angola.

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Contact Data

The introduction of a carbon tax in 2026 supports the adoption of sustainable aviation fuel.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

Airbus's A350XWB reduces CO2 emissions by 20-25%, and the company plans to launch zero-CO2 aircraft by 2035.

Title:

Content: The Royal Air Force has adopted a new "zero carbon emission" training aircraft, proving that "environmentally friendly flying" is an irreversible trend.
The British Air Force will purchase a new zero-emission trainer to replace the T1 homeschooling model in the photo ｜ Photo Credit: AP / Dazhi
What we want you to know is
Lieutenant General Turner, deputy commander of the Royal Air Force, said in an online forum that a new zero-emission trainer would be purchased to replace the current T1 tutor, Turner also said that the Royal Air Force would change the grass around the runway to moss, because moss has 800 times the carbon sequestration capacity of ordinary plants, which can effectively reduce the environmental pollution caused by aircraft take-off and landing.
Due to the impact of the new coronavirus, Farnborough International Airshow, which was supposed to be held in the UK last year, was cancelled and replaced with the online version of FIA Connect.
Originally held every two years, the Farnborough Airshow, perhaps because the launch of the Internet version of the cost of the physical air show is much cheaper, but by the launch of a FIA Connect in July this year, it has become a year, for aviation fans also known as the blessing of the disaster.
The main reason for the launch of FIA Connect for two consecutive years is that the aviation market has not completely disappeared despite a sharp decline in the impact of the virus.
Always keep a platform where aircraft or aviation peripherals can continue to deal with buyers.
Coupled with the signs of improvement in the epidemic this year, the organizers made the decision to hold another FIA Connect in order to help sellers and buyers prepare for the return of the physical air show next year.
But around the theme of this air show, we know that a trend in aviation that began before the epidemic is still developing, and it is not affected by the virus.
At this year ’ s FIA Connect, almost all exhibitors revolve around one theme: how to make flying more environmentally friendly.
Boeing, Airbus, GE, Safran, Rolls-Royce and Raytheon, whether from the United States or Europe, make aircraft, engines, or other components.
The most eye-popping is Lieutenant General Andrew Turner, deputy commander of the Royal Air Force, who pointed out in an online forum on the 13th that the Royal Air Force will purchase a new zero-emission trainer.
In addition to researching a new zero-emission junior trainer to replace the existing T1 Grob Tutor, Turner said the RAF would change the grass around the runway to moss because moss has 800 times more carbon sequestration than ordinary plants, which can effectively reduce the environmental pollution caused by aircraft take-off and landing.
In addition, moss is less attractive to birds than weeds and other plants, which can save the labor and financial resources of British Royal Air Force officers and soldiers in weeding, and is less likely to attract birds to the base.
It is no longer necessary for officers and soldiers to expel, capture and even kill birds for flight safety, and can achieve a more harmonious balance with nature.
Why is the military involved in this environmental movement?
On this point, we still want to start with the point that the aviation industry brings pollution to the environment.
(The Royal Air Force's T1 tutor, Grob Tutor)
Environmental issues that come with flying
The negative impact of the aviation industry on nature comes first from the carbon dioxide emitted by aircraft engines during flight, and excessive carbon dioxide emissions are the main cause of global warming.
Although the carbon dioxide emitted by aircraft accounts for only 3.5% of the total CO2 emissions, as aviation technology continues to evolve, the pollution caused by aircraft to the environment has increased.
From 1940 to 2018, the proportion increased from 0.7% to 2.65%.
According to research from Europe, the CO2 emissions from the aviation industry accumulated to 1 billion tonnes in 2018, with airlines in the United States accounting for more CO2 emissions than more than a dozen other countries combined.
Considering that only 1% of the world ’ s population has flown, environmentally-conscious Europeans have had to target the United States and the aviation industry. The increase in fuel efficiency of jet aircraft has led to a significant reduction in ticket prices, but the problem of carbon dioxide emissions has not been solved.
So before the virus broke out, Greta Thunburg, an environmental girl from Sweden, launched a “No Fly ” campaign, calling on Europeans to reduce their CO2 emissions by travelling by train or other means of land or sea transport.
Considering that transportation in continental Europe and even Eurasia can easily be completed by rail, this movement will cause a lot of damage to the United States, which is isolated from the old continent by the Atlantic and Pacific Oceans.
Not to mention, although the aviation industry originated in the United States, it is not only the United States that is engaged in the aviation industry.
Today, when the 737 Max was grounded and Airbus passenger aircraft sales gradually surpassed Boeing ’ s, the “no fly ” campaign has hurt the European industry no less than the United States.
This has prompted both Boeing and Airbus to invest heavily in developing more environmentally friendly aircraft.
For example, the Boeing 737 Max mentioned earlier has reduced carbon dioxide emissions by 20% compared to the classic 737 aircraft.
The 737 Max is also only responsible for short- and medium-haul, single-aisle narrow-body aircraft on short and medium-haul routes.
In addition, the 787 double-aisle wide-body aircraft launched by Boeing also emit 20% less carbon than the earlier 777 aircraft.
