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  • Sustainability Regulations Reshape Aviation Finance Strategy

    Learn more about EmeraldSky

    Global legislators – particularly those in Europe – are pulling on the levers of government to ensure aviation is subject to increasing regulatory change to reduce carbon emissions and encourage a transition towards operating more sustainably.

    It’s crucial aviation financiers understand the regulations, and their impact, not simply for compliance but to capitalize on emerging opportunities.

    The Sustainability Regulations Landscape

    Since 2013, aviation emissions have increased by 26% and are expected to continue to grow, with passenger numbers projected to double to 8.2 billion in 2037.

    By 2050, aviation could consume a quarter of the global carbon budget for limiting global temperature rise to 1.5oC.

    EU Member States aim to reduce net emissions by at least 55% by 2030 compared to 1990 and will become carbon emissions neutral by 2050.

    Against this backdrop, key regulatory frameworks have been implemented to reduce greenhouse gas emissions and mitigate the environmental impact of air travel.  These include the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA)and the European Union Emissions Trading System (EU ETS) among others. Additionally, countries including the UK and US have introduced national initiatives to reduce aviation emissions including the UK’s Jet Zero Strategy and the US’s Sustainable Aviation Fuel (SAF) Grand Challenge.

    Aviation sustainability-regulations

    With CORSIA aiming to create a globally unified approach to offsetting aviation emissions and flight emissions within the EU also being regulated by the EU ETS European carriers are facing a unique challenge.

    Adopted by the International Civil Aviation Organization (ICAO), CORSIA was developed and set the baseline levels for emissions exceeding 85% of 2020 levels. Its implementation aims to help the aviation industry reach its aspirational goal to make international flight growth carbon neutral and for airlines to have net zero carbon emissions by 2050. The mandatory phase of CORSIA is set to begin in 2027, with individual airlines accountable for their emissions by 2030.

    The EU Emissions Trading System (EU ETS) requires airlines operating in the European Economic Area to monitor, report, and verify their emissions and to surrender allowances equal to their emissions annually. This means from 2026, airlines will face the full cost of emitting carbon, as free allowances taper down to zero on intra-EU flights where the cap has been steadily above 80% since 2012.

    American multinational investment bank, Morgan Stanley, has predicted this could lead to substantial rise in carbon costs which will be passed on via higher ticket prices.

    Additionally, under the Refuel EU legislation, tankering must be reduced so 90% of annual fuel comes from an EU airport ensuring airlines are not using cheaper fuel outside the EU. From 2025, aviation fuel suppliers will also have to blend 2% SAF and kerosene, increasing to 70% by 2050.

    Regulation Implications for Aviation Finance

    Regulations such as these present both challenges and opportunities for financiers but what is clear is the continually changing regulatory landscape has financial impact. Airlines face higher operating costs due to the need to purchase carbon credits or emissions allowances whilst embracing new and emerging technologies. 

    With any financial health impact there also comes a threat to the ability to meet lease or loan obligations and aircraft leasing and finance agreements now need to consider potential financial impacts of compliance with CORSIA, EU ETS and other regulations.

    Financiers must factor these costs in when structuring finance agreements and deals or when assessing airline creditworthiness.  The costs also need to be accounted for when considering potential impact on aircraft valuation and lease terms because of the growing demand for aircraft capable of using SAFs, which can reduce lifecycle emissions significantly.

    sustainability-regulations2

    As a result, we are seeing investments in SAF infrastructure and technology development becoming increasingly attractive and while funding SAF projects and the transition of fleets to SAF-compatible models can be a significant investment opportunity, financing structures may need to adapt to support such initiatives.

    The UK government’s strategy focused on advancements in technology, operations, and SAFs to achieve net-zero aviation by 2050 and the US Sustainable Aviation Fuel (SAF) Grand Challenge encourages financiers to consider funding opportunities for aligned innovations and those that could benefit from government incentives.

    Financiers are also encouraged to consider certification status when evaluating SAF-related investments. The International Sustainability and Carbon Certification (ISCC), acertification system for the sustainability of raw materials and products, can also enhance the credibility and marketability of SAF projects, influencing investment decisions.

    Diversification and Funding

    More broadly speaking, portfolio diversification to include more sustainable assets that can reduce exposure to regulatory risks is increasingly important.

    Aircraft may require upgrades to meet new standards, impacting financing deals and residual value calculations. Aircraft residual value could also be influenced by environmental performance with older, less efficient aircraft potentially facing a decline in value, while newer, more sustainable models command a premium.

    There is also a rise in Sustainability-Linked Loans and Green Bonds. The loans offer favorable terms for borrowers meeting specific sustainability targets, such as reducing emissions or increasing the use of SAFs and the issuance of green bonds dedicated to financing sustainable projects in aviation is growing. These bonds attract investors focused on ESG criteria.

    These financial instruments not only support environmental goals but also attract investors focused on sustainable portfolios.

    Strategic Responses

    Aviation finance professionals must adopt strategic responses to navigate regulations effectively. This includes incorporating ESG Criteria into investment decisions including evaluating the environmental impact of aircraft and operations and ensuring transparency in reporting.

    Collaboration with airlines, manufacturers, and regulators is key to stay ahead of regulatory developments – through engagement in industry forums and working groups providing valuable insights and influencing policy-making.

    Financiers must develop and promote financing products that support the transition to sustainable aviation which could include green leasing options, financing for SAF projects, and investments in carbon offset programs.

    Focus should also turn to incorporating sustainability risks into broader risk management frameworks including assessing the potential financial impact of regulatory changes and the transition to low-carbon aviation.

    Moving forward, financing agreement clauses should also account for future regulatory changes and their potential impact on asset values and operating costs.

    EmeraldSky

    As sustainability regulations continue to evolve, the sector must remain agile and proactive which is where EmeraldSky by Cirium comes in.

    EmeraldSky represents a ground-breaking integration of data, analytics, and innovative methodology, delivering unparalleled precision in measuring aircraft and flight CO2 emissions.

    This is why Cirium’s EmeraldSky will be crucial in providing industry-leading data to enable airlines to make data-based decisions to ensure flights operate with optimal efficiency and reduce emissions where possible.

    It offers a precise and comprehensive perspective on aircraft and flight CO2 emissions as well as fuel consumption for every flight and aircraft. It takes in account every essential factor, such as aircraft model, engine type, age, flight duration, passenger count, and even cargo capacity, to ensure a highly accurate and comprehensive emissions assessment.

    Harnessing EmeraldSky, means businesses can secure a competitive advantage and contribute to a greener and cleaner future for their own operations and the industry as a whole.

    To learn more about this innovative game-changing methodology, visit Cirium.com/EmeraldSky.

    Looking Ahead

    Sustainability regulations are reshaping the aviation landscape and the shift towards greener aviation poses inevitable challenges and opportunities for aviation finance professionals.

    We will see the sector accelerate towards achieving net zero emissions by 2050 and by understanding the regulations and their implications, financiers can not only ensure compliance but strategically position themselves to support and benefit from the industry’s transition to a more sustainable future.

    The connection between sustainability regulations and aviation finance is becoming increasingly complex and critical but provides an opportunity for the aviation finance community to contribute significantly to the global efforts to combat climate change, while unlocking new opportunities for growth and innovation.

