The global demand for fuel-efficient aircraft is driving aerospace market growth as airlines seek to recover from the COVID-19 crisis, with passenger traffic demand expected to grow 3.6% annually over the next 20 years.

The Middle East and Africa are expected to drive demand for fuel-efficient aircraft, led by airlines like Qatar Airways and Etihad.

The Asia-Pacific region, particularly India, is expected to be a key market for fuel-efficient aircraft, driven by acquisitions like Air India's 250 Airbus planes.

Asian companies, mainly Chinese and Indian, are expected to lead demand growth for fuel-efficient aircraft.

The total demand for aircraft from 2023-2042 is expected to be 40,850 units, comprising 32,630 narrow-body and 8,220 wide-body liners.

Cirium expects 45,000 fuel-efficient aircraft, worth $2.9 trillion, to be delivered by 2040.

China is expected to top the list with a 20% share in aircraft deliveries due to 6%-plus air passenger growth.

Airbus expects demand for 39,490 new aircraft over the next 20 years, driven largely by the Asia-Pacific region.

Boeing expects the global civil aviation market to recover, with demand for 43,610 new aircraft over the next 20 years.

The North American market leads in demand for new aircraft, with 9,160 expected, followed by China's 8,700.

Airbus aims to be carbon neutral by 2050, and targets a hydrogen aircraft by 2035.

Boeing and NASA are designing a more fuel-efficient single-aisle aircraft that will use up to 30% less fuel than current designs.

The aviation industry aims for net zero emissions by 2050, with IATA approving a resolution for the air transport industry to achieve net-zero carbon emissions by 2050.

Neste is the world's largest producer of SAF, aiming to reach 5.5 million tons of production per year by 2023, and SAF reduces carbon emissions by up to 80% compared to traditional aviation kerosene.

The industry's best hope to hit its 2050 net-zero goal is SAF, with the International Air Transport Association estimating SAF c

The global demand for fuel-efficient aircraft is driving aerospace market growth as airlines seek to recover from the COVID-19 crisis, with passenger traffic demand expected to grow 3.6% annually over the next 20 years.

Title:

Content: Dubai: Qatar Airways and Airbus have moved on from their dispute over the A350s and undertaken a repair project to get the planes back in the skies, according to a senior official with the European aircraft maker.

Mikail Houari, President of Airbus’ Africa and Middle East operations, stressed that the settlement was not an admission of liability for either party. He also projected short-term pressures to air traffic because of a bleak global GDP outlook.

IATA, in its December report, said international traffic in 2022 climbed 152.7 per cent vs 2021 and reached 62.2 per cent of 2019 levels. How do you see the trend holding up in 2023?

Also read

Air traffic has been recovering continuously since travel restrictions were lifted, with a few notable exceptions. We expect short-term pressures from limited global GDP outlook, fluctuations in oil price and higher inflation, but these are likely to normalise within a few years. According to our latest forecast, demand for passenger traffic will grow annually by 3.6 per cent over the next 20 years.

According to your new annual report, gross commercial aircraft orders increased to 1,078 compared to 771 in 2021. Any projections for 2023?

Clearly, there is demand for Airbus products as demonstrated by the strong order book. While orders will remain strong, we can't expect every year to be a record one. The Airbus backlog stands at over 7,200 aircraft.

Assuming no additional disruptions to the world economy, air traffic and our ability to deliver products and services, our target is to achieve 720 commercial aircraft deliveries in 2023.

Airbus and Qatar Airways recently settled their dispute over the grounded A350 jets. How was this agreement reached?

Qatar Airways and Airbus are pleased to have reached an amicable and mutually agreeable settlement in relation to their legal dispute over A350 surface degradation and the grounding of A350 aircraft. A repair project is now underway and both parties look forward to getting these aircraft safely back in the air.

The details of the settlement are confidential and the parties will proceed to discontinue their legal claims. The settlement agreement is not an admission of liability for either party. This agreement will enable Qatar Airways and Airbus to move forward and work together as partners.

What kind of delays are you facing because of labour shortages affecting European countries right now?

We have moved from demand to supply pressures. The uncertainties along the supply chain are likely to continue for some time. But we also see that the overall supply chain challenges appear to be stabilising.

We maintain our assessment that the situation on the supply side will remain difficult in 2023. We have taken strong measures to deal with this additional complexity and to protect our ramp-up.

After 18 months of stability, our suppliers have transitioned from a full COVID-19 crisis mode to a ramp-up mode. This happens in a context of high prices, low stocks and re-hiring. We provided more visibility to suppliers than before - and this also gives us better visibility on their side for potential operational difficulties.

What’s next in the partnership with Etihad with respect to the A350?

Airbus’ Sustainability Engagement Program aims to investigate ways of improving aviation’s environmental performance, by providing a holistic view of short and long-term initiatives surrounding the Airbus fleet.