It is worth noting that the four-engine 747 Big Mac, which has been flying for more than half a century, is also due to the fact that the twin-engine 777 emits far less than the 747.
Just from the development of Boeing aircraft launched in recent years, it can be seen that the civil aviation industry is paying more and more attention to environmentally friendly flying.
The EU ’ s 2050 “carbon neutral ” target
Europe, which has always been more left-leaning than the United States, attaches more importance to environmental protection than the United States, and European Airbus is no exception.
Whether it ’ s the two-aisle A350XWB, or the single-aisle A318neo, A319neo, and A320neo, all seek to reduce CO2 emissions by 20% to 25% compared to the previous generation.
In September last year, after the outbreak of the new coronavirus crisis, Airbus was one step ahead of Boeing in the launch of three zero-CO2 concept aircraft, hoping to bring revolutionary changes to the civil aviation ecology.
It can be seen that although the outbreak of the virus has seriously frustrated the global travel industry, how to make flying more environmentally friendly is always a problem that European and American aviation giants cannot avoid.
In fact, the outbreak of the virus may also strengthen the international community's attention to environmental protection, because we are not only one planet, everyone has only one body.
The health of the human body is as important as the health of the planet in the eyes of advanced countries in Europe and the United States.
With the birth of vaccines and the gradual recovery of the civil aviation industry, the EU 27 countries decided to promulgate new policies to ensure that future flights are more environmentally friendly.
Under the Paris Agreement, adopted in 2015, world leaders may be able to keep the earth ’ s temperature below 2 degrees Celsius by the end of the 21st century.
To achieve this goal, the world must achieve carbon-neutral, net-zero emissions of carbon dioxide, by 2050.
Compared to the United States, which withdrew and then returned to the Paris Agreement, the European Union has always positioned itself as the urgent vanguard of the global environmental movement.
On 14 July this year, the European Commission launched 12 climate change plans, including a tax on aviation kerosene, with the aim of reducing emissions by 55% by 2030 and returning to 1990 levels.
Carbon neutrality is the use of afforestation or carbon capture technology to bury carbon dioxide produced by aircraft, cars or other industries underground.
This has been mentioned earlier by Deputy Commander Turner to ensure the environmental protection of the airport perimeter by planting moss.
Today, the Royal Air Force announced that it will develop a primary trainer to reduce carbon dioxide emissions, which is also a major breakthrough for the development of military aviation worldwide.
The author cannot confirm whether the Tempest, the sixth generation fighter currently being developed in the UK, will also develop in this direction, and there are no plans for the US Air Force, Navy or Marine Corps to follow up, but the Royal Air Force is enough to prove that environmentally friendly flying is an irreversible trend.
Geopolitics in Environmental Flight
After President Joe Biden announced the United States ’ return to the Paris Agreement, I believe that Boeing, like Airbus, will become more involved in the aviation industry ’ s environmental movement.
Only by fully engaging in the aviation zero pollution campaign can the United States avoid the isolation of its European allies in the future world and prevent Airbus from dominating the entire civil aviation market.
Airbus ’ three concept aircraft are expected to arrive in 2035.
The addition of Boeing will further outline the blueprint for human civil aviation for the next 20 years.
However, the United States will not be the only country affected by this trend, and the other two countries that are fully committed to entering the civil aviation market, namely, China and Russia, will face major challenges.
The development of civil aviation between China and Russia has long been left behind by the United States and Europe.
Russia has technology and no money, and China has money and no technology.
Until 2015, Beijing and Moscow decided to jointly launch a two-aisle wide-body aircraft to challenge the civil aviation hegemony of Boeing and Airbus.
Subsequently, engine technology was provided in Moscow and funding from Beijing led to the birth of the CR929, which is expected to enter the market in 2025.
However, 10 years after the CR929 entered the market, the European and American aircraft industry is entering the era of zero emissions.
Technology has already lagged behind the United States and Europe, China and Russia, can catch this new era of trains, so that their products more popular with airlines, I am deeply doubtful.
In particular, if the zero-emission aircraft is finally successfully launched by the two largest civil aviation leaders in Europe and the United States, it may make the CR929 more crowded in the market.
In European countries that attach importance to environmental issues, there will be considerable resistance.
In a short period of time, neither China nor Russia has been able to achieve a technological breakthrough on the issue of carbon dioxide emissions.
Even reaching the 787, 777X and A350XWB levels may depend on technical assistance from European and American countries.
This development is bound to further widen the gap between the CCP and Russia in the development of civil aviation and the West.
China and Russia ’ s only countermeasure may be to give up the undesirable investment in passenger aircraft such as the CR929 or C919 and fully develop high-speed railways.
Together with Samberg ’ s “Refuse to Fly ” movement, the development trend of land and air power confrontation has been formed.
The confrontation between the two kinds of thinking will not only reflect the development of military technology, but also show how people choose to travel.
Extended reading
Editor-in-Chief: Peng Chen-hsuan
Editor ： Weng Shihang
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What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

