A literature review of emission projection models and policy theory in the industry of commercial aviation.
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School of Business |
Bachelor's thesis
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en
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18+6
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Abstract
This thesis analyses studies and the models utilized in projecting environmental externalities in aviation, in the form of CO2 emissions. The thesis will be looking at demand forecasting in the aviation industry, as well as more closely analyzing two different models for projecting emissions. A discussion of possible policy solutions to address the externalities is also included. The thesis is conducted as a literature review, and a small section is also gathered through an interview with a Finnair demand analyst. We find that due to the strong link between economic growth and the demand for aviation, macroeconomic models are often utilized in forecasting long term market development. Another key factor in projecting emissions is the rate of technological development assumed to take place. We find that such forecasting with a relatively long-time horizon can become quite difficult, due to the many assumptions needed to be made for analysis.Description
Thesis advisor
Murto, PauliMustonen, Mikko