The Airbus A350 lies at the base of the ‘Sustainability50’ program, a partnership with Etihad, formed in 2021 to support the UAE’s road to achieving net zero emissions by 2050. The A350-1000 is setting new standards in air travel, with a 25 per cent reduction in fuel burn and emissions.

As part of our partnership with Etihad, we are working on exploring channels of cooperation in various areas such as sustainable aviation fuel, waste and weight management, and data driven analysis etc.

Are similar alliances in the works with other regional airlines such as Emirates?

Airbus is working towards the decarbonisation of aviation and is fully aligned with other industry actors. The journey to achieve Net Zero requires collaboration and investment and we are always open to opportunities and partnerships that have the potential to advance the decarbonisation of the aviation industry.

How much time do you anticipate it will take global airlines to fully transition to sustainable aviation fuel?

Over 100 million litres of SAF were produced in 2021 and according to IATA, more than 50 airlines around the world have experience with SAF. SAF can reduce emissions by up to 80 per cent on average during its full lifecycle.

The main challenge remains the emergence of a market to generalise the use of SAF. SAFs would have to be massively scaled up, and this could require investment anywhere from $10 billion to as much as $40 billion and upwards.

Currently, all Airbus commercial aircraft are capable of flying with an up to 50 per cent SAF blend mixed with kerosene and are targeted to be capable for 100 per cent SAF use in flight by the end of this decade.

Are all airlines, governments and fuel suppliers prepared for this transition?

This is a journey that all industry stakeholders have to collaborate on to achieve the desired outcome. There is a rising momentum in the aviation sector as governments and airlines align sustainability goals. We are already seeing governments and private sector undertake projects and announce initiatives to enhance sustainability (and) decarbonise the sector.

Which are the key markets that are specifically buying the A350?

We currently have 925 A350s on order from 54 customers. Qatar Airways is the largest operator of the A350, but we expect there to be ongoing demand for the aircraft as regional airlines move towards fleet modernisation and undertake carbon reduction initiatives.

The A350 family is a leader in sustainability fitted with the latest innovations that are redefining the future of flying. The A350 offers 25 per cent less fuel burn and CO2 emissions and 50 per cent less noise footprint compared to previous generation aircraft. Its versatility is evident with its flying range of up to 9,700nm/18,000 km.

What steps has Airbus taken to reduce its carbon footprint? Do you think it’s justified to target the aviation industry alone for carbon dioxide emissions?

We want to take a leadership position and are accelerating our own decarbonisation journey. We aim at reducing our industrial environment footprint at sites worldwide, developing a more circular model to optimise use of materials and reduce use of critical resources, and enhancing our product and services portfolio to positively contribute to climate change mitigation and adaptation.

We have the ambition to develop the world’s first zero-emission commercial aircraft by 2035 to ensure future generations can enjoy flying as much as we do. The aviation industry represents approximately 2.5 per cent of global human-induced CO2 emissions, surpassing the emissions contribution from many other industries.

We believe that aviation is not the problem but emissions are. Aviation will remain an essential mode of travel for the world, while being a crucial sector to many economies of the world in terms of its contribution to the gross domestic production.

Air India will acquire 250 Airbus aircraft. Over what duration will these planes be delivered?

The commitment includes 140 A320neo and 70 A321neo single-aisle aircraft as well as 34 A350-1000 and six A350-900 wide-body jets that will mark a new era for the country as the all-new, long-range aircraft celebrates its debut in the Indian market. Deliveries are set to commence with the first A350-900 arriving by late-2023.

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 Middle East and Africa are expected to drive demand for fuel-efficient aircraft, led by airlines like Qatar Airways and Etihad.

The Asia-Pacific region, particularly India, is expected to be a key market for fuel-efficient aircraft, driven by acquisitions like Air India's 250 Airbus planes.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Asian companies, mainly Chinese and Indian, are expected to lead demand growth for fuel-efficient aircraft.

Title:

Content: The leaders of demand growth are expected to be Asian companies, mainly Chinese and Indian.
The total demand for aircraft in 2023-2042 will be 40,85 thousand units, including 32,630 thousand for narrow-body liners, 8,220 thousand for wide-body liners, Airbus predicts.
It is expected that in the next 20 years, the world ’ s airlines will replace about 17,17 thousand old aircraft with new, more energy-efficient liners.
In the future, the demand for aircraft will increasingly be determined by the need to replace the old generation, given that the aviation sector sets itself sustainable development goals, according to the Global Market Forecast 2023 review.
Demand for cargo aircraft in 2023-2042 is expected to reach 2,510 thousand units.
According to the forecast of Airbus, by 2042, the global fleet of aircraft will be 46,560 thousand, including 3,23 thousand cargo ships.
The average growth rate of passenger traffic in the world 2019-2042 will be 3.6%, freight - 3.2%, Airbus expects.
Last year, the aerospace corporation predicted total demand for aircraft in the next 20 years at 39,490 units.

The total demand for aircraft from 2023-2042 is expected to be 40,850 units, comprising 32,630 narrow-body and 8,220 wide-body liners.