It is working on adopting innovative strategies.

The EU aims to reduce emissions by 55% by 2030, achieve carbon neutrality by 2050, and has launched a zero-emission aviation alliance.

Title:

Content: EU launches zero-emission aviation alliance to welcome carbon-neutral aircraft
PARIS (AFP) - The European Commission today urged the aviation industry to join its Alliance on Zero Emission Aviation in preparation for the arrival of carbon-neutral aircraft.
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The European Commission envisages a zero-emission aviation alliance with representatives of aircraft manufacturers, airlines, airports, energy companies and fuel suppliers, passenger and environmental interest groups, and regulatory and certification bodies.
The Commission said all participants would work to “identify all barriers to commercial service of this type of aircraft and develop a set of recommendations and a development plan to address these barriers, as well as to promote investment plans, while creating synergies and momentum among members ”.
Aviation currently accounts for 2.5% to 3% of global CO2 emissions.
Decarbonisation of the aviation sector is one of the major challenges for the EU to reach its carbon neutrality target by 2050.
And in the near future, if the aviation industry is to reduce its carbon footprint, it will have to replace current fossil fuels with sustainable aviation fuels.
Aircraft manufacturers are also working to introduce regional aircraft with hybrid or electric propulsion, with a maximum range of hundreds of kilometers.
European aircraft manufacturer Airbus is developing a hydrogen-powered medium-range aircraft with a target of commercial service by the end of 2035.

Airbus is testing hydrogen engines by 2026 and plans hydrogen-powered aircraft by 2035.

Title:

Content: Airbus plans to test hydrogen engines for 2026 A380 wide-body aircraft
European aircraft giant Airbus plans to test hydrogen-powered engines on an improved A380 by 2026 in an attempt to bring low-emission fuel to commercial air travel.
Kumba said on Tuesday it was working with engine manufacturer r CFM International to test the aircraft, including an improved version of the engine in use, which will have to deal with higher temperatures from hydrogen burning and will begin testing in 2026.
Aircraft manufacturers and airlines are scrambling to cut carbon emissions, which account for more than 2% of the world ’ s total.
Airbus has been actively promoting hydrogen power and is developing a passenger aircraft powered by hydrogen, which is scheduled to enter service in 2035.
Competitor Boeing (BA-US) is focused on more sustainable aviation fuels, which currently account for less than 1% of aviation fuel supply and are more expensive than conventional aviation fuels.
Boeing CEO Dave Calhoun said at an investor conference in June last year, “Hydrogen-powered aircraft will not be able to reach the size we ’ re talking about before 2050, and will only be able to carry some very small packages. ”
Richard Aboulafia, director of Aerodynamic Advisory, an aviation consultancy, said that one of the challenges of using hydrogen fuel is the need for additional storage, which increases the weight of the aircraft and reduces the number of people or cargo that the aircraft can carry.
"If engineers and economists don't communicate with each other, hydrogen power will advance," he said.
Kumba said the A380, the world's largest aircraft, was chosen because of its wide space to store liquid hydrogen tanks and other equipment.
Extended reading

What does Airbus plan to do to bring the low-emission fuel to commercial air travel?