    Staying informed and adaptable is crucial to navigating the current regulatory landscape, ensuring that both compliance and competitiveness are achieved as the sector journeys towards a more sustainable future.

    Attending ISTAT EMEA in Istanbul? Book a meeting with our team to discover how Cirium enables data-based decision-making with reliable and comprehensive environmental flight intelligence. 

  • Carbon Emissions Rules Reshape Managed Business Travel

    JIm Hetzel Director of Product Marketing
    JIm Hetzel Director of Product Marketing

    Jim Hetzel, Director of Product Marketing, Cirium

    Carbon emissions reporting is becoming increasingly vital for corporate responsibility, especially for companies with managed business travel. In this era of growing environmental consciousness, understanding the impact of global regulations on carbon emissions has become crucial. Let’s dive into how these regulations can influence businesses and the benefits they bring.

    Carbon Emissions Reporting involves quantifying an organization’s greenhouse gas emissions into three scopes:

    Scope 1: Direct emissions from owned or controlled sources.
    Scope 2: Indirect emissions from purchased energy generation.
    Scope 3: Other indirect emissions, including business travel.

    Increasing Global Regulations

    Regulatory bodies worldwide are introducing strict rules on carbon emissions reporting to hold companies accountable for their environmental impact.

    European Union’s Corporate Sustainability Reporting Directive (CSRD):
    Mandates large companies in the EU to regularly publish reports on their environmental impact, including climate impact from business travel.

    California’s Climate Corporate Leadership and Accountability Act (SB 253) and Climate-Related Financial Risk Act (SB 261):
    Requires companies to disclose their entire scope of emissions, including those from operations and supply chains, as well as financial institutions’ portfolios.

    Traveler at sunset on a hill over a beach

    Benefits of Compliance

    1. Compliance with Regulations: By understanding and adhering to carbon emissions regulations, companies can avoid penalties and legal risks associated with non-compliance.
    2. Optimizing Carbon Offset Efforts: Knowledge of emission reporting allows businesses to identify areas where they can reduce their carbon footprint effectively.
    3. Cost Reduction: By optimizing carbon offset efforts, companies can minimize costs associated with emission reduction strategies.
    4. Enhancing Brand Image: Demonstrating commitment to environmental sustainability through accurate reporting helps improve a company’s brand image among consumers who prioritize eco-consciousness.
    5. Attracting Investors: Companies that actively manage their carbon emissions are more appealing to the investment community as sustainable practices align with long-term financial stability.

    Cirium’s groundbreaking work in accurately measuring aircraft and flight emissions plays a vital role in the pursuit of sustainable practices and responsible corporate behavior, ultimately helping businesses align their operations with global ESG objectives.

    Case Study Example – RELX’s Flights Dashboard

    RELX, a global information and analytics company, is using innovative solutions to measure and track flight emissions:

    • The flights dashboard, powered by Cirium’s aviation analytics, provides accurate fuel burn figures.
    • This data allows RELX to make informed decisions to reduce emissions, choose lower-emission airlines/routes, and set carbon reduction targets.

    Changing Travel Behaviors at RELX

    The introduction of the Flights Dashboard has triggered positive changes at RELX:

    • Considering financial and carbon costs for in-person meetings and finding a balance.
    • Measuring the impact of travel year-on-year and setting reduction targets.
    • Introducing an internal carbon price as an incentive to reduce unnecessary travel and support environmental projects.

    By actively managing their carbon emissions, organizations can contribute to a sustainable future while enjoying the benefits of compliance. So, let’s embrace these changes and create a greener tomorrow together!

    Learn more about building sustainable travel programs.

  • Ensuring Top Traveler Experience With Proactive Communication

    JIm Hetzel Director of Product Marketing
    JIm Hetzel Director of Product Marketing

    Jim Hetzel, Director of Product Marketing, Cirium

    The experience of the modern traveler with the complexities of aviation goes beyond the beautiful moments of takeoff and landing. It’s a detailed narrative, influenced by various factors such as weather conditions, service logistics, and occasional unexpected issues that can disrupt travel plans. For the pioneers in the industry – our dedicated travel management companies, online travel agencies, and airlines – mastering seamless communication during trips is not merely an added benefit; it’s the core of building customer loyalty. 

    In this deep-dive into the realm of in-trip communication strategies, we unearth insights that can revamp the parameters of customer satisfaction, illustrating how seamless communication channels can transform disruptions into moments of personalized care, and how your brand’s voice, articulated via digital whispers or automated support, can leave indelible marks on traveler’s experience. 

    The Evolution of In-Trip Communication

    Man on phone at airport

    Gone are the days where radio silence from a travel company or airline would be considered the norm amid a flight disruption. Today, proactive, in-trip communication has evolved from a novelty to an unstated prerequisite for all industry players. Modern travelers not only expect to be kept in the loop, but also to receive contextually relevant updates that reflect the sensitivity of their unique travel situations. Airlines and travel service providers who have embraced this paradigm shift are the true vanguards, navigating their way into their customers’ hearts through a relentless pursuit of communication excellence. 

    To delineate this evolution, consider a traveler, stranded at an airport during adverse weather, receiving a personalized alert that not only informs about the flight’s delay but also provides instructions on how to be reaccommodated. The sense of care and support extended through such communications is immeasurable in its impact and resonates far beyond the immediate challenge. 

    Crafting a Consistent Brand Message 

    While the spontaneity and personalization of messages play critical roles, they must always be underpinned by your brand’s ethos. Pushing promotional content or ancillary sales during times of duress may lead to customer dissonance. Instead, a strategy that predominantly serves to inform and support, alongside the regular exchange of positive and brand-reinforcing content, can create a holistic travel experience reflective of your brand’s core values. 

    Imagine a travel management company disseminating engaging travel inspirations while also skillfully handling a travel disruption issue.

    This mix of content not only helps distract travelers during hiccups but also ingrains your brand firmly in their psyche as a reliable, proactive, and empathetic partner. 

    Data-Driven Approach to Communication

    Data is the compass that steers the ship of in-trip communication. By leveraging analytics to pre-empt and address potential disruptions, you can offer a level of service unmatched in the industry. For instance, using real-time geographical analysis, an airline can predict increased traffic in specific airport areas due to flight delays and recommend alternative routes to those customers. 

    Furthermore, data-driven communication isn’t solely about predicting and informing; it’s about engaging. By understanding traveler preferences and behavior, you can tailor your messages to not just relay critical information, but also offer personalized support that’s both timely and relevant. A succinct message picking up on a traveler’s affinity for a particular café or gift shop, and subtly guiding them there to wait out the delay, transcends conventional customer service into a truly personal space. 

    Improving Disruptions With Traveler Waiver Services

    During major flight disruptions, empowered passengers armed with structured waiver information can make informed, rapid adjustments to their travel itinerary. This not only expedites the re-accommodation process but also arms them with the confidence that their choices are being guided by their rights as passengers, as assured by the weaver services. 

    Travel Management Companies and airlines have noted a considerable reduction in agent time on calls during mishaps – by as much as 20%.

    This substantial efficiency improvement is not just a cost-saving echo – it’s an embodiment of the power of informed choices, which usually are the best one’s customers can make. 