Cirium expects 45,000 fuel-efficient aircraft, worth $2.9 trillion, to be delivered by 2040.

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
Download
Loading media player...
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

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.

China is expected to top the list with a 20% share in aircraft deliveries due to 6%-plus air passenger growth.

Airbus expects demand for 39,490 new aircraft over the next 20 years, driven largely by the Asia-Pacific region.

Title:

Content: Airbus: Pacific will need 920 new aircraft in two decades - Sunrise Gate
Monday 27 February 2023 3: 14 PM Cairo Cairo 24 °
Most Read
You might like it, too.
Share your opinion
Do you support the expansion of Brazilian chicken imports to solve the poultry crisis?
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.
You might like it, too.
Share your comment

Boeing expects the global civil aviation market to recover, with demand for 43,610 new aircraft over the next 20 years.

Title:

Content: China surging news reported on the 15th, the United States Boeing released the 2021 version of the "Civil Aviation Market Forecast" report on the 14th, noting that basically, the global market is recovering according to the company's 2020 expectations.
The recovery in domestic air travel demand is leading the trend, with the interregional market expected to recover with the relaxation of hygiene and travel restrictions, and eventually remote international travel will return to pre-pandemic levels in 2023-2024.
In the next 20 years, the demand for new aircraft will reach 43,610, the highest in the North American market is 9,160, and the demand in China is 8,700.
The report pointed out that the economic recovery has laid the foundation for a rebound in air passenger traffic, and the future prospects for air passenger traffic will remain stable.
Looking forward to 2025, GDP will increase by more than 15% compared to 2019, and GDP per capita will increase by about 10%.
The 21-year average passenger flow growth from 2019 to 2040 is expected to be 4%, in line with last year ’ s forecast, indicating that the basic global demand for air transport has not changed.
The report predicts that due to cyclical and structural market dynamics, the future air cargo market demand is strong, and full cargo aircraft is a significant growth area, including original cargo aircraft and modified cargo aircraft are forecast to increase from the previous year.
Thanks to the growth of e-commerce and the speed and reliability of air cargo, the world cargo fleet will increase from about 2,000 in 2019 to about 3,400, and the sustainable demand for air cargo will increase the global cargo fleet by more than 70% compared to the pre-pandemic size by 2040.
Notably, the report predicts that the world will need 19,000 civilian aircraft worth $3.2 trillion in the next 10 years, and demand for more than 43,500 new aircraft worth $7.2 trillion in the 20-year period to 2040, an increase of about 500 over the previous year ’ s forecast.
Among them, as of 2040, the demand for regional jets is 2,390, single-aisle aircraft 32,660, wide-body aircraft 7670, wide-body cargo aircraft 890, and aircraft demand totals 43,610.
The North American market has the highest demand, at 9,160, and the Chinese demand is 8,700.
This demand will lead to a 3.1% annual growth in the global active fleet, with the global civil aviation fleet set to surpass 49,000 by 2040, China, Europe, North America and Asia Pacific each accounting for 20% of new aircraft deliveries, with the remaining 20% going to emerging markets.
Traffic disruptions have a significant impact on aircraft deliveries and active fleets due to the pandemic. The report anticipates that the civil aviation industry will need more than 7,500 new wide-body aircraft by 2040 to meet fleet renewal and long-term growth in demand in the remote passenger and cargo market.
These demand increased slightly from the previous year, but decreased by 8% from 2019.
At present, single-aisle aircraft account for nearly 64% of the global passenger fleet, and single-aisle aircraft account for the largest proportion of new aircraft deliveries, roughly in line with pre-pandemic forecasts, accounting for 75%, and demand for more than 32,500 aircraft over the next 20 years.
The report notes that global demand for new single-aisle aircraft is driven by the size and flexibility of single-aisle aircraft.
In the future, these new single-aisle aircraft will continue to promote the development of low-cost airlines and provide the needed alternatives for older, less efficient aircraft.
The three regional markets for the new single-aisle aircraft are Asia Pacific, Europe and North America, which account for more than 80% of global low-cost airline capacity in 2019 and throughout the forecast period.
In addition, the report predicts long-term growth in the short-haul market, especially in emerging markets, and predicts that intra-regional short-haul travel accounts for more than half of the industry ’ s total growth demand, with inbound travel alone accounting for 17% of the industry ’ s new capacity.
Historically, excursions have been spurred by improved services, such as new direct routes and lower fares through low-cost airlines.
The report predicts that the share of Asian airlines in the global market will continue to increase, with China ’ s passenger share expected to grow from 15% in 19 years to 20% in 2040, and Asia Pacific ’ s passenger share expected to grow from 18% in 19 years to 21%.
# Growth # Planes # Forecasts # Future # Markets

The North American market leads in demand for new aircraft, with 9,160 expected, followed by China's 8,700.

Airbus aims to be carbon neutral by 2050, and targets a hydrogen aircraft by 2035.

