{"id":2978,"date":"2023-05-08T23:39:23","date_gmt":"2023-05-08T20:39:23","guid":{"rendered":"https:\/\/hermes.aero\/?page_id=2978"},"modified":"2024-02-22T01:06:09","modified_gmt":"2024-02-21T22:06:09","slug":"2022-hermes-agm-leaders-forum","status":"publish","type":"page","link":"https:\/\/hermes.aero\/?page_id=2978","title":{"rendered":"2022 Hermes AGM & Leaders Forum"},"content":{"rendered":"

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Sustainability of the Aviation Industry<\/h2>\n<\/div>
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In November 2021, ICAO released the first edition of its publication, Innovation Driving Sustainable Aviation<\/i>. The publication highlighted work on the development of aircraft technologies, the improvement of aviation operations and infrastructure, and the development of environmentally friendly fuels. The goal of ICAO and the ICAO Global Coalition on Sustainable Aviation is to ensure a sustainable future for the industry. As a result, the thrust of most of the publication is on \u201cthe feasibility of a long term global aspirational goal for international aviation (LTAG).\u201d However, as John Maynard Keynes, the eminent British economist, is reputed to have stated, \u201cIn the long run, we are all dead.\u201d The thrust of this statement implies that if we cannot move quickly to solve short term issues, the long run no longer matters.<\/p>\n

With Keynes\u2019 thoughts in mind, Hermes wishes to propose how best to ensure the development of \u201cquick fixes\u201d. What can the aviation industry do over the next five years to ensure a sustainable long run future? Developing short term solutions for the aviation industry is a heavy lift, given its fixed infrastructure, attention to safety, and the long time to market for aviation technology. However, quick fixes will certainly be needed given aviation\u2019s \u201cbad press\u201d and the movement to stifle the industry after the impact of COVID-19.<\/p>\n<\/div>

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