    Best Practices and Case Studies 

    Two industry exemplars, Fox World Travel and Gant Travel, provide case studies that underscore the efficacy of proactive in-trip communication. Fox World Travel reduced the average wait times for disrupted air travelers by a third, while Gant Travel’s lean management system ensured a fleet-footed response to aid distressed travelers, reducing overall agent call times and enhancing customer satisfaction. 

    In their success narratives, we find the blueprint for best practices: seamless integration of communication systems, agile responses to disruptions, and cohesive strategies that intertwine traveler welfare with business goals. 

    The Human Element in the Digital Deluge

    In an era dominated by digital interfaces and AI-driven experiences, do not underrate the irreplaceable touch of human interaction. Behind every flight change alert or waiver notification stands a traveler in need of care. Balancing automated responses with the opportunity for direct human support is the fine line that separates good from exceptional in-trip service. 

    The intuitive leaps of a support agent or the compassion of a travel representative in the face of a service challenge can turn a potentially negative experience into a positive affirmation of customer service. While digital communication is efficient and timely, it is the human touch that lends a memorable aspect to your customer’s travel narrative. 

    Aligning Stakeholders for a Unified Experience

    The harmony of in-trip communications is the sum of its parts, and ensuring these parts harmonize to produce a unified experience is integral. Travel management companies, online travel agencies, and airlines need to align their communication strategies to create a seamless continuum of support for travelers. 

    Looking Ahead – the Future of Proactive In-Trip Communication

    In-flight Wi-Fi, mobile apps, and AI integration – the arsenal of in-trip communication tools is expanding at a rapid pace. The future promises an even more connected, informed, and empowered traveler, offering new opportunities to engage and cater to their individual journeys. 

    The role of data will continue to grow, shaping real-time, hyper-personalized engagements. Human support will complement AI, amplifying the layers of care available to passengers. The stage is set for a new era where in-trip communications will not just manage disruptions but transform them into opportunities to reiterate brand promises and deliver exceptional customer experiences. 

    Take-Away Action Items

    • Employ data analytics to enhance the efficiency and relevance of your in-trip communications. 
    • Develop a robust travel waiver strategy to assist travelers during disruptions effectively. 
    • Ensure your in-trip communications resonate with your brand’s voice and values. 
    • Integrate digital solutions with human support to achieve a harmonious customer experience. 
    • Collaborate with stakeholders to craft communication strategies that serve the traveler’s best interest. 

    The tapestry of in-trip communication is woven from the threads of technological advancement, data sophistication, and the ageless virtues of personalized service. As we steer towards a horizon brimming with new opportunities and challenges, it is these very threads that will fortify our brands, elevate customer satisfaction, and set novel standards in traveler experience. 

    To learn more about Proactive Traveler Services, contact us to speak with our Cirium experts. 

  • Journey to Net-Zero: The ‘Fleet Inertia’ Challenge

    Andrew Doyle
    Andrew Doyle

    Andrew Doyle, Senior Director – Market Development, Cirium

    Global jet fuel demand is forecast to hit almost half a billion tonnes by 2050 – a more than 40% increase over 2024 – bringing into stark focus the challenge the industry faces in achieving its self-imposed net zero emissions target. This is based on the prediction by Cirium sister data and analytics provider ICIS, that growth in the fleet of conventionally powered aircraft will see overall fuel usage increase by an average of 1.5% annually over the next 25 years.

    ICIS Jet fuel demand forecast

    Although incremental aircraft and engine technology advances will continue to bring some efficiency improvements, the overall expansion of the commercial fleet – coupled with the fact that aircraft being delivered today are likely to remain in service for an average of around 25 years – means huge volumes of sustainable aviation fuel (SAF) will be needed if the industry is to have any hope of achieving net-zero by 2050 (the specific challenges relating to the scale-up of SAF supply will be examined in more detail in the next instalment of this series).

    The ICIS fuel demand forecast is supported by Cirium Ascend Consultancy’s projection that as far out as 2042 more than two-thirds of the global single-aisle mainline passenger jet fleet will be comprised of the same generation of aircraft and engines being produced today, while on the widebody side the figure will be in excess of 60%.

    The trend for advances in aircraft and engine efficiency to be outpaced by overall fleet growth has persisted for decades. According to an analysis published by the Air Transport Action Group, emissions per revenue tonne kilometre fell by 54% between 1990 and 2019, and yet absolute emissions doubled.

    Fleet Inertia Presents a Huge Challenge to Decarbonisation From a Technology Perspective

    Fleet inertia presents a huge challenge to decarbonisation from a technology perspective

    The latest edition of the Cirium Fleet Forecast (CFF) predicts the delivery of some 46,260 new commercial passenger and freighter jet and turboprop aircraft over the 20 years between 2023 and 2042. Forecast traffic growth will require the global passenger fleet to increase by around 23,000 units, which equates to a 3.2% annual growth rate, taking the inventory to some 49,320 jet and turboprop aircraft at the end of 2042, according to the CFF. The freighter fleet will grow by 2.6% annually to reach almost 4,200 aircraft.

    The turboprop sector is the only one with realistic potential to deliver a fundamental step change in propulsion technology during this timeframe. While there are no electric or hybrid-electric airliners specifically included in the CFF, these will likely be the next powerplant directions for this market, albeit at the smaller end of the sector. Programmes in development include a 30-seat battery electric airliner, hydrogen-electric powertrains for retrofit on nine to 80 seaters and a hydrogen fuel cell powered 50-seater, which is in flight test with retrofits planned for DHC Dash 8s and ATRs.

    However, currently just 3% of CO2 emissions are from aircraft with 100 seats or fewer flying sectors below 1,000km. Conversely, long-haul twin-aisles made up 51% of CO2 emissions in 2019, and are by far the hardest to replace with electric/hydrogen-powered aircraft.

    Timescales for New Technology Aircraft Introduction

    Timescales for new technology aircraft introduction

    The path to achieving net-zero emissions by 2050 for the aviation industry is fraught with significant challenges, in large part due to the ‘fleet inertia’ problem and the substantial increase in global jet fuel demand. While advancements in aircraft and engine technology will contribute to incremental efficiency gains, they are unlikely to counteract the rapid growth of the commercial fleet.

    Sustainable aviation fuel (SAF) will play a critical role in bridging this gap, but its scale-up poses considerable obstacles that require urgent attention.

    The future may hold promise for electric and hydrogen-powered aircraft, particularly in the turboprop sector, yet these technologies remain limited in scope and impact.

    As we look ahead, it is imperative for industry stakeholders to accelerate carbon mitigation initiatives and explore innovative solutions to meet the ambitious 2050 targets. Stay tuned for the next installment in our series, where we will examine the specific challenges and potential solutions related to the scale-up of SAF supply.

    Contact us for more information.

  • Path to Net Zero: Rising Carbon Footprint in Aviation, Part 3

    EmeraldSky logo representing aircraft and flight emissions
    Andrew Doyle
    Andrew Doyle

    Andrew Doyle, Senior Director – Market Development, Cirium

    Please note: this is part three of a three-part series. Read part one and two.

