WILL THE ENERGY TRANSITION INCREASE THE PRICES OF AIRPLANE TICKETS?

 According to the International Air Transport Association (Iata), which handles 82% of traffic with 290 companies, the energy transition would cost “around 1.550 billion dollars” by 2050. This decarbonization plan, used to reduce carbon emissions into the atmosphere, could have a real impact on ticket prices.

WILL THE ENERGY TRANSITION INCREASE THE PRICES OF AIRPLANE TICKETS?


While ecological issues are now unavoidable, as airlines around the world have committed to "net zero emissions" by 2050 and a European plan has been put in place to aim for a reduction in carbon emissions by 55% by 2030, the aviation industry has decided to take radical action.


INVESTMENTS IN NEW DEVICES


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First, who says decarbonization and environmental protection, says investments in new devices: more economical and running on new energies (hydrogen, for example). In addition, in some areas, like the EU, a sustainable fuel chain - which accounts for between 20% and 30% of costs - is emerging and will be made compulsory over time. Problem: These fuels are much more expensive than used oils. For Jean-Baptiste Djebbari, Minister of Transport, “we must massify production to bring down prices. "


However, for the moment, the evolution of these fuels remains timid, which contributes to an increase in ticket prices. As TotalEnergies boss Patrick Pouyanné says, "believing that this energy will be at the same cost is a Holy Grail, we are far from it. Simply put, consumers will have to get their hands on the wallet if they want to continue flying while being environmentally friendly.

The COVID crisis, which has come as a shock to all airlines and plunged some into a financial pit, is also a strong argument. Many policymakers believe that customers must “help” air transport to recover and that the energy transition, coupled with the implications of COVID, inevitably involves higher prices.

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