Sustainable future flight business models: Motivations and barriers
This paper investigates stakeholders’ motivations and barriers within emerging Future Flight business models. Aviation is vital for developing econo-mies, and the urgent need for a transition towards more sustainable practices is gaining prominence. Hence, understanding the factors shaping Future Flight technology’s adoption is crucial. Drawing on ten interviews with pioneering Fu-ture Flight-related technologists, business leaders, social entrepreneurs, and pol-icymakers, we employed the Technology-Organisation-Environment frame-work and Transaction Cost Economics theory to analyse critical factors influ-encing Future Flight business models. We show participants are concerned about sustainable aviation fuel availability and Future Flight technologies’ read-iness. We emphasise the importance of technology maturity and commercial vi-ability for successful Future Flight implementation. Smaller start-ups are poised to lead such development because of their nimbleness and sustainability focus. Concurrently, larger companies face challenges transitioning from traditional business models. We identified regulatory frameworks, social acceptance, and public demand as key drivers. Finally, we show how entrepreneurs desire stand-ardised global regulations to support sustainable aviation practices. We offer insights into the complex dynamics of Future Flight adoption, highlighting companies’ need to evaluate their cultural and human resource strategies while emphasising global regulatory standards’ importance – as part of The CoFFEE Project’s (www.coffeefutureflight.com) broader research programme.
Funding
Co-creation Of FF Ecosystems and Enterprise (COFFEE) (Essex)
History
School
- Design and Creative Arts
Department
- Design
Published in
Transport Research Arena (TRA) 2024Volume
2Pages
363–369Source
Transport Research Arena (TRA) 2024 conferencePublisher
SpringerVersion
- VoR (Version of Record)
Rights holder
© The Author(s)Publisher statement
Open Access This chapter is licensed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made. The images or other third party material in this chapter are included in the chapter’s Creative Commons license, unless indicated otherwise in a credit line to the material. If material is not included in the chapter’s Creative Commons license and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder.Acceptance date
2023-12-15Publication date
2025-03-07Copyright date
2025ISBN
9783031855771; 9783031855788Publisher version
Book series
Lecture Notes in Mobility ((LNMOB))Language
- en