Beyond Covid-19, tourism prepares for its next challenge

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Beyond Covid-19, tourism prepares for its next challenge
Source: Boeing
February 09, 2022

According to different reports, the industry is beginning to overcome the ravages of the pandemic and is now focused on achieving a sustainable operation


The Covid-19 pandemic has captured the attention of the travel and tourism industry, due to the challenges it has posed. This year the situation will improve until reaching 2019 levels, in fact, a new investigation by the World Travel and Tourism Council reveals that the sector's contribution to the world economy could reach 8.6 billion dollars during 2022, only 6.4% per below pre-pandemic levels.

The study highlights that the industry could generate 58 million jobs this year, to reach the number of more than 330 million jobs, that is, only 1% below pre-pandemic levels and 21.5 % more than in 2020.

With these data in hand, the focus can begin to be placed on other urgent issues to be resolved, such as caring for the environment. It is clear that without a healthy planet, there is no tourism. Climate change causes considerable and often irreparable damage.

Commercial aviation has taken a new big step after the Toulouse Aviation Summit, held under the auspices of the French Presidency of the European Union, the event concluded with a new Declaration calling on all countries to take action to achieve a decarbonized aviation sector by 2050.

The Declaration was signed by 42 States, including the 27 member countries of the European Union, as well as Canada, the United States, the United Kingdom, Morocco and Georgia. It was also adopted by 146 industry stakeholder groups that participated in the event, including the top five European aviation associations represented through Destination 2050.

The signatories to the Declaration called on all public and private stakeholders to work together in preparation for the 41st ICAO Assembly later this year, where countries are expected to adopt a new global long-term goal applicable to the reduction/elimination of emissions from international flights.

MarketsandMarkets' new report "Sustainable Aviation Fuel Market by Fuel Type" estimates that in 2021 it could reach $219 million and is expected to reach $15,716 million by 2030, at a CAGR of 60.8% over the period forecast. The growing need to reduce greenhouse gas emissions, the increase in passenger air traffic and the high fuel efficiency of biofuels are some of the key factors driving the market for sustainable aviation fuel. Government initiatives, such as tax reductions on the use of green and clean aviation fuels, will drive the growth of sustainable aviation fuel in the future.

By type, the sustainable aviation fuel market has been segmented into biofuel, hydrogen fuel, and power-to-liquid. The biofuels segment is estimated to account for the largest share during the forecast period. Reaching the GHG emission reduction targets proposed by the aviation industry and by organizations such as the International Civil Aviation Organization (ICAO) will require a significant increase in the production and consumption of biofuels, thus boosting the market. In addition, the ability to incorporate unchanged aircraft infrastructure drives demand for biofuels.

Based on biofuel manufacturing technology, the Hydroprocessed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-SPK) segment is projected to lead the sustainable aviation fuel market during the forecast period.

There have been several initiatives taken by airlines to test and implement blended fueling in their aircraft fleet. For example, in June 2019, United Airlines took a flight from Chicago O'Hare to Los Angeles, powered by a 30% blend of sustainable aviation fuel produced by World Energy. The blended fuel met the same fuel specifications as Jet A with added environmental benefits.

Boeing determined to make the leap
The manufacturer announced a supply agreement for two million gallons (7.5 million liters) of blended sustainable aviation fuel (SAF) with EPIC Fuels to power its commercial aircraft operations in the state of Washington and South Carolina through 2022. The deal is the largest SAF acquisition announced by an aircraft manufacturer and further demonstrates Boeing's commitment to decarbonizing aviation. 

"SAF is an immediate, safe and proven solution that will help achieve our industry's long-term commitment to net-zero carbon emissions by 2050," says Sheila Remes, Boeing's vice president of Environmental Sustainability. "Boeing has been a pioneer in making sustainable aviation fuels a reality. Through this agreement, we will reduce our carbon footprint and have SAF available for deliveries to customers, as well as for our own operations."

Sustainably produced jet fuel, which reduces CO2 emissions by up to 80% over the life cycle of the fuel with the potential to reach 100% in the future, is

The Covid-19 pandemic has captured the attention of the travel and tourism industry, due to the challenges it has posed. This year the situation will improve until reaching 2019 levels, in fact, a new investigation by the World Travel and Tourism Council reveals that the sector's contribution to the world economy could reach 8.6 billion dollars during 2022, only 6.4% per below pre-pandemic levels.