    Taking a look at the Airbus and Boeing passenger types that made up the global in-service fleet in April 2024 – compared with the previous emissions peak in July 2019 – most notable has been the introduction of approaching 1,500 latest-generation 737 Max aircraft (since the type’s worldwide grounding order was lifted in late-2020), and the addition of almost 1,800 A320neo and A321neo aircraft. Meanwhile the in-service fleet of previous-generation A320ceos has declined by more than 500 and more than 450 737-800s have been removed. 

    On the widebody side, only 20 ageing passenger-configured 747-400s remain in service – down from 130 – and the legacy 767-300 fleet is reduced by approaching 190 units. The active A380 fleet has fallen from 233 to 160 and there are over 110 fewer A330-300s in service. These have been replaced and supplemented by almost 400 additional latest-generation A350s and A330neos, together with more than 270 787s. The combined in-service Airbus and Boeing passenger jet fleets have grown by over 1,000 units to almost 21,000 over this five-year period, which has more than offset the per-flight efficiency gains resulting from the increasing prevalence of latest-generation engine technology. 

    Here’s our take. 

    The commercial aviation industry stands at a crossroads, facing the dual challenge of meeting growing travel demand while drastically reducing its environmental impact. The path forward requires a concerted effort from airlines, aircraft manufacturers, governments, and stakeholders to invest in sustainable technologies and fuels.

    Addressing the urgency of the situation, embracing innovation, and committing to ambitious carbon reduction targets are essential steps to ensure that the future of air travel aligns with the planet’s health. The journey towards sustainability is a complex one, but with proactive measures and collaborative initiatives, the aviation industry can rise to meet this critical challenge. 

    Learn more about accurate aircraft and flight emissions insights; Emerald Sky Aircraft and Flight Emissions.  

  • Predicting Delays: How Airlines Use AI to Minimize Disruptions

    Alex Brooker, VP of Research, Development and Discovery, Cirium

    Time is a precious commodity, the skies are more crowded than ever, and flight delays have become a common headache for travelers. The ripple effects of these disruptions extend far beyond frustrated passengers, costing airlines many millions of dollars annually in crew expenses, fuel consumption, and damaged reputations. However, a quiet evolution is underway in the aviation industry, as airlines and airports harness the power of big data, machine learning, and artificial intelligence to predict and minimize flight delays like never before.

    Traditionally, airlines have relied on historical data analysis and weather forecasts to anticipate potential delays. But these methods often fall short in providing the granular, real-time insights needed to make proactive operational decisions. “The most obvious clue, of course, is checking the weather,” says airline pilot Patrick Smith. “There are, however, lots of variables here. Some hubs are more prone to delays than others. A few inches of snow in Denver or Detroit aren’t a big deal. Snow in Washington or Dallas, on the other hand, can cause problems.”[1]

    Enter the new era of AI-powered delay prediction. By analyzing vast troves of data from sources like satellite imagery, radar, aircraft sensors, and weather stations, machine learning algorithms can identify patterns and forecast delays with unprecedented accuracy. These systems continuously learn and refine their models with each new data point, enabling airlines to make smarter, faster decisions that minimize the impact of disruptions.[2]

    Leading the charge in this space are airlines like JetBlue[3], Delta, and United. JetBlue has partnered with weather intelligence provider Tomorrow.io to develop a system that can predict delays hours or even days in advance.

    By providing hyper-accurate forecasts tailored to specific airports and flight paths, the system allows JetBlue to proactively adjust schedules, reroute aircraft, and keep passengers informed.

    The results have been impressive, with the airline reporting savings of $300,000 to $600,000 per hub per year.[4]

    Delta Airlines, meanwhile, has developed its own proprietary app that leverages real-time weather data to set threat index alerts. United Airlines has taken a similar approach with its investment in micro-weather technology, which provides localized forecasts that help optimize flight routes and fuel efficiency.

    The benefits of these AI-driven systems extend beyond just operational efficiency. By minimizing delays and cancellations, airlines can significantly improve the passenger experience and build stronger brand loyalty. In an industry where a single negative incident can turn a customer away for life, this is no small feat. “What the airline is trying to do is delay the flight as little as possible, as late as possible,” explains Flighty app founder Ryan Jones. “And what we’re trying to do is tell the truth as soon as possible.”[5]

    Of course, implementing these advanced prediction systems is not without its challenges. Integrating AI into existing aviation infrastructure requires significant investment in both technology and personnel training. There are also valid concerns around data privacy and security that must be addressed through robust governance frameworks.

    But for airlines willing to make the leap, the potential rewards are immense. A 2019 analysis by Cirium found that every minute of block time delay costs European low-cost carriers around $60. Extrapolated across an entire fleet, this can add up to tens of millions of dollars in annual losses. By leveraging AI to minimize these delays, airlines can boost their bottom lines while also enhancing the travel experience for their customers.

    average cancellation rate

    However, realizing this potential will require close collaboration between airlines, airports, technology providers, and regulators. Data sharing and interoperability standards will be key to unlocking the full value of these systems across the aviation ecosystem. There must also be a concerted effort to ensure that the benefits of AI are distributed equitably, rather than concentrating among a handful of major players.

    At the same time, it’s important to recognize that AI is not a panacea for all of aviation’s challenges. Factors like infrastructure constraints, labor shortages, and rising fuel costs will continue to put pressure on airlines’ operations. Addressing these issues will require a holistic approach that combines technological innovation with sound policy and strategic investments.

    For travelers, the message is clear: the days of being left in the dark about flight delays may soon be a thing of the past.

    With AI working behind the scenes to keep planes running smoothly and on time, passengers can look forward to a future where air travel is more predictable, more efficient, and more enjoyable than ever before. And that is a future worth getting excited about.

    How is Cirium Traveler Services enabling travel providers to create better traveler experiences? Read more here.

    [1] How to Find Out If Your Flight Will Be Delayed Before It’s Even Announced (travelandleisure.com)
    [2] Q&A – Power travel applications with best-in-class data – Cirium
    [3] JetBlue Case Study | Tomorrow.io
    [4] 4 Ways Weather Intelligence Can Improve Operations for Airlines and Airports (tomorrow.io)
    [5] How to Find Out If Your Flight Will Be Delayed Before It’s Even Announced (travelandleisure.com)

  • EmeraldSky by Cirium Revolutionizes Aircraft Emissions Accuracy

    EmeraldSky logo representing aircraft and flight emissions

    The most accurate way to capture data for aircraft carbon emissions and fuel burn globally

    This data enables seat-by-seat emissions to be precisely tracked by management companies, corporate travel departments, aircraft finance firms and airlines

    London, 29 May 2024: Cirium, the leader in aviation analytics, has introduced the industry’s most precise independent standard for measuring aircraft emissions and fuel burn. 

    This groundbreaking and revolutionary methodology analyses each flight’s specific aircraft type and design specifications, combined with real-time operational data and flight conditions, ensuring unparalleled accuracy and reliability in emission tracking.

    Cirium’s EmeraldSky seamlessly integrates Cirium’s comprehensive data, advanced analytics, and innovative techniques to achieve unmatched precision in measuring both current and forecasted CO2 flight emissions.

