Abstract
Net zero target up to 2050 for the airline industry is hugely ambitious and will be a challenge for the sector to achieve. Integrating the sustainable business practices is one of the biggest and important issues for the airline company to combine the sustainability goals and the aim of increasing profits.
The current study is designed to investigate the Airline Sustainability Transition in Ireland. This includes a review of research findings made by some respected scholars in the field, a review and discussion of an “effective” transition policy for airline industry, the conceptualizing the “Ideal Business Model” for airlines, an overview of different approaches and standards of sustainability measurements.
This investigation employed an abductive research strategy combined with holistic approach and grounded theory methods. Abductive approach involves
constructing theory based in everyday activities and the language and meaning of “social actors” (stakeholders). Categories and concepts are developed on explanation and activities studying as a basis of understanding and produce theoretical propositions.
The conducted research is based on the secondary data resources from open access, documents (website documents, reports, etc).
The study adopts different approaches, incorporated by the airline companies, and standards of sustainability measurements (TCFD; SASB; Global reporting index; Carbon index spotlight, etc), and deliver complex one. Based on the sustainability and environmental, social, and governance (ESG) concepts, that shape the basis for driving the firm development and its decision making, the
“airline sustainability business model” (ASBM) has been developed to navigate Irish airline transition. The conceptual approach of fostering the sustainability in business models and its development using Design Thinking is presented.
Delivered airline sustainable business model and the relevance improvement of the EU Taxonomy result strengthen and correlate long-term outcomes at a national and industrial levels. Airline sustainable business model canvas can be used as a framework for any airline company sustainable transition, as well as for research purposes and measuring sustainable business model addressing
concerns. The result of investigation proves that only national European transitional legislation/regulation can accelerate the sustainable actions and possess positive stakeholders’ response.
The current study is designed to investigate the Airline Sustainability Transition in Ireland. This includes a review of research findings made by some respected scholars in the field, a review and discussion of an “effective” transition policy for airline industry, the conceptualizing the “Ideal Business Model” for airlines, an overview of different approaches and standards of sustainability measurements.
This investigation employed an abductive research strategy combined with holistic approach and grounded theory methods. Abductive approach involves
constructing theory based in everyday activities and the language and meaning of “social actors” (stakeholders). Categories and concepts are developed on explanation and activities studying as a basis of understanding and produce theoretical propositions.
The conducted research is based on the secondary data resources from open access, documents (website documents, reports, etc).
The study adopts different approaches, incorporated by the airline companies, and standards of sustainability measurements (TCFD; SASB; Global reporting index; Carbon index spotlight, etc), and deliver complex one. Based on the sustainability and environmental, social, and governance (ESG) concepts, that shape the basis for driving the firm development and its decision making, the
“airline sustainability business model” (ASBM) has been developed to navigate Irish airline transition. The conceptual approach of fostering the sustainability in business models and its development using Design Thinking is presented.
Delivered airline sustainable business model and the relevance improvement of the EU Taxonomy result strengthen and correlate long-term outcomes at a national and industrial levels. Airline sustainable business model canvas can be used as a framework for any airline company sustainable transition, as well as for research purposes and measuring sustainable business model addressing
concerns. The result of investigation proves that only national European transitional legislation/regulation can accelerate the sustainable actions and possess positive stakeholders’ response.
| Original language | Undefined/Unknown |
|---|---|
| Title of host publication | 3rd International conference on corporation management |
| Publisher | Scientific Center of Innovative Research |
| ISBN (Electronic) | 978-9916-9739-9-8 |
| DOIs | |
| Publication status | Published - 29 Jun 2023 |
Keywords
- Sustainable transition
- Irish Airline Companies