Title:

Content: Human beings and nature are inseparable, sustainable development is the focus of human beings since the new century. Global sustainable development is economic, ecological and social multi-dimensional sustainable, facing a series of challenges such as energy shortage, climate change, population growth, epidemics, social inequality, etc., these problems need scientific and technological support, and finally achieve harmonious coexistence between human beings and nature.
At the 70th session of the United Nations General Assembly in 2015, 193 Member States signed the 17 Sustainable Development Goals (SDGs) and the 169 Agenda for Transforming Our World: The 2030 Agenda for Sustainable Development, which aims to comprehensively guide humanity on the path to sustainable development in three dimensions: social, economic and environmental.
On December 4, the BEYOND Organizing Committee made great efforts to build the Sustainable Development Goals (SDG) Summit. Under the chairmanship of Chen Yonglan, Senior Partner of Oerizer Fund Group and President of Asia Pacific China, Philipp Visotschnig, Vice President and Chief Financial Officer of Airbus China; Xue Wujun, General Manager of Huawei Digital Energy Global Market; Kasai Michihiko, General Manager of KDDI Open Innovation Fund; Leslie Maison, New Development Bank Asdorp.
An in-depth exchange on the topic “Global Opportunities and Challenges for Investing in Sustainable and Smart Infrastructure ”.
Focus on green energy for sustainable development
The key areas of the SDGs are climate change and sustainable infrastructure development.
The guests first shared with us how businesses support sustainable development.
Philipp Visotschnig, vice president and chief financial officer of Airbus China, said that the aerospace sector is facing sustainable development challenges, and climate change is the biggest challenge facing humanity today.
Aviation accounts for 2.5% of today ’ s human carbon emissions.
The SDGs need to be embedded in products, in the development process, in the way that will shape the future of the next decade.
Second, aviation and the internet are the only industries that really connect people and can bring people around the world together.
A regulatory framework that is fair to everyone should be established to find the right pricing.
Xue Wujun, general manager of Huawei Digital Energy Global Market, said that Huawei has always attached great importance to sustainable development.
On the one hand, Huawei releases a report on sustainable development every July; on the other hand, sustainable development is a strategy of Huawei, paying particular attention to green environmental protection, mainly from three aspects to achieve.
First, reduce carbon emissions.
The second is to promote a circular economy, and the third is to introduce renewable energy.
In terms of reducing carbon emissions, Huawei ’ s carbon emissions in 2020 fell by about 33.2% compared to 2012, exceeding the target of its 2016 commitment.
In promoting a circular economy, use recyclable and degradable environmentally friendly materials, and maximize the use of product materials, packaging materials.
In terms of introducing renewable energy, Huawei's manufacturing plants and several research institutes have installed photovoltaic power generation, which can generate 19 million kWh of electricity annually, equivalent to reducing carbon emissions by 9,000 tons.
Leslie Maasdorp, vice president and chief financial officer of the New Development Bank, sees the financial sector as playing a crucial role in driving carbon neutrality.
Most companies have announced goals to be carbon neutral by 2050.
This will lead to a number of business model changes.
Finance plays a crucial role in this.
Many banks have introduced new green financial instruments, and central banks have used regulatory powers to ensure that commercial banks encourage customers to invest more in the green space.
What ’ s more, consumers can recognize that their personal consumption behavior will affect environmental change, which is not the responsibility of banks, central banks, governments, this is the ongoing social change.
"Companies that are able to successfully innovate and deliver green products, green solutions will be the most successful, ultimately gaining greater value in the market," added Leslie Maasdorp.
Kasai Michihiko, managing director of the KDDI Open Innovation Fund, said that many companies see SDGs as an important business area.
But in reality it ’ s a social problem that “a company ’ s ideas or actions aren ’ t enough to solve the problem. ”
It requires collaboration and synergy between users, large companies, startups and governments. ”
Reduce Carbon Emissions and Help Achieve Carbon Neutrality
There has been a lot of discussion about whether aircraft use renewable energy or gasoline, and Philipp Visotschnig, vice president and chief financial officer of Airbus China, commented and shared the future trends.
Airbus has promised to be carbon neutral.
And it is ready to offset the growth in carbon emissions through financial mechanisms.
Second, Airbus is committed to achieving net CO2 emissions by 2050 and is working towards that end.
“We see two technologies that can control the growth of carbon emissions.
First, Airbus ’ long-term vision is to use hydrogen engines and commit to having the first hydrogen aircraft by 2035.
In addition, the medium-term solution is to use sustainable aviation fuels based on seaweed.
Airbus is working with engine manufacturers to get it certified.
It is also working with governments to create markets and ensure that airlines have the opportunity to take action.
At the same time, manufacturers also have the opportunity to make money.
2050 may seem a long way off, but we ’ re working on it.
First, using existing technology, we reduce emissions by 2.1% per year.
Second, since 1990, 10 billion carbon dioxide emissions have been reduced, and if future aircraft fly with hydrogen as fuel, and there is enough hydrogen available, 20 years from now Airbus and the aviation industry will really help reduce carbon emissions and be carbon neutral, ” Philipp said.
Subsequently, Xue Wujun also shared Huawei's specific means and measures to reduce emissions for users or industries.
As a communications equipment company, Huawei has previously placed great emphasis on helping customers achieve their values and goals through technological innovation.
Now carbon integration has become the world's broadest consensus, and customers are also paying great attention to it.
In response to the demand, Huawei established Huawei Digital Energy Technology Co., Ltd. in June 2021, which is committed to integrating digital technology and power electronics technology for innovation.
Carbon neutrality in the future is mainly to reduce carbon emissions to 0, the main source of carbon emissions is actually 40% from electricity, electricity is mainly the use of fossil energy, so the core of carbon integration is energy change.
In terms of power generation, Huawei replaces traditional fossil energy with renewable energy.
From clean power generation, efficient electricity consumption, to the electrification of transportation, the integration of digital technology and power electronics technology and the introduction of intelligent photovoltaic solutions, power generation can be increased by 2 to 3%, and operation and maintenance costs can be reduced by 50%.
To help customers and society as a whole use energy more efficiently through digitization and infrastructure, while saving energy use, and finally achieving a carbon-neutral goal.
Leslie Maasdorp, vice president and chief financial officer of the New Development Bank, then talked about how to help emerging economies achieve their goals, saying that the core and main task of the New Development Bank is sustainable development.
Since its inception, the NDB has never funded coal-fired power stations or mines. "Sustainable development is a goal we have always pursued, and the role of the development bank is to promote and solve problems.
We are working on a series of strategies where the historical responsibility for the climate crisis facing developing countries is relatively small, and we must find a policy to ensure that the transition to carbon neutrality is done in a fair and adjustable manner, taking into account the historical responsibility of the developed countries.
Therefore, as development banks, we must not only use our capital, but also find equitable ways to promote economic growth and sustainable development. "