    Unlike traditional carbon calculators that depend on broad estimates and loose assumptions – such as using pre-planned routes instead of actual flown paths, and ignoring variables like wind speed and direction – EmeraldSky provides emissions results based on the seat in a specific class of service and sets a new standard in aircraft emissions measurement.     

    Jeremy Bowen, CEO of Cirium, said: “Cirium’s mission is to establish the industry standard for accurate fuel burn and carbon emissions data to empower the aviation sector to deliver on its sustainability targets. Cirium’s world-beating methodology even considers each aircraft’s typical operating weight, passengers and baggage, cargo payload, and degradation in engine efficiency over time to provide the most accurate data available to help achieve aviation’s ambitious sustainability goals.”

    Endorsed by airlines and industry stakeholders, EmeraldSky offers users access to both historical data for up to five years and predictive carbon footprint for the upcoming 12 months.    

    This robust data enables precise, independent assessment of each aircraft’s emissions, supporting more informed decision-making across the aviation sector. This ensures more precise flight emission reporting, which is critically important in meeting current and future climate regulations.

    With superior data, EmeraldSky enables users to:

    • Undertake a thorough assessment of sustainable aircraft and fleet options
    • Identify opportunities for aircraft upgrades
    • Promote eco-friendly travel by providing sustainable flight options
    • Comply with emissions regulations and ESG reporting requirements
    • Evaluate investments in aviation carbon offset and elimination programs
    • Forecast the demand for sustainable aviation fuels (SAF)
    • Identify opportunities for aircraft upgrades.

    In a world with an immense focus on the environmental impact of aviation, EmeraldSky’s rigorous approach is essential for accurate reporting and responsible aviation practices.

    EmeraldSky supports Cirium’s ongoing mission to make a meaningful positive impact on the future of aviation and the environment, alongside the industry’s Net Zero targets. 

    Contact us to learn more about EmeraldSky.

    For media enquiries please contact:
    Cirium – media@cirium.com
    The PC Agency – cirium@pc.agency (UK)
    Juliett Alpha – mike@juliettalpha.com (Global)

    About Cirium 
    Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth. 

    Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers.  The shares of 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. 

    For more information, follow Cirium® on LinkedIn or visit cirium.com.

  • Tackling Greenwashing With Accurate Aviation Emissions Data

    JIm Hetzel Director of Product Marketing
    JIm Hetzel Director of Product Marketing

    Jim Hetzel, Director of Product Marketing, Cirium

    Wilson Caulfield, Head of Sales, EMEA, Cirium

    The European Commission recently took decisive action against 20 airlines for making invalid green claims, commonly known as “greenwashing” as stated in the European Commission April 30, 2024 press release – Commission and national consumer protection authorities starts action against 20 airlines for misleading greenwashing practices. These airlines were found to have exaggerated or misrepresented their environmental efforts, misleading consumers and stakeholders. This crackdown underscores the growing regulatory scrutiny and the urgent need for the aviation industry to adopt transparent and objective measures of greenhouse gas emissions.

    The Implications of Greenwashing

    Greenwashing not only tarnishes the reputation of airlines but also erodes public trust and investor confidence. It undermines genuine sustainability efforts and can lead to significant financial and legal repercussions. For the aviation industry, which is under increasing pressure to meet net zero targets by 2050, the ramifications are severe. Effective and credible climate action hinges on the ability to provide accurate data and transparent reporting.

    The Need for an Independent Monitoring System

    To counteract these issues and foster trust among all stakeholders, the aviation industry must implement an independent monitoring system that ensures reliable and scientifically accurate emissions data. Such a system would:

    • Enhance Transparency: Provide verifiable and science-based data that stakeholders can trust.
    • Support Regulatory Compliance: Align with international standards and regulations to avoid penalties.
    • Build Investor Confidence: Demonstrate genuine commitment to sustainability, attracting environmentally conscious investors.
    • Improve Customer Trust: Assure customers that the airline’s green initiatives are legitimate and impactful.

    A Focus on Independent and Accurate Flight Emissions

    Cirium is dedicated to advancing the industry towards its Net Zero goals by 2050 through its trusted and independent data analytics. To support this mission, it has developed Emerald Sky, an advanced methodology that integrates data, analytics, and innovative approaches to achieve unparalleled precision in measuring both flown and forecasted CO2 flight emissions.

    Unlike traditional carbon calculators that rely on broad estimates and assumptions, Emerald Sky uses cutting-edge techniques

    Unlike traditional carbon calculators that rely on broad estimates and assumptions, Emerald Sky uses cutting-edge techniques and proprietary data to accurately calculate aircraft fuel-burn and CO2 emissions. This ensures more precise flight emission reporting, which is critical for meeting current and future climate regulations.

    With Emerald Sky, Cirium aims to provide the industry with the accuracy and transparency it requires to achieve its environmental commitments.

    Moving the Industry Forward

    Airlines must move beyond merely stating intentions to reduce carbon emissions. It’s time to take ownership of their environmental impact and work towards tangible, scientifically backed results.

    Addressing aviation and airline greenwashing and adopting a robust emissions monitoring system isn't just a regulatory requirement

    Addressing greenwashing and adopting a robust emissions monitoring system isn’t just a regulatory requirement—it’s a strategic imperative for building a sustainable future in aviation. Let’s work together to ensure our industry’s environmental claims are as high-flying as our planes.

    Contact Cirium today to learn how to obtain an objective and scientifically accurate measure of greenhouse gas emissions. Cirium’s solution ensures sustainability efforts are transparent, credible, and aligned with global net zero targets.

  • Path to Net Zero: Rising Carbon Footprint in Aviation, Part 2

    EmeraldSky logo representing aircraft and flight emissions
    Andrew Doyle
    Andrew Doyle

    Andrew Doyle, Senior Director – Market Development, Cirium

    Please note: this is part two of a three-part series. Read part one and three.

    According to Cirium’s proprietary Emerald Sky methodology and data analytics, of the 200 airline operators with the greatest CO2 emissions in 2019 – which together accounted for 93% of total emissions and out of which 185 remain in operation today – 81 are on track to have reduced their CO2 per ASK by more than the average 3.9% over the five years to July 2024. The most-improved carrier (Icelandair) is expected to register a reduction of more than 24% thanks to a major fleet replacement programme. Other carriers – for example British Airways, which is on track for an 8.1% decline – made decisions during the pandemic to phase out entire fleets of particularly fuel-thirsty aircraft, such as 747-400s.

    Conversely, Finnair’s estimated CO2 per ASK is forecast to have increased by more than 10% between 2019 and 2024, but principally due to the non-availability of Russian airspace following that country’s invasion of Ukraine in February 2022.

    This resulted in the Finnish flag-carrier’s A350 fleet using approximately 20% more fuel per ASK due to extended flight times to/from points in Asia, as captured by Cirium’s air minutes rather than great circle distance-based methodology.

    The principal sustainability challenge facing the industry is that the forecast growth of the commercial airliner fleet will result in absolute CO2 emissions continuing to increase until supply of sustainable aviation fuels can be massively ramped up. Although aviation as a whole contributes a relatively small portion of global emissions, roughly 2% on latest international estimates, it remains in the spotlight precisely because of this lack of immediate alternatives to fossil fuel use, as well as the potential multiplier of greenhouse effects through cirrus cloud formation at altitude.

