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Cost Index Optimization Considering the Impact of Carbon Emissions

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Proceedings of the 5th China Aeronautical Science and Technology Conference

Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 821))

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Abstract

With the International Civil Aviation Organization’s global goal of “Carbon Neutral Growth” and the implementation of the Carbon Offsetting and Reduction Scheme for International Aviation, airlines face carbon emissions related costs, as an increase in operating cost. At the same time, the cost index is a common measure for reducing operating costs in flights operations, while the current cost index calculation method does not consider the cost of carbon emissions. By optimizing the cost index calculation method, this paper identifies the weighted cost index that takes into account the impact of carbon emission costs. Further based on Boeing's performance calculation software (PET), the impact of two different cost indices on the total operating costs are calculated and analyzed, comparing the economic operating efficiency. The results show that when using the weighted cost index, on the 1000nm route, the carbon emissions can be further reduced, with effects on saving total operating costs. The weighted cost index can be used as an effective measure to improve operating economics for airlines.

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Correspondence to Siying Li .

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Li, S., Luo, Y., Yang, Y. (2022). Cost Index Optimization Considering the Impact of Carbon Emissions. In: Proceedings of the 5th China Aeronautical Science and Technology Conference. Lecture Notes in Electrical Engineering, vol 821. Springer, Singapore. https://doi.org/10.1007/978-981-16-7423-5_49

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  • DOI: https://doi.org/10.1007/978-981-16-7423-5_49

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-16-7422-8

  • Online ISBN: 978-981-16-7423-5

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