SUSTAINABLE FINANCE IN THE EUROPEAN AVIATION INDUSTRY: A COMPARATIVE STUDY OF AIRLINES

This study aims to investigate the opportunities and trends of sustainable finance in the European aviation industry with a focus on three major airlines: Lufthansa, Air France, and EasyJet. The study employs both primary and secondary data sources, including an online survey of 200 passengers and an analysis of financial data of the three airlines. The study finds that the adoption of sustainable finance practices is increasing in the European aviation industry, particularly in areas such as fuel efficiency, emissions reduction, and renewable energy sourcing. The results show that Lufthansa and Air France are leading in terms of sustainable finance initiatives, with both airlines investing heavily in fuel efficiency and emissions reduction. However, EasyJet is lagging, as the airline has a smaller budget for sustainable finance initiatives. This study highlights the need for increased investment in sustainable finance by all players in the European aviation industry, including airlines, government regulators, and investors, to ensure the long-term viability of the sector and the health of the planet. The findings of this study provide valuable insights for stakeholders looking to invest in sustainable finance initiatives in the European aviation industry.

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Keywords: Sustainable Finance, European Aviation Industry, Fuel Efficiency, Emissions Reduction, Renewable Energy Sourcing, Financial Data Analysis, Long-term Viability, Government Regulators.


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