    Check back next week for part three: The impact of changes to in-service fleets. Contact us to learn more about Emerald Sky.

  • Path to Net Zero: Tackling Aviation’s Rising Carbon Footprint

    EmeraldSky logo representing aircraft and flight emissions
    Andrew Doyle
    Andrew Doyle

    Andrew Doyle, Senior Director – Market Development, Cirium

    Please note: this is part one of a three-part series. Read part two and three.

    In an era marked by significant incremental advances in engine technology and aircraft design, one might expect the commercial aviation industry to be on a clear flight path towards environmental sustainability. Yet, the reality is more complex and concerning. Despite these technological strides, the sector finds itself at a critical juncture, with greenhouse gas emissions projected to soar beyond previous levels, challenging the global commitment to combat climate change.

    Latest forecasts from Cirium show that monthly carbon dioxide (CO2) emissions from scheduled passenger flights will hit an all-time high of 74m tonnes in July 2024, exceeding the pre-pandemic record of 73m tonnes set in July 2019.  But there is good news. Over this five-year period, efficiency measured as CO2 per available seat kilometre* (ASK) will have improved by over 3.8%, thanks mainly to the increasing proportion of aircraft equipped with the latest engine technology.

    Journey to Net Zero: The rising carbon footprint of commercial aviation

    July 2019 saw nearly 3.1m flights deliver 915bn ASKs at an average of just over 70g of CO2 per ASK. Cirium’s forecast for July 2024, based on published airline schedules linked to actual fleets, includes more than 3.2m flights providing almost 980bn ASKs at an average of a little under 68g of CO2.

    Journey to Net Zero: The rising carbon footprint of commercial aviation

     *Assumes 75% of flight-level CO2 from widebodies is attributable to passengers, with 25% accounted for by belly cargo

    This efficiency improvement would have been greater were it not the case that hundreds of Pratt & Whitney PW1100G-powered Airbus A320neo Family aircraft are grounded pending engine inspections, while deliveries of Boeing’s 737 Max models were constrained in the wake of the extended grounding of the type after two fatal crashes. General post-Covid supply chain issues and certification challenges also led to fewer latest generation widebodies entering service than had been envisaged back in 2019.

    Check back next week for part two: Factors influencing airlines reduction in CO2 emissions. Contact us to learn more about Emerald Sky.

  • Middle East Reshapes Aviation’s Future With Innovation

    Alex Brooker, VP of Research, Development and Discovery, Cirium

    In the heart of the Middle East, a quiet revolution is taking place. The region’s aviation industry, long a symbol of ambition and growth, is undergoing a remarkable transformation that promises to reshape the future of air travel.

    With a commitment to innovation, sustainability, and passenger experience, the Middle East is poised to set new standards for the global aviation community. As global stakeholders gather for the Arabian Travel Market in Dubai this week, let’s explore the initiatives and specific regional opportunities.

    At the forefront of this transformation is the United Arab Emirates, home to some of the world’s most renowned airlines and airports. Dubai-based Emirates Airline, a $29 billion entity, has consistently pushed the boundaries of what’s possible in aviation.

    With a fleet of over 250 aircraft and a network spanning more than 140 global destinations, Emirates has leveraged the latest technologies to deliver an exceptional passenger experience. From in-flight entertainment systems to biometric security measures, the airline’s commitment to innovation has set a high bar for the industry.

    But Emirates is not alone in its pursuit of excellence. Abu Dhabi-based Etihad Airways and low-cost carriers like flydubai and Air Arabia have also made significant strides in enhancing their services and expanding their reach. For pure operational performance, Oman Air won Cirium’s regional OTP award for 2023 and was placed 3rd globally. In March 2024, King Khalid International Airport (RUH) was the second most on time airport globally with an on time departure of 87.32%. These airlines and airports have recognized the importance of adapting to changing customer needs and embracing sustainable practices to ensure long-term success. To that end, minimising cancelled flights and delays is something everyone can agree is a positive step – in what has been a challenging month for aviation in the region overall.

    Cirium’s Middle East and Africa OTP Regional Update – Published April 2024

    Middle East & Africa witnessed a 12% surge in the number of flights canceled in March. The region had 1,950 flights canceled compared to 1,739 last month. Safair (FA) was still the undisputed leader in both the Middle East & Africa region and the low-cost carrier category in March.

    The airline concluded the month with an outstanding OTP of 96.67%, up nearly three points from 93.96% in February.

    This was also the highest performance score among all carriers across all global regions and all categories. Oman Air (WY) followed in second place, also with an impressive OTP of 93.32%. With a remarkable thirteen-point increase over last month’s performance, Royal Jordanian (RJ) climbed from seventh to third place this month with an OTP of 89.68%. Gulf Air (GF) remained in fourth place with an OTP of 88.35%, a 4-point increase over February’s OTP of 84.08%. Qatar Airways (QR) finished the month in fifth place with an OTP of 87.36%, a 4-point increase over the previous month’s OTP of 83.27%. Airports in the region also showed huge improvements in their performance this month. King Khalid International Airport (RUH) secured the second-place spot in the global airports category with an OTP of 87.32% following a 4-point increase from last month’s OTP of 83.13%. Kuwait International Airport (KWI) delivered an OTP of 87.32%, up nearly 7 points from February’s performance of 80.51%. Meanwhile, Izmir Adnan Menderes Airport (ADB) turned in an OTP of 91.61%, a 2-point increase over last month’s OTP of 89.57%.

    Innovation Hubs Enable Collaboration

    One of the most exciting developments in the region’s aviation industry is the emergence of innovation hubs like Emirate’s Ebdaa in Dubai. Ebdaa serves as a catalyst for creativity, collaboration, and sustainable energy. This state-of-the-art facility brings together the brightest minds from universities, technology suppliers, and startups to drive the development of cutting-edge solutions. From hydrogen-powered aircraft prototypes to advanced air traffic management systems, the groundbreaking projects emerging from Ebdaa are testament to the region’s commitment to shaping the future of aviation.

    But innovation is not limited to the development of new technologies. The Middle East’s aviation industry is also pioneering new approaches to training and passenger experience.

    Emirates, for example, has also embraced extended reality and immersive experiences to enhance the onboarding and training of its aircrew and employees. By providing realistic simulations of the working environment, these technologies are reducing training times and ensuring a smoother transition for new hires.

    Similarly, Dubai International Airport, one of the world’s busiest, is leading the charge with its plans for a fully touchless, walk-through experience through 2024. Passengers will enjoy seamless check-in, security clearance, and boarding processes, thanks to advanced biometric technology. This initiative not only reduces wait times and enhances safety but also provides a more hygienic and convenient travel experience in the wake of the COVID-19 pandemic. Similar advancements are being implemented across the region, revolutionizing the way passengers navigate airports and interact with airline staff.

    However, the rapid growth and innovation in the Middle East’s aviation industry are not without challenges. The region faces a shortage of skilled labour, with estimates suggesting that the UAE alone will require around 22,000 pilots and crew members by 2033. To address this issue, countries in the region are investing in training and development programs, partnering with educational institutions to nurture the next generation of aviation professionals.

