Every minute, 84 flights take off worldwide and in 2018, more than four billion journeys were made by plane. While it is true that today’s aircraft are around 80% more fuel efficient per passenger-kilometre than 50 years ago, air traffic is growing fast. As well as the environmental implications, there is another motivation for airlines to make the switch to electric — cost.
Airlines spend 25 to 50% of their costs on jet fuel — $180 billion a year in total — making the switch to electric a no brainer. From the passenger perspective, electric planes could mean cheaper tickets and quieter flights. According to Roland Berger consultancy, the number of electric aircraft in development increased 50% in 2018 to 170 and investment is only set to increase.
Read more at: Aerospace Manafacture