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

It is making efforts to improve aircraft efficiency.

Which manufacturer is going to test hydrogen engine for aircraft?

Boeing and NASA are designing a more fuel-efficient single-aisle aircraft that will use up to 30% less fuel than current designs.

Title:

Content: Science and Technology
NASA is working to design new, more fuel-efficient aircraft with Boeing
Thank you for reading the news about technology: NASA is working on designing new fuel-efficient aircraft with Boeing and now with details
CAIRO (Reuters) - NASA has announced that it will work with Boeing on a new type of fuel-efficient single-aisle aircraft for commercial use, with the aim of reducing fuel emissions and reducing the climate impact of aviation, according to theverge ’ s report.
“It ’ s also a climate agency, ” NASA Administrator Bill Nelson said at a press conference,“ NASA is monitoring the Earth from space — using tools like satellites to monitor global weather and water systems — and developing technologies to reduce carbon emissions.
But NASA is also developing aircraft, such as its X-57 Maxwell electric plane and Super Guppy transport plane, and that includes developing flight technologies that eventually make their way into the types of commercial aircraft that most of us use today.
"When you fly in any type of aircraft, you're surrounded by NASA technology," Nelson said, and advances in aircraft design such as winglets, small vertical extensions of wings, were created by NASA in the 1970s and are now ubiquitous on passenger planes.
The agency hopes its sustainable aviation project will deliver a similar kind of innovation in the form of a new wing structure called the voice-assisted wing, and will work with Boeing to design and build the new aircraft, which should be more fuel-efficient and can use up to 30% less fuel than current aircraft designs.
The concept is an aircraft with more efficient engines and wings that sit high on the fuselage and are longer and less wide, supported by a brace that comes from the bottom of the body, this creates less resistance, while both the wing and the brace provide lift power.
Bob Pierce, associate director of NASA's Flight Research Mission Directorate, said: "The aerodynamics of this type of configuration have already been known for a long time.
“If you increase the aspect ratio of a wing, it ’ s normal to lower that aircraft ’ s induced drag — drag from lifting, and we know that if we do that, you ’ ll get better aerodynamics, you ’ ll get less drag, and you ’ ll burn less fuel. ”
The challenge, in this case, is to create the desired structure for this wing shape without adding too much weight to the aircraft.
Boeing unveiled the first version of the concept in 2019, but it will take several years to integrate other technologies and move from demonstration to practically usable.
The idea is that unlike NASA ’ s supersonic X-59 QueSST, which is also currently under development but will never carry passengers, this will not only be an experimental aircraft.
NASA wants to develop a technology that can be used commercially, Nelson said, “This project aims to revolutionize the type of aircraft that the public frequently uses when flying in the sky. ”
NASA aims to launch its first prototype in 2028 and to be commercially used by 2030.
You may also read.

What does NASA want to do with Boeing in aviation industy?

It wants to build, test, and fly a single-aisle aircraft to reduce emissions before the end of the decade.

