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Projecte llegit

Títol: Economic analysis and forecast of using SAF for different airlines

Estudiants que han llegit aquest projecte:

Director/a: FORNÉS MARTÍNEZ, HECTOR

Departament: FIS

Títol: Economic analysis and forecast of using SAF for different airlines

Data inici oferta: 10-02-2023     Data finalització oferta: 10-10-2023


Estudis d'assignació del projecte:
    GR ENG SIST AEROESP
Tipus: Individual
 
Lloc de realització: EETAC
 
Paraules clau:
SAF, airlines, sustainability
 
Descripció del contingut i pla d'activitats:
avaluació de l'impacte del nou entorn de sostenibilitat i
emissions en el posicionament estratègic de les aerolínies
 
Overview (resum en anglès):
Fifteen years ago, this bachelor¿s final thesis was unimaginable. Today, it is my pleasure to say that thanks to the international organization's initiatives in order to reduce aviation emissions, it is unthinkable to talk about aviation fuel without mentioning Sustainable Aviation Fuel, also known as ¿SAF¿, an ¿eco-friendly¿ type of fuel that helps airlines to reduce their emissions and, therefore, minimizes the aviation impact on the environment.

This project's primary goal is to develop a model that will enable airlines to assess the financial viability of implementing SAF in the near future: concretely, before 2030. As a result, it offers airlines willing to participate into SAF contracts outside of the established regulations a new instrument that enables risk assessment. In order to build this model, it was necessary to analyse the economic effects of this shift by examining airlines' fuel costs using a variety of mixed SAF scenarios. Because of this, the predicted unit fuel costs for the major low-cost airlines in Europe between the years 2023 and 2030 took into account the unique mandate for each year. Additionally, it has been investigated how several aspects, such as fuel price sensitivity, the introduction of new aircraft models, or operating efficiency, affect each scenario to figure out which would be the most advantageous under any unforeseen circumstances, such as an increase in the price of oil; as happened in the context of the invasion of Ukraine.

Finally, some conclusions have been drawn relying on the analysis of all the scenarios approached, where some aspects can be outlined, such as the cost variance between fuel mix scenarios in 2030, the optimal percentage of SAF for each situation, the trade-off between having an efficient fleet and transitioning to SAF on the long-term basis.

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