EU ETS support for smart Airlines
From the start of 2012, emissions from all domestic and international flights that
arrive at or depart from an airport in the European Union are covered by the EU Emissions
Trading System. In addition to the 27 EU Member States, the EU Emissions Trading
Scheme for aviation covers Iceland, Norway and Liechtenstein. The European Trading
System is a cap-
The inclusion of the aviation sector in the EU ETS poses major challenges to airlines but also creates opportunities to achieve competitive advantages. A steep learning curve will be needed to limit costs and to maximize potential benefits.
Our support includes the development and implementation of efficient trading strategies, legal and fiscal advice, marginal abatement costs curves, advice on purchasing and selling of emission allowances, swaps, forward trading, futures, call and put options, counterparty risk, escrow, clearing, settlement, collateral loans and combinations of different instruments.
We provide a complete highly effective and efficient emissions trading management service for airlines from executing trades at the lowest market price to the development and implementation of more complex trading strategies.
Our services include regular online sessions to explain best approaches and opportunities, including arbitrage and other no risk transactions.
We combine the expertise of leading experts in carbon trading,
the EU Emissions
Trading System and fuel efficiency management in the aviation sector with a large
network of exchanges, brokers, investors, developers and banks.
Our online courses give a comprehensive overview of all aspects of the EU ETS with a specific focus on the financial and trading aspects of the emissions trading scheme.
We organise regular webinars and on-
We leverage the purchasing power of our clients to obtain the best market conditions and to develop new carbon instruments with brokers, exchanges and banks.
Large and medium sized airlines but also smaller operators in the EU ETS can benefit from our large network in the carbon market and from our leveraged buying power to buy additional emission allowances at the best prices on the market or to sell or swap aviation allowances (aEUAs or EUAAs).
(*) indicative theoretical value in the absence of liquidity and transparency
.

INDICATORS
14 May 2012
Carbon Credits Fuel
Surcharge Indicator
(per tonne of Jet Kerosene)
21,20 EUR
Indicative recommended
EU Aviation Allowance aEUA (EUAA) price (*)
Max. 6,66 EUR
Min. 6,48 EUR
____________________
2012 ETS fuel baseline
per tonne km
0,216 kg of Jet fuel
(A and A1 kerosene)
Average sector 2010
fuel use indication per tonne km in the ETS airspace
(source Altimedes)
0,259 kg of Jet fuel
____________________
2012 sector data
Expected emissions
in tonne CO2
(source: Altimedes)
240 million
Allowances for free
182 million
Coverage
75,8 %
Short position
(Sector demand for
auctioned EUAAs,
EUAs and Kyoto credits)
58 million
Shortfall cost indication
391 million EUR
NEWS
List of allowances
free of charge
per aircraft operator
(limited list)
Including tonne kms, market share 2010, fuel baseline and market share total EUAAs
(full list is available)
Impact of the EU ETS
per aircraft type
(limited list)
____________________
How to minimize costs and to maximize value in the European Trading
System
Learn how to develop the best trading strategy and save a lot of money for your airline
More
____________________
EU ETS Update for Airlines
February 2012
Free copy of the January update
Interested to recieve updates in the future?
Contact
us
____________________
Single Registry
From 3 June the operation of national registries and the single registry
will be suspended until 20 June 2012 when the single EU registry will be fully activated.
Altimedes Consulting, Langeweide 2, 1730 Asse Belgium, Company n° 0888 184 656 Tel +32(0)24601730 www.altimedes.com