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 aims for net zero emissions by 2050, with IATA approving a resolution for the air transport industry to achieve net-zero carbon emissions by 2050.

Title:

Content: Dubai to gather aviation industry leaders on March 5
T + T - normal size
Aviation Week has unveiled the agenda for the Middle East Aircraft Maintenance, Repair and Refurbishment and Middle East Aircraft Interior Design exhibitions, which aims to drive the industry ’ s efforts towards business expansion in the Middle East, where the region, which plays a pivotal role in global aviation traffic, is witnessing significant growth in the aviation sector.
Demand for new aircraft is also increasing to meet the requirements of airlines in line with their plans to expand their fleet and modernize their aircraft, and the contribution of the aircraft maintenance, repair and refurbishment sector in the region is expected to reach more than 11.5% globally over the next 10 years, boosting the size of the market to exceed the US $137 billion margin in the Middle East.
The Middle East ’ s interior design market will rise from $0.93 billion in 2024 to $1.26 billion by 2030, according to recent forecasts, due to the trend towards enhanced passenger experiences and growing demand for premium economy class.
Taking place on 5 and 6 March 2024 at the Dubai World Trade Centre (DWTC), more than 50 global and regional leaders are expected to discuss trends driving the industry ’ s growth, including Justin O ’ Donnell, Director of Technical Operations at Riyadh Airline, Geoffrey Wilkinson, CEO of Dubai Aerospace Industries, Salman Iqbal, Senior Technical Supply and Contracts Manager at Etihad Airways, and Andrei Kochi. Technical Director at Wizz Air.
The two-day agenda will focus on key topics in the aircraft maintenance, repair and refurbishment sector, including workforce and supply chain challenges, sustainability, improved fleet management and the benefits of new technology, as well as the regional and cargo market.
During a session titled “Aircraft Maintenance, Repair and Refurbishment: Sustainability – Where is the Sector Now? ”, OEMs will discuss sustainability initiatives in the Middle East and what they expect to see in the future, especially as the aviation industry approaches net zero emissions by 2050.
Colgate Gata Aura, president of Boeing Middle East, Turkey, Africa and Central Asia, said: “At Boeing, the future of the aviation industry will be digital, sustainable and automation driven.
Operational efficiency is one of the key pillars that will contribute to the sector ’ s net zero emissions.
Boeing continues to invest in areas that ensure our aircraft are equipped with the latest equipment to support advanced procedures, and we are working with airlines, government customers, air navigation service providers and airports to improve efficiency. ”
Ziad Al Hazmi, CEO of Lufthansa Technic Middle East, will also be taking part in a panel discussion titled “Aircraft Maintenance, Repair and Refurbishment: Workforce Challenges – Attracting, Training and Retaining Expertise ”.
Al-Hazmi said: “At Lufthansa Technic, we believe that investing in the workforce is one of the cornerstones of our success.
By focusing on attracting, training and retaining talent and expertise, we are able to build a team with all the expertise and dedication it takes to take our aircraft maintenance, repair and refurbishment business to the next level. ”
A series of sessions will cover the latest developments and trends in the aircraft interior design market.
This includes the future of cabin design, in-flight entertainment and communication systems, how to personalize passenger experiences, challenges and opportunities in the areas of modernization and sustainability, among others.
Ahead of the session “Addressing the Challenges of Airline Strategies in Updating, Maintenance and Repair of Passenger Cabins ”, Dr. Pravin Srivastava, Founder and CEO of Aerochamp Aviation, said:“ The passenger cabin is the only space on the aircraft that passengers can see and feel, and therefore the cabin designs are an important part of the overall perception that passengers take of the airline.
Due to increased competition and low price elasticity of demand, cabin design and comfort play a key role when choosing which airline to fly on.
I look forward to discussing strategies that will help overcome the challenges faced by airlines in modernizing and maintaining passenger cabins.
We also aim to help airlines improve cabin maintenance costs through the use of cutting-edge technologies, parts replacement options and certification. ”
The show also features the Onboard Hub, which will showcase a variety of cruise control products and free, interactive content, with a focus on the latest innovations in in-flight entertainment and the passenger experience.
Email

Title:

Content: Dubai: Aerospace industry CEOs, executives, and officials will gather at the Dubai Airshow on November 14 as the pandemic’s first in-person aviation event takes off.

The air show, which will go on till November 18, will be the largest aerospace trade event to be held globally, with the cancellation of European shows Farnborough and Le Bourget in 2020 and 2021, respectively. The event, which is expected to pull in more than 85,000 visitors, will take place at its purpose-built venue -- Dubai Airshow Site -- at the Dubai World Central airport.

Also read

The mega event will have more than 1,200 exhibitors from 148 countries, displaying over 160 aircraft. It will also include a host of free-to-attend conferences featuring more than 250 industry experts who will share insights and trends across nine areas of expertise including cargo, sustainability, technology and space, among others.

