The EU Commissions’ Fit for 55 legislative package includes a number of proposed measures that aim to make the aviation sector more sustainable and reduce aviation emissions. By modelling these measures within the NetCost model, we can evaluate the accompanying cost increase.
The costs of Fit for 55 policies make European air travel more expensive. As a result, we find reduced demand within the EEA and a shift to competing non-EEA airports. Associated carbon leakage reduces the overall CO2 emission savings.