آیا سیستم تجارت انتشار آلاینده های حمل و نقل هوایی ارزیابی مالی هواپیماهای جدید را تحت تاثیر قرار می دهد؟ یک ارزیابی از ارزش فعلی و گزینه های خرید

In this paper we assess the impact of the CO2 costs for short- and long-haul aircraft based on present values and on purchase options. We evaluate purchase options with a framework developed for real option analysis to estimate the value of flexibility under uncertain kerosene and CO2 prices. We find an average influence of CO2 costs on present values of €1.1 million for the short haul plane and €4.1 million for the long-haul plane over the typical lifetime of an airplane. For purchase options, we find a CO2 influence of €0.43 million for the long-haul plane and a moderate impact for the short-haul plane. The results underline the importance of CO2 and kerosene costs for long-haul aircraft.