    Another challenge is the need for sustainable practices in the face of climate change. While the Middle East’s airlines and airports have made significant strides in reducing their carbon footprint, there is still much work to be done. The adoption of sustainable aviation fuels, the development of more fuel-efficient aircraft, and the implementation of eco-friendly ground operations are all critical steps in ensuring the industry’s long-term sustainability. To this end airlines and airports across the region are investing heavily in eco-friendly initiatives, such as the adoption of sustainable aviation fuels, the development of fuel-efficient aircraft, and the implementation of green ground operations. Etihad Airways, for example, has pledged to reduce its carbon emissions by 50% by 2035 and achieve net-zero emissions by 2050. These efforts are not limited to operational benefit but are also vital for securing the financial backing for the industry with many deals coming with “green strings attached”. Cirium has also invested heavily in this area and recently secured accreditation for Emerald Sky from the Rocky Mountain Institute for the first climate-aligned finance framework tailored for the aviation industry.

    Despite these challenges, the mood in the Middle East’s aviation industry is one of optimism and determination.

    The region’s leaders recognize the immense potential of the sector and are committed to investing in its future. From the ambitious plans of Saudi Arabia to the strategic partnerships being forged across the region, there is a sense of unity and purpose in driving the industry forward.

    In the coming years, we can expect to see even more groundbreaking advancements emerging from the region. From the development of hydrogen-powered aircraft to the implementation of seamless, touchless travel experiences, the Middle East’s aviation industry is pushing the boundaries of what’s possible. As these innovations take flight, they will not only transform the way we travel but also inspire a new generation of entrepreneurs and innovators. The Middle East’s aviation success story is a testament to the power of vision, collaboration, and innovation. As the region continues to invest in its people, its infrastructure, and its technologies, it is laying the foundation for a brighter, more sustainable future. With its eyes fixed firmly on the horizon, the Middle East is ready to take the global aviation industry to new heights, one innovation at a time.

  • Volotea’s Efficiency Drives Excellent Passenger Experiences

    In the competitive landscape of European air travel, Volotea Airlines distinguishes itself not only through its unique route strategy but also by its unwavering commitment to operational excellence and customer satisfaction. A recent discussion between Cirium’s Jim Hetzel, Director of Product Marketing and Eduard Diviu, Volotea’s Chief Operating Officer, sheds light on the airline’s strategic maneuvers and operational focus areas that contribute significantly to its high passenger approval.

    Strategic Growth and Unique Route Selection

    Volotea’s growth strategy is both ambitious and strategic, the airline has increased its fleet from 41 aircraft at the end of 2023 to 44 to start the summer season of 2024 and boost operations from around 70,000 to nearly 80,000 flights this year. Also, for this 2024, Volotea estimates reaching 450 routes and anticipates offering between 12.5 and 13 million seats (between 12% and 16% more than in 2023).

    Unlike its competitors, Volotea zeroes in on connecting small and middle-sized cities, creating a niche market where it faces less competition and can offer more personalized service.

    This approach not only meets the underserved demand but also fosters a loyal customer base appreciative of the direct routes to their preferred destinations.

    Prioritizing Departure Performance

    While Volotea believes in excellent arrival on-time performance (OTP), a cornerstone of Volotea’s operational strategy is its focus on departure performance where they have more direct control of factors impacting their operations. Understanding the pivotal role timely departures play in the overall travel experience and the downstream impact on arrival performance, the airline has set rigorous standards to minimize both delays and cancellations. This dedication is reflected in Volotea’s compliance with EU 261 regulations, demonstrating Volotea’s commitment to punctuality and reliability. The outcome is an impressive reduction in flight delays to a mere 0.26% of flight operations, a testament to the airline’s operational efficiency and passenger-centric approach.

    Volotea leverages Cirium’s operational OTP data analytics to benchmark their performance against competitors in the region.

    Balancing Operational Costs With Customer Satisfaction

    Achieving a harmonious balance between maintaining low fares and operational costs while ensuring high levels of customer satisfaction is critical for any low-cost carrier.

    With a smaller fleet size than many of their competitors, Volotea excels in this domain by optimizing aircraft utilization and managing operational complexities with finesse.

    Despite the challenges posed by a limited number of spare aircraft and geographically dispersed bases in France, Italy, Spain and Greece, Volotea leverages its resources effectively to deliver exceptional service. The airline’s proactive stance on leveraging their spare resources not only for maintenance but also to swiftly address unforeseen disruptions minimizes the impact on passengers and maintains the airline’s reputation for reliability.

    Leveraging Operational Efficiency for Enhanced Passenger Experience

    Volotea’s strategic focus extends beyond just on-time departures to encompass efficient turn times and judicious use of spare aircraft. This comprehensive approach ensures minimal disruption, reduced cancellations, and keeps operational costs in check, allowing the airline to offer high value at the lowest possible cost as their customers demand. Such operational excellence directly correlates with positive passenger experiences, as evidenced by Volotea’s commendable NPS score of ~32 in 2023, an impressive improvement of 50% over 2022.  Volotea’s passenger experience is further underscored by exceptional review across independent sources.

    Volotea’s passenger experience is further underscored by exceptional review across independent sources.

    Volotea was awarded a four-star rating in 2024 and recognized by Skytrax -the industry’s most prestigious international air transport rating organization- in its global passenger satisfaction survey as the “Best Low-Cost Airline in Europe” at the 2023 World Airline Awards. The airline adds this accolade to its growing list of achievements, which includes consecutive wins for “Europe’s Leading Low-Cost Airline” at the World Travel Awards in 2021, 2022, and 2024. Furthermore, 92% of Megavolotea customers would recommend traveling with the airline, highlighting its high customer satisfaction rates.

    Looking Ahead

    As Volotea continues to navigate the skies of Europe, its commitment to operational efficiency, strategic growth, and customer satisfaction remains unwavering. Through a balanced operation that leverages full resource utilization and prioritizes punctuality, Volotea is set to soar higher, further cementing its position as a preferred choice for travelers seeking reliability, convenience, and value.

    Volotea’s success story is a compelling example of how strategic planning, operational efficiency, and a customer-centric approach can converge to create a positive and memorable travel experience. As the airline moves forward with its ambitious plans, passengers can expect continued excellence in service, reaffirming Volotea’s status as a leading low-cost carrier in the European aviation space.

    “Our goal is to consistently provide the best service to our passengers, enhancing their travel experience from booking to the end of their journey at very competitive rates.

    Every year, we adjust our commercial program and operational set-up to maintain high utilization while ensuring top on-time performance (OTP) and reliability.

    So far this year, our OTP15 exceeds 83%, and we are focused on maintaining this punctuality for the flights we operate during the summer season. In 2023, Volotea achieved a flight completion rate of 99.3%, ranking us among the top three airlines in Europe. This level of efficiency is achieved through our crews’ hard work and skill, who manage quick turnarounds, typically between 25 to 35 minutes, which is essential for our continuous improvement and customer satisfaction”. Eduard Diviu, Chief Operating Officer Volotea.