It plans to test hydrogen-powered engines on a modified A380 by 2026.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Which manufacturer is going to test hydrogen engine for aircraft?

Sustainable aviation fuel can reduce greenhouse gas emissions by up to 80% compared to fossil jet fuel.

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Sustainable Aviation Fuel Plays Critical Role In The Quest For Net-Zero Carbon Emissions

Greg Fell, CEO, JETNET. We are the trusted source of information and intelligence for the business aviation community.

I was delighted to read that on March 25, 2022, Airbus performed the first A380 flight powered by 100% sustainable aviation fuel (SAF). As Airbus notes in its press statement, the A380 is actually the third Airbus aircraft type to fly on 100% SAF within the past year. These three flights are important data points in the larger picture of aviation progress and innovation.

Wider adoption of SAF is an essential step on our journey to reducing greenhouse gas (GHG) emissions, which are harmful to our atmosphere. Even though business aviation contributes only a tiny fraction (0.04%) of CO2 emissions, I believe we can play a key role in accelerating the transition to SAF. Business aviation contributes $150 billion to the U.S. economy and employs more than 1.2 million people, according to the National Business Aviation Association (NBAA). We have the influence to punch above our weight, and we are uniquely positioned to serve as authentic role models for positive change.

Sustainable aviation fuel sounds too good to be true, but it is true. The great advantage of SAF is that it is safe, certified and ready to use today. It’s a drop-in source of fuel with the potential to reduce the aviation sector’s carbon footprint. That’s why it's important that we, as an industry, champion the production, availability and use of SAF.

SAF is ready for takeoff.

What precisely is SAF? Here’s a handy definition from the U.S. Department of Energy.

“SAF is a biofuel used to power aircraft that has similar properties to conventional jet fuel but with a smaller carbon footprint. Depending on the feedstock and technologies used to produce it, SAF can reduce life cycle GHG emissions dramatically compared to conventional jet fuel.”

The DOE’s Office of Energy Efficiency and Renewable Energy has estimated that the U.S. has the potential to sustainably collect one billion dry tons of biomass each year, enough to produce 50 to 60 billion gallons of low-carbon biofuels.

SAF also provides benefits that go beyond reducing CO2 emissions. According to Neste, the world's leading producer of SAF, not only does SAF reduce GHG by up to 80% compared to fossil jet fuel use, but it also produces lower particulate emissions and less contrail.

Demand is surging, but will supply catch up?

The global market for SAF is expected to grow substantially, driven by demand across every segment of the aviation industry. Bryan Sherbacow, CEO at Alder Fuels, foresees a future in which renewable fuels are the norm and not the exception. The issue isn’t lack of demand. Most of the aviation executives and operators I speak with are genuinely interested in low-carbon fuel.

What’s missing is a coordinated set of targeted economic incentives and regulatory guidelines that will jumpstart the era of broad SAF adaption. In California, operators can take advantage of state and federal incentives to lower the cost of buying SAF. Oregon and Washington reportedly have similar programs in the queue. Ideally, populous states on the East Coast will follow those examples and create their own programs to encourage wider use of SAF.

Net-zero carbon is the goal.

To be sure, SAF is not the only answer to mitigating GHG emissions. Improvements in airframe and powerplant technologies, along with more efficient modes of operation and targeted economic policies, are also part of the solution. In the near future, we’ll probably see more aircraft powered by electricity. Frankly, I look forward to taking short hops around town in an eVTOL (electric vertical takeoff and landing) vehicle. Further into the future, we may even see aircraft operating on hydrogen fuels.

But those alternatives are still largely in test mode. SAF, on the other hand, is here today and ready for use in jet aircraft. SAF is a drop-in fuel that requires no special modifications or additional infrastructure to store, deliver or use.

