Wizz Air Tops Major Airline Emissions Rankings
Wizz Air, the Hungary-based ultra-low-cost airline emits an industry low of 53.9 grams of CO₂ per Available Seat Kilometer (ASK)*, followed by Frontier Airlines (54.4 grams) and Pegasus (57.1 grams) according to the report.
The rankings provide the aviation industry with verified comparable data on an equal playing field as the sector advances toward Net Zero by 2050 commitments. The rankings performance use Cirium's EmeraldSky platform, which achieved ISAE 3000 Reasonable Assurance from PricewaterhouseCoopers (PwC) and official accreditation from the Rocky Mountain Institute (RMI).
Wizz Air, Frontier, and Pegasus Top 3; The Top 20 Major Airlines Ranked by CO2 Emissions/ASK
The top 20 Major airlines globally are presented in the corresponding tables.
Of note is the performance of Indigo, top in Asia, Volaris, top in Latin America and the Caribbean, and Jetstar, for its performance in Australia.
The CO2/ASK Emissions of the World's Largest Airlines
Cirium's reporting also ranked the 10 largest airlines in the world by ASK. At the head of the table is Ryanair, followed by Southwest Airlines, and Delta Air Lines. Each of the major U.S. carriers earned spots at the table, while Turkish Airlines, Qatar Airlines and Emirates rounded out a group of primarily long-haul operators.
Enabling Fair Comparison Across the Industry
'For the first time, airlines can compare their emissions performance using a consistent, verified methodology,' said Jeremy Bowen, CEO at Cirium. "EmeraldSky provides the industry-standard benchmark that enables fair comparison and meaningful progress tracking."
The comprehensive Review analyzed global operations using dual-accredited methodology, with the full report containing extensive findings across:
Global Category Rankings showing the top 20 Major airlines and the World's 10 largest airlines by CO₂ per Available Seat Kilometer
Regional Performance breakdowns showing which airlines excel on intra-region and inter-region routes
Route-Level Improvements identifying specific airport pairs with the greatest efficiency gains
Operational Insights revealing how fleet composition, load factors, and route optimization drive performance differences
The Review provides comprehensive operational insights that support industry-wide efficiency improvements, offering actionable intelligence for aviation stakeholders committed to sustainability progress.
Setting New Industry Transparency Standards
EmeraldSky's methodology achieved the highest level of assurance under International Standard on Assurance Engagements through rigorous independent review. The Rocky Mountain Institute's accreditation under the Pegasus Guidelines validates the approach for climate-aligned aviation financing, enabling banks and investors to make informed decisions based on verified emissions data.
This standardized approach addresses aviation's fragmented sustainability reporting, where inconsistent methodologies have made meaningful comparisons impossible. The verified benchmark enables airlines to assess their operational efficiency accurately, investors to evaluate performance reliably, and corporations to report Scope 3 emissions with confidence.
Quarterly Updates Drive Accountability
The Flight Emissions Review will be updated quarterly, tracking performance changes and operational improvements across the industry. With hundreds of data points and detailed analysis across multiple categories, the report provides the most comprehensive view of aviation emissions performance available.
Access the Complete Rankings and Analysis
The full Flight Emissions Review, including detailed carrier rankings, regional breakdowns, route-specific analysis, and operational insights, is available for download at www.cirium.com/flight-emissions-review.
Notes to Editors
* Available Seat Kilometers (ASK) is a metric in the airline industry that represents the total passenger capacity of an airline
About Cirium
Cirium ® is the world's most trusted source of aviation analytics. The company delivers powerful data and cutting-edge analytics to empower a wide spectrum of industry players. It equips airlines, airports, travel enterprises, aircraft manufacturers, and financial entities with the clarity and intelligence they need to optimize their operations, make informed decisions, and accelerate revenue growth.