    CIRIUM IS DELIGHTED TO BE SUPPORTING VOLOTEA’S OUT-OF-THE-BOX THINKING AND PROUD TO BE ITS DATA PROVIDER. TO LEARN MORE ABOUT CIRIUM’S POWERFUL DATA AND CUTTING-EDGE ANALYTICS, EXPLORE CIRIUM AIRLINE OPERATIONS. 

  • Cirium Joins Trees4Travel for Sustainable Travel Solutions

    EmeraldSky logo representing aircraft and flight emissions

    London, UK – 22 April 2024 – Cirium, the global leader in aviation data analytics, has formed a strategic partnership with Trees4Travel, a pioneer in merging technology with business objectives to further environmental sustainability.  This collaboration boosts the travel industry’s ability to make environmentally friendly decisions by offering accurate insights into air travel emissions, both during the booking process and for ESG reporting.

    The partnership is centered around the introduction of Cirium’s Emerald Sky, a groundbreaking and fully auditable aircraft emissions platform.

    Unlike traditional carbon calculators relying on assumptions and estimates, Emerald Sky utilizes cutting-edge techniques and Cirium’s access to exclusive data to precisely calculate the fuel consumption and CO2 output of aircraft. It meticulously considers crucial factors including specific aircraft and engine configuration, age, flight duration (both physical taxi and airtime), and passenger and cargo load, providing a comprehensive calculation based on fuel burn as opposed to distance estimates. This precision in measuring aircraft CO2 emissions offers stakeholders valuable insights for developing far more effective CO2 reduction strategies.

    Through this partnership, corporations will have the ability to modify travel practices by choosing flights with lower carbon emissions, which in turn helps reduce the environmental impact of business travel. It supports streamlined reporting on environmental efforts and accurately tracks progress towards achieving significant carbon reductions . As a result, Trees4Travel corporate customers can make smarter travel decisions, enhance their environmental disclosures and Environmental, Social, and Governance (ESG) reporting, and effectively benchmark their progress.

    Trees4Travel is dedicated to promoting sustainable practices within the travel and events industries, encouraging a shift towards more regenerative operations. Cirium is committed to leading the aviation industry towards a net-zero emissions future by 2050 through dependable, independent emissions analysis

    “This partnership is a critical milestone in Cirium’s mission to provide the most comprehensive and accurate flight emissions tracking in the industry.”

    Jeremy Bowen, CEO of Cirium

    “Cirium has significantly invested in the development of Emerald Sky, an advanced platform that leverages schedule information from over 900 airlines, updated 280,000 times daily, and fully auditable.”

    “You cannot reduce what you do not measure – this collaboration takes carbon management to another level.”

    Nico Nicholas, CEO of Trees4Travel

    “We are absolutely delighted to offer Cirium’s leading technology – with the number of global air passengers expected to increase significantly over the next 30 years, together with corporate sustainability reporting regulations coming in thick and fast, Cirium’s scrupulous flight analytics being offered within our existing carbon calculators allows us to offer a whole suite of ultra sophisticated tools to measure emissions, from scope 1 to scope 4 (soon!). An important ‘string to our bow’ for both us and our TMC partners, backing that up with our nature and tech hybrid decarbonization programs means we have a world changing environmental offer,” says CEO Nico Nicholas of Trees4Travel.

    About Trees4Travel
    Trees4Travel is an environmental ‘tech and business for good’ company, enabling the travel and events industries to transform and cultivate a regenerative approach to their activities by measuring, managing, and mitigating emissions, through simple, affordable, impactful climate contributions. A hybrid process of restoring forests, biodiversity, supporting communities, whilst simultaneously investing into clean energy projects and innovations, focusing on 15 of the 17 United Nations Sustainable Development Goals. Trees4Travel creates global partnerships to harmonise travel and events with the environment, to educate and build a more ethical, sustainable world for now and future generations to come. www.trees4travel.com

    About Cirium 
    Cirium® is the world’s most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth. 

    Cirium® is part of LexisNexis® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers.  The shares of 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. 

    For more information, follow Cirium® on LinkedIn or visit cirium.com.

  • Cirium Accredited by RMI for Aviation Finance Emissions Data

    Cirium, the most trusted source of aviation analytics, is proud to be named a qualified data provider by Rocky Mountain Institute (RMI) with the release of the Pegasus Guidelines. This significant milestone underscores Cirium’s commitment to the reduction of aviation flight emissions and its pivotal role in fostering a greener future for commercial aviation.

    The Pegasus Guidelines mark a pioneering step as the first climate-aligned finance framework tailored for the aviation industry.

    Crafted to guide banks and financial institutions, these guidelines aim to harmonize investment choices with decarbonization goals. They equip financiers with the tools to independently assess and report the emission intensity and climate conformity of their aviation finance portfolios, benchmarking against a 1.5°C scenario to achieve Net Zero emissions by 2050.

    Emerald Sky utilizes cutting-edge fuel burn methodology and exclusive data to precisely calculate the fuel consumption and CO2 output of aircraft.

    At the heart of Cirium’s achievement is Emerald Sky which revolutionizes independent aircraft emission measurement by combining data, analytics, and innovative methods to ensure unparalleled precision. Unlike traditional carbon solutions relying on great circle flight distance and generalized aircraft assumptions, Emerald Sky utilizes cutting-edge fuel burn methodology and exclusive data to precisely calculate the fuel consumption and CO2 output of aircraft. It meticulously considers crucial factors including aircraft model, aircraft attributes (i.e., winglets), engine types, age, flight duration (both physical taxi and airtime), and passenger and cargo load, providing a comprehensive assessment based on fuel burn versus less accurate distance estimates. This precision in measuring aircraft CO2 emissions offers stakeholders valuable insights for developing more effective CO2 flight emission reporting by aircraft, portfolio, operator and enables carbon reduction strategies and incentives.

    Cirium’s innovation simplifies tracking flight emissions for banks, financiers, and other stakeholders, aiding in accurate emission assessment and reduction in line with the Pegasus Guidelines and global environmental goals.

    Key Highlights

    • Accreditation by RMI: Cirium’s recognition as a Qualified Data Provider reflects its adherence to the highest standards of data accuracy and reliability in emissions tracking.
    • Emerald Sky: This cutting-edge tool provides comprehensive insights into aviation emissions, enabling effective reporting and implementation of carbon reduction strategies with trusted and validated data analytics.
    • Commitment to Sustainability: By utilizing Cirium’s EmeraldSky, banks, financiers, and Non-Banking Financial Institutions (NBFI) can significantly advance their commitment to the Pegasus Guidelines and make tangible progress towards achieving net-zero emissions.

    Jeremy Bowen, Cirium CEO, expressed enthusiasm about the accreditation, stating, “This acknowledgment from RMI not only validates our efforts but also strengthens our resolve to drive the aviation industry towards a sustainable future. With Emerald Sky, we’re equipping our customers with the data and analytics they need to make informed decisions about their environmental impact.”

    Cirium’s accreditation by RMI as a Qualified Data Provider under the Pegasus Guidelines is more than an achievement; it underscores the need for all aviation stakeholders to prioritize sustainability. Through the use of Emerald Sky, stakeholders have a the most accurate and precise data analytics at their disposal to reduce carbon emissions and contribute to a healthier planet.

    Learn more about Cirium’s Emerald Sky Flight Emissions.