S&P Global Ratings analysts have once again warned of the impact of regulatory restrictions on carbon emissions on European airlines. In one report, they assure that a London-Barcelona flight could get more expensive at around 18 euros per passenger, and a Paris-Athens ticket up to 33 euros. And transoceanic is not recorded: Flying from London to New York can cost up to 90 euros more.
The report provides: currently not available a cost-effective alternative to fossil fuels and emphasizes that it is expensive to invest in low-carbon or non-carbon energy sources. S&P also owns European airlines. They will stop enjoying free rights to pollute from 2026because the EU decarbonization roadmap has a target of reducing carbon emissions to a maximum of 55% by 2030.
At this point, S&P stressed that some “weaker” European airlines may find themselves unable to reduce these emissions, sector contributes only 2.5% of emissions global CO2 emissions and 3.8% of European emissions. “The contribution is small compared to other sectors”, such as energy contributing 40% or industry with 16%.
Experts believe this bias stems from the fact that airlines often see themselves as “something”.discriminatory and privileged“, because only 20% of the world’s population operates 80% of the flights. However, the number of passengers is expected to increase by 3% by 2040.
Also, analysts believe: the Price:%s the proportion of carbon offsets remains unclear, but “may increase with regulatory pressures.” And taking into account that the “carbon price is volatile”, if it increases by 50%, it follows that the trip to Barcelona will be 27 euros more expensive, almost half as much as it is now.
Flying outside the European Economic Area
The report concludes that this is “unlikely”. electric motors It may play a role in reducing CO2, but it can have an impact of creating efficient networks, improving route management and air traffic control. Despite these efforts, it may be possible for operators to choose air destinations outside the European Economic Area (which includes Iceland, Liechtenstein, Norway, the United Kingdom and Switzerland).
Finally, although all European airlines are “widely vulnerable” to accelerated emission reductions, some “you are more exposed than othersHe does not specifically mention any of them, but states that this includes above all those who operate short-haul flights and fly at a higher rate within the European Economic Area.