Timothy Hawes, Managing Director at Tarsus Middle East, organisers of Dubai Airshow 2021 said: “The Dubai Airshow 2021 will be like no other – it is the first opportunity since the pandemic for industry professionals to come together again to share significant updates, game-changing initiatives, cutting-edge technologies and sustainable solutions set to revolutionise aviation. We stand at a unique moment in time after many aerospace businesses rapidly pivoted operations and invested in new technology to drive a new sustainable era for the industry.”

Dubai’s recovery

The air show comes as Dubai’s aviation sector bounces back from the pandemic, which led to the grounding of passenger jets and wiped out air travel demand across the world. Over the last year, Emirates and flydubai have slowly restored their networks as major markets opened for travel.

The Dubai Airshow is a testament to the emirate’s response to the pandemic, said Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, and Chairman and CEO of Emirates airline and group, during a media briefing earlier this month.

Dubai’s COVID-19 response was focused on “protecting the health and wellbeing of the people as a top priority, while minimising the impact of the crisis on the nation’s economy,” he had said.

Dubai’s aviation recovery is reflected in Emirates’ latest financial results. The airline posted an 81 per cent surge in its revenue to Dh24.7 billion in the April to September period this year. Emirates carried 6.1 million passengers between April 1 and September 30, 2021, up 319 per cent from the same period last year.

Focus on sustainability

Sustainability will be a top agenda for airlines at the air show amid increasing pressure from investors and activists to cut carbon emissions. The talk will mostly be about adopting more fuel-efficient aircraft and sustainable aviation fuels (SAFs).

In a landmark move in October, the International Air Transport Association (IATA) approved a resolution for the global air transport industry to achieve net-zero carbon emissions by 2050. The global aviation industry is responsible for around 2 per cent of all emissions – flights produced 915 million tonnes of carbon dioxide in 2019.

Cargo boom

Airlines will be in talks with the two major plane-makers – Boeing and Airbus – on potential freight aircraft orders amid a global supply crunch. “With international travel still severely depressed, there are fewer passenger planes offering belly capacity for cargo. And supply chain bottlenecks could intensify as businesses continue to ramp up production,” said Willie Walsh, IATA’s Director General, in a statement earlier.

Demand for freighters has gone through the roof during the pandemic with global consumers shopping online for everything from tech gadgets to groceries. Global demand, measured in cargo tonne-kilometers, was up 7.7 per cent compared to August 2019, according to the industry body.

Aircraft display

one of the biggest highlights of the show will be the static park and flying display, which will feature more than 175 of the world’s most advanced aircraft on ground and in the air. The Airshow will feature aerobatic displays from the UAE Air Force’s Fursan, the Russian Knights, the Saudi Hawks, Surya Kiran from India and the Sarang Team of the Indian Air Force. Checkmate, the next generation Sukhoi fighter jet will make its first international debut for the next generation Sukhoi fighter jet. The Boeing 777X and the Leonardo AW609 will also make debuts at this year’s Airshow.

Conferences

This year, Dubai Airshow has introduced a host of free-to-attend conferences featuring more than 250 industry experts, who will be providing more than 50 hours of invaluable insights and trends across nine tracks including cargo, sustainability, technology, and space among others.

VISTA

Aerospace startups will take part in the brand new startup hub where they will have the opportunity to showcase their breakthrough solutions, take part in pitch competitions with major local and global aerospace entities such as Etihad Airways, Mohammed Bin Rashid Space Centre (MBRSC), Amazon Web Services (AWS) and Boeing Applied Innovation. Entrepreneurs will also have the chance to get involved in mentorship programmes, workshops, and high-level networking with leading investors and accelerators.

There will be new aircraft demos from Bellwether Industries presenting the Antelope, an urban vertical take-off and landing vehicle with hidden propellers as well as Manta Aircraft’s ANN2, a two-seat model for personal air mobility with wide regional range at high speed.

Tech zone

Dubai Airshow 2021 will have a major focus on technology, providing a dedicated platform for showcasing the latest emerging technologies, including Artificial Intelligence (AI), 5G, cybersecurity and automation.

Dubai Airshow mobile application - A brand new feature for the show this year is the Dubai Airshow application, which harnesses the power of AI to facilitate business matchmaking based on profile and interest.

Neste is the world's largest producer of SAF, aiming to reach 5.5 million tons of production per year by 2023, and SAF reduces carbon emissions by up to 80% compared to traditional aviation kerosene.

Title:

Content: autoevolution
Car video reviews:

Airbus Partners With the Biggest SAF Producer to Ramp Up Sustainable Fuel Availability

Although they’re working on pioneering electric and hydrogen-based propulsion solutions, the biggest players in the aviation industry, such as Airbus and Rolls-Royce, are perfectly aware that that’s going to take a long time. Aviation is one of the most difficult transportation sectors to decarbonize. In the meantime, SAF (Sustainable Aviation Fuel) can effectively act as the best temporary solution, as long as its production is scaled up all over the world.
7 photos
Neste is turning out to be one of the most important names when it comes to SAF. It claims to be the world’s largest producer, gearing up to increase its capacity even more, aiming for 5.5 million tons per year, starting 2023.