The study highlights that the industry could generate 58 million jobs this year, to reach the number of more than 330 million jobs, that is, only 1% below pre-pandemic levels and 21.5 % more than in 2020.

With these data in hand, the focus can begin to be placed on other urgent issues to be resolved, such as caring for the environment. It is clear that, without a healthy planet, there is no tourism. Climate change causes considerable and often irreparable damage.

Commercial aviation has taken a new big step after the Toulouse Aviation Summit, held under the auspices of the French Presidency of the European Union, the event concluded with a new Declaration calling on all countries to take action to achieve a decarbonized aviation sector by 2050.

The Declaration was signed by 42 States, including the 27 member countries of the European Union, as well as Canada, the United States, the United Kingdom, Morocco and Georgia. It was also adopted by 146 industry stakeholder groups that participated in the event, including the top five European aviation associations represented through Destination 2050.

The signatories to the Declaration called on all public and private stakeholders to work together in preparation for the 41st ICAO Assembly later this year, where countries are expected to adopt a new global long-term goal applicable to the reduction/elimination of emissions from international flights.

According to the new research report, the "Sustainable Aviation Fuel Market by Fuel Type (Biofuel, Hydrogen Fuel, Power to Liquid Fuel, Gas to Liquid), Biofuel Manufacturing Technology (FT-SPK, HEFA-SPK, ATJ-SPK, HFS-SIP, CHJ), Biofuel Blending Capacity, Platform, Region - Global Forecast to 2030", published by MarketsandMarkets™, the market is estimated at USD 219 million in 2021 and is expected to reach USD 15,716 million by 2030, at a CAGR of 60.8% during the forecast period. The growing need to reduce greenhouse gas emissions, the increase in passenger air traffic and the high fuel efficiency of biofuels are some of the key factors driving the market for sustainable aviation fuel.

Based on fuel type, biofuel is expected to account for the largest share of the sustainable aviation fuel market in 2020

By type, the sustainable aviation fuel market has been segmented into biofuel, hydrogen fuel, and power-to-liquid. The biofuels segment is estimated to account for the largest share during the forecast period. Reaching the GHG emission reduction targets proposed by the aviation industry and by organizations such as the International Civil Aviation Organization (ICAO) will require a significant increase in the production and consumption of biofuels, thus boosting the market. In addition, the ability to incorporate unchanged aircraft infrastructure drives demand for biofuels.

Based on biofuel manufacturing technology, the Hydroprocessed Fatty Acid Esters and Fatty Acids – Synthetic Paraffinic Kerosene (HEFA-SPK) segment is projected to lead the sustainable aviation fuel market during the forecast period.

There have been several initiatives carried out by airlines to test and implement blended fuel in their aircraft fleet. For example, in June 2019, United Airlines took a flight from Chicago O'Hare to Los Angeles, powered by a 30% blend of sustainable aviation fuel produced by World Energy. The blended fuel met the same fuel specifications as Jet A with added environmental benefits.

Boeing determined to make the leap
The manufacturer announced a supply agreement for two million gallons (7.5 million liters) of blended sustainable aviation fuel (SAF) with EPIC Fuels to power its commercial aircraft operations in the state of Washington and South Carolina through 2022. The deal is the largest SAF acquisition announced by an aircraft manufacturer and further demonstrates Boeing's commitment to decarbonizing aviation.

"SAF is an immediate, safe and proven solution that will help achieve our industry's long-term commitment to net-zero carbon emissions by 2050," says Sheila Remes, Boeing's vice president of Environmental Sustainability. "Boeing has been a pioneer in making sustainable aviation fuels a reality. Through this agreement, we will reduce our carbon footprint and have SAF available for deliveries to customers, as well as for our own operations."

Sustainably produced jet fuel, which reduces CO2 emissions by up to 80% over the fuel life cycle with the potential to reach 100% in the future, is widely recognized as offering the greatest and most immediate potential to decarbonize aviation in the next 20 to 30 years.

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