Scenario Generation for Strategic Decision-Making Towards Net-Zero Aviation
Author(s)
Almarzooqi, Ranya M.
Chen, Haoyuan
Leicht, Benjamin W.
Bagdatli, Burak
Pfaender, Holger
Mavris, Dimitri N.
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Abstract
Being a major contributor to both global economics and global greenhouse gas emissions, the aviation industry is experiencing a great transition to a greener future.Recognizing the transition needs the collaborative efforts of all relevant industries, transcending the aviation sector alone. This is compounded by the pressing time constraint aimed at reducing emissions by 2050. All pose significant challenges to successfully identify the consequences of certain actions and their contribution towards the 2050 emission goals. In the context of multilateral decisions and their corresponding timing, this paper introduces a simulation model that captures the interconnected decision-making process of various stakeholders. This model is essential for effectively realizing the transition to a more sustainable aviation industry. The tool offers an innovative approach to simulate the decision-making process of stakeholders involved in the aviation industry, addressing the value and timing of their decisions. By utilizing this tool, stakeholders can explore and analyze decisions, enabling them to navigate the aviation industry’s transition to net-zero emissions.
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Date
2025-01-03
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Paper
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