It will do so by extending its presence. New facilities will start operating in Singapore and California, in addition the ones in Europe. This will also make Neste one of the few SAF producers with operations on three continents.

In addition to that, it has recently partnered with two aviation giants, Rolls-Royce and Airbus. Last month, Rolls-Royce announced that it will start working with Neste on the implementation of SAF for diesel engines. This collaboration isn’t limited to aviation, but extends to rail and construction work as well.

Following that, Airbus recently made a similar announcement, confirming that it has also partnered with the Finnish company.

That’s because low availability is still one of the main challenges in the wide-scale adoption of this alternative fuel, according to Airbus. Plus, current aircraft are only certified to operate on 50% SAF, so there’s work to be done in order to reach a full 100%. Airbus hopes to achieve this by the end of this decade.

Neste was also linked to one of the most important milestones for the use of SAF. Earlier this year, a Malaysia Airlines Boeing 737-800 completed the world’s first passenger flight powered by SAF, which was provided by Neste.

press release

Would you like AUTOEVOLUTION to send you notifications?

You will only receive our top stories

The industry's best hope to hit its 2050 net-zero goal is SAF, with the International Air Transport Association estimating SAF c

Title:

Content: Want climate-friendly flights? It could take a while

Sustainable aviation fuel is the industry’s best hope to hit its 2050 net-zero goal. Producers say SAF reduces greenhouse gas emissions by up to 80%, compared to regular jet fuel, over its life cycle. Made from sources like used cooking oil and plant waste, it can be blended with conventional jet fuel but costs much more and will eventually trickle down to the passenger.

  • Updated On Jul 5, 2023 at 09:10 AM IST
When it comes to flying, going green will not only cost more, it will also involve a long wait before the strategy can take off.

At the recently concluded Paris Air Show, the world’s largest aviation event, airlines and manufacturers said new planes will be more fuel efficient than the ones they will replace. But most of those planes will burn conventional, kerosene-based jet fuel. While work on electric-powered aircraft is going on, these won’t catch on as quickly as electric vehicles. “It’s a lot easier to pack a heavy battery into a vehicle if you don’t have to lift it off the ground,” said Gernot Wagner, a climate economist at New York University, US.

Advt
That means sustainable aviation fuel (SAF) has become the industry’s best hope. Producers say SAF reduces greenhouse gas emissions by up to 80%, compared to regular jet fuel, over its life cycle. Made from sources like used cooking oil and plant waste, it can be blended with conventional jet fuel but costs much more. As of today, SAF still accounts for just 0.1% of all jet fuel.

continued below
But suppliers are “going to be able to kind of set the price”, said Molly Wilkinson, American Airlines vice-president. “And we fear that at that point, that price eventually is going to trickle down to the passenger.”

Critics speak

Which is why critics call airlines’ promises about ramping up the use of SAF overly ambitious, while also doubting if the industry can hit its net-zero goal by 2050.

Advt
Delta Air Lines is being sued by critics who say the carrier falsely bills itself as the world’s first carbon-neutral airline, and that Delta’s claim rests on carbon offsets that are largely bogus.

And in the European Union, a consumer group filed a complaint accusing 17 airlines of greenwashing. The group says airlines are misleading consumers and violating rules on unfair commercial practices by encouraging customers to pay extra to help finance development of SAF and offset future carbon emissions created by flying. In one case, the group’s researchers found Air France charging up to 138 euros for the green option.

“Sustainable aviation fuels are the biggest technological potential, but the main problem...is that they are not available,” said Dimitri Vergne, a senior policy officer at BEUC. “We know that before the end of the next decade — at least — they won’t be available in massive quantities” and won’t be the main source of fuel for planes, he added.

The International Air Transport Association, an airline trade group, estimates that SAF could contribute 65% of the emissions reductions needed for the industry to hit its 2050 net-zero goal. But very few flights are powered by SAF because of the limited supply and infrastructure.

McCann Worldgroup checks-in with the Air India ad biz

The selection process for this partnership entailed a rigorous evaluation as part of an exhaustive multi-agency pitch. The appointment comes as Air India has embarked on a five-year turnaround plan to become a world-class global airline by investing in customer service, technology, and products, the company stated in the press release.

Is Air India retiring its Maharaja? The aging mascot hits a crossroads

Air India's iconic mascot, the Maharaja, is facing an uncertain future as the airline undergoes a makeover under its new owner, the Tata Group. The Tatas have enlisted advertising agency McCann Worldgroup India to revive Air India's advertising and branding, creating a new brand platform and multi-channel marketing communication. While last year there were discussions about creating a new mascot, the CEO of Air India has stated that the Maharaja will remain a part of the brand.

  • Published On Jul 5, 2023 at 09:10 AM IST

Most Read in Marketing

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETBrandEquity App

  • Get Realtime updates
  • Save your favourite articles