Highlights We measure the CO2 emissions of European airlines for the period 2000–2010. We compute airlines’ productivity with an environmental-sensitive productivity index. We compare the obtained results with those resulting from a traditional index. The airlines considered experienced an average increase of productivity. The environmental sensible productivity growth is lower then the traditional one.
Abstract Due to the ongoing increase in the number of commercial flights, greenhouse gas emissions from aviation are expected to rise significantly. Balancing the pursuit of productivity growth with environmental-footprint control policies comprises a long-term regulatory challenge. In this light, the main goals of the present paper are: (i) to measure the CO2 emissions of European airlines from 2000 to 2010, (ii) to compute airlines’ productivity in developing an environmental-sensitive productivity index, (iii) to compare the obtained results with those resulting from a traditional index, and (iv) to identify the drivers affecting productivity changes. Our results show that on average, airlines’ relative CO2 emissions have decreased. Although the airlines we studied experienced an average productivity increase—both considering and not considering negative externalities production—environmentally sensible productivity growth is lower than traditional productivity growth. Finally, we find that improvements in load factor as well as a combined increase in stage length and aircraft size affect productivity changes positively, while fuel efficiency is significant only in the case of a CO2-sensitive measure of productivity.
An empirical assessment of the CO2-sensitive productivity of European airlines from 2000 to 2010
Transportation Research Part D: Transport and Environment ; 37 ; 137-149
2015-01-01
13 pages
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
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