“The development and commercial deployment of SAF offers the most promising opportunity for reducing net GHG emissions from aviation operations,” according to Fueling the Future: Sustainable Aviation Fuel Guide, a report created by the Business Aviation Coalition for Sustainable Aviation Fuel.

In the U.S., SAF is now available mainly on the West Coast. But even if you’re operating from an airport that doesn’t provide SAF, you can still take advantage of it through a procedure called “book and claim," which allows business jet operators to buy SAF at an airport where it isn’t physically available and receive credit for the reduction in carbon emissions.

I’ll leave you with this thought: Business aviation is an admired industry, and our hearts are in the right place. Our quest to achieve net-zero carbon emissions before 2050 is both noble and practical. Let’s use our leadership skills in concert with the global aviation community to get the job done. Right now, we need more states in the U.S. to join the cause and create programs that will spur wider adoption of SAF.

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The aviation industry, including CFM International, targets zero emissions and a 20% fuel reduction by 2050.

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Content: Aviation industry calls for accelerated support to achieve zero emissions by 2050
The survey showed that participants are unanimous in achieving and investing in sustainability
Praying for Mahmood
3: 23 PM, Thursday, 15 Jun 23
GE Aerospace has conducted a survey of 325 aviation decision-makers from six countries, including the UAE, as the aviation sector prepares to participate in the Paris Air Show next week and the Dubai Airshow next November.
The survey showed a consensus on achieving and investing in sustainability, while stressing the need to accelerate support to reach the sector ’ s overall goal of net zero emissions by 2050.
The survey, conducted by French pollster Ipsos on behalf of GE Aerospace, also showed that the vast majority of companies said they were translating their sustainability strategies into reality, with 76% of respondents believing that sustainability has radically changed the way they work in the aviation industry, and the majority of those committed to sustainability strategies indicated that their companies ’ investments in sustainability will grow or remain constant despite rising inflation and recession risks.
Almost a third of respondents (30%) considered achieving the aviation sustainability goal the biggest challenge today, surpassing supply chain (19%) and business problems (11%), reflecting the industry ’ s strong drive for sustainability, and its companies and various organizations to reach net zero carbon emissions by 2050.
The majority (88%) also reported that their companies are actually implementing sustainability strategies, and most said that these strategies have significantly or moderately affected their company ’ s work (74%), their investment (73%), and their employment policy (62%).
Allen Paxson, vice president and general manager of commercial program strategy at GE Aerospace, said the survey results demonstrate the aviation industry ’ s commitment to achieving its goal of net carbon emissions by 2050 and the need for the industry to quickly receive the necessary support from various stakeholders to reach this goal.
Together with our industry partners responsible for operating three quarters of the world ’ s flights, we understand our responsibility to address the challenges facing the aviation industry in more sustainable and efficient ways to meet the requirements of our customers. ”
While 46% of respondents said the aviation sector would achieve its goal of net zero carbon emissions by 2050, 32% said it would not, and 22% questioned the possibility of this happening.
On average, respondents said the aviation industry would meet its target by 2055 due to significant hurdles of rising costs, budget pressure, supply chain problems and energy resources.
29% of respondents chose the government as the external group exerting the most pressure to accelerate sustainability, with 61% showing a preference for incentive and policy support approaches over mandates and regulations.
The most important task for the government to achieve the 2050 target is to boost investment in sustainable jet fuel, survey respondents said.
GE Aerospace began testing sustainable aviation fuel in 2007, and today, all engines produced by the company and its partners can be powered using certified sustainable aviation fuel blends.
The company and its customers and partners are developing more efficient equipment, investing $2 billion in aviation research and development in 2022.
CFM International, a joint venture between GE and Safran aircraft engines equally, aims to reduce fuel consumption and emissions by 20% in one generation compared to existing aircraft engines, through its revolutionary Sustainable Engines Innovation Program (CFMRise).
GE Aerospace is collaborating with NASA and Boeing to develop a megawatt hybrid electric powertrain as part of its Electrified Powertrain Flight Demonstration project.
CFM International is also planning to develop a hydrogen combustion engine for ground and air tests using Airbus aircraft.
Praying for Mahmood
3: 23 PM, Thursday, 15 Jun 23

Government incentives and policy support are key to accelerating sustainability in the aviation sector through regulations and sustainable fuel incentives.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel