Swedavia and Veovo partner to introduce environmental emissions incentives
Automated emission charge calculations by Veovo Revenue Management software encourages airlines to reduce carbon emissions
London UK, and Stockholm Sweden, 15th June 2022: Veovo, the technology company that is powering up airport performance, has announced a partnership with the Swedish airport operator Swedavia, introducing new environmental emission charges at its largest airports, Stockholm Arlanda and Göteborg Landvetter.
Veovo’s Revenue Management software will underpin the operator’s strategic focus on sustainability by automatically calculating charges, using industry emission data sets and Swedavia’s innovative environmental charging approach. This enables Swedavia to incentivise airlines to switch to more efficient aircraft and accelerate the transition to more sustainable aviation.
Swedavia recently introduced the CO2 and NOx Emission Charges following a Swedish government requirement that airport charges should be differentiated for environmental purposes. The charge adjustments incentivise the use of more efficient aircraft by penalising those with higher emissions while rewarding cleaner aircraft – with an overall airport revenue-neutral effect.
The intelligent automation and flexibility of Veovo’s Revenue Management software allowed Swedavia to rapidly introduce these emission charges while providing full confidence in the accuracy of the billing process. Calculations are kept transparent to the airlines through easy-to-understand invoices.
James Williamson, CEO of Veovo, says, “The industry’s drive towards increased sustainability and carbon neutrality requires a toolkit of innovative technologies and approaches, including charging that rewards cleaner aircraft. We are pleased that our aeronautical billing engine with complete charge flexibility will support Swedavia in their initiative.”
Swedavia operates 10 Swedish airports and is a leader in adopting environmental innovations.
Lena Wennberg, Chief Sustainable Development Officer at Swedavia, says: “Swedavia wants the travel of the future to be sustainable. For many years, we have actively worked towards a transition to more sustainable travel via our airports. By the end of 2020, Swedavia became completely fossil-free in our airport operations. Fossil-free renewable HVO-diesel is now being fuelled at our airports. Within the Swedish government’s initiative Fossil-free Sweden, which we work within, there are also goals for domestic flights to be completely fossil-free by 2030. For international traffic, all planes taking off from Swedavia’s airports must be fossil-free by 2045”.
Swedavia’s climate transition work was recently honoured by the Airports Council International (ACI), awarding the operator the Eco-Innovation Airport of the Year in 2021.
“The sharing of real-time operation information across all A-CDM partners has created efficiencies throughout our business, leading to more effective and smart decision making.”
“Veovo gives us real-time insights into our operations and resources, allowing us to reduce delays and lower service costs”.
“Veovo gives us instant clarity of what’s happening, and when, across the airport. It allows us to make fast, proactive decisions, particularly around events like changes in flight schedules.”
“Veovo is providing us with real-time decision-making on where our resources are needed. We are most excited about the ability the system gives our teams to respond much quicker to unplanned events.”
“Veovo is facilitating a truly collaborative culture within the wider airport community. It is great to see the benefit of real-time information.”
“Veovo not only allows us to work smarter, but it also gives us a platform, on which we can easily build innovative new services, and connect to emerging technologies”