Recent CO2 emissions data published by Wizz Air matches closely to figures from IBA's InsightIQ Carbon Emissions Calculator, highlighting the fidelity of IBA's CO2 emissions data.
Image: Breaking Travel News, Flickr
InsightIQ's Carbon Emissions Calculator 'CEC' is currently the only finance focussed aviation carbon modelling tool available.
Combining IBA's proprietary fuel burn data with InsightIQ's flight and fleets modules, you can illustrate carbon emissions by combinations of factors including time, airline, lessor, model, portfolio, OEM and aircraft MSN. Using this data, we compared intelligence from our CEC with operator data from Wizz Air's latest CO2 emissions update, and identified a very close correlation between the figures. This indicates the accuracy of CO2 emission modelling capability for our InsightIQ subscribers.
Our model applies an aggregated load factor based on a typical year of operations. As such, InsightIQ's Carbon Emissions Calculator assumes a heavier gross weight per aircraft (due to the extra passengers on board). This is why the CEC's figures for Wizz Air's CO2 emissions are generally higher in the two years since the onset of the pandemic, but much closer to the operator's figures for 2019. Further recent analysis using the CEC following the attempted takeover of EasyJet indicated that Wizz Air's A320 and A321 focussed fleet led to lower overall CO2 emissions in comparison to EasyJet.
IBA's InsightIQ analysis platform flexibly illustrates multiple asset, fleet and market positions, actual and potential, to inform client choices and identify acquisition opportunities. Immediate access to crucial aircraft, engine, lease rate and fleet data eases appreciation of historic and future aircraft concentrations and operator profiles.