Cirium ® is part of LexisNexis ® Risk Solutions, a RELX business, which provides information-based analytics and decision tools for professional and business customers. The shares of RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
USA Today
14 minutes ago
- USA Today
Raising Cane's opening new locations in 6 states in August. Here's where.
Raising Cane's is continuing its expansion this summer. After opening five new restaurants in July, the Baton Rouge, Louisiana-based chain known for its chicken fingers said in a statement to USA TODAY it is opening seven more locations across six states in August, including its first restaurant in the Long Beach, California area. Other states getting new locations include Florida, Wisconsin and Maryland, among others, Raising Cane's said in an emailed statement on July 28. Here's what to know about this month's Raising Cane's openings. Which states are getting new Raising Cane's locations? New restaurants are scheduled to open at the following locations on the following dates, according to the chain: What is Raising Cane's? The company sells chicken sandwiches and chicken finger combos including crinkle-cut fries, Texas Toast, coleslaw and Cane's sauce, which the company says is made with a "special blend of spices." Raising Cane's owner Todd Graves initially planned to call his restaurant Sockeye's, a nod to the salmon he once fished in Alaska. However, a friend suggested he name the company after his yellow Labrador Retriever, Raising Cane, who spent lots of time at the construction site of the first Raising Cane's location at the north gates of Louisiana State University. The dog, Cane I, served as the company's mascot until he died in 1998, according to the chain. He was friendly and loved to wear Graves' sunglasses. Raising Cane's second mascot, Cane II, stepped into her role in 1999. She was a therapy dog who visited hospital patients around the country. As the company mascot, Cane II spent time at the company's Restaurant Support Office and attended community events until 2016. Most recently, Cane III, born in 2017, was appointed mascot. "She loves visiting Raising Cane's Restaurants and receiving belly rubs from crewmembers," the company said, noting that Raising Cane's fans can follow her on social media at @RaisingCane3. Saleen Martin is a reporter on USA TODAY's NOW team. She is from Norfolk, Virginia – the 757. Email her at sdmartin@ Gabe Hauari is a national trending news reporter at USA TODAY. You can follow him on X @GabeHauari or email him at Gdhauari@
Yahoo
17 minutes ago
- Yahoo
Frost CEO: Lending competition heating up
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Frost Bank is experiencing stiffer competition for lending activity in its Texas markets, particularly in the commercial real estate sector, CEO Phil Green said Thursday. For San Antonio-based Frost, loans lost to other banks due to structure continued to increase in the second quarter, reaching the second-highest quarter ever for such losses. 'I think this represents the level of competition developing in the market,' Green said during Thursday's quarterly earnings call. Competition has intensified generally, but there's 'probably no more competitive asset class than commercial real estate,' Green said in an interview after the lender reported earnings. Past CRE issues led many lenders to 'put pencils down' for a period of time; now, with fewer deals to go around, 'whenever one raises their head, you get more people looking to participate,' Green said. Dive Insight: Texas has been a hotbed for bank expansion and merger-and-acquisition activity of late: Columbus, Ohio-based regional Huntington Bank said last month it's buying Dallas-based Veritex for $1.9 billion; Kalispell, Montana-based Glacier Bank is acquiring Mount Pleasant, Texas-based Guaranty Bancorp for $476.2 million; and Houston-based Prosperity Bancshares is buying American Bank for $321.5 million. And super-regionals U.S. Bank and PNC are among the bigger banks digging deeper into the state, which has seen population and business growth explode in recent years. Amid an increasingly competitive lending landscape, the rise in Frost's losses to structure 'just represents how aggressive banks are out there,' Green said during the earnings call. Other banks might be willing to offer a more lenient loan structure, with a longer interest-only period or a longer term, he said. Frost executives noted the $51.4 billion-asset bank's losses to pricing dropped by 28%. The lender didn't detail the size of the increase in losses due to structure. 'We want to compete on price. We don't want to lose good business to that,' Green told analysts during the call. 'But as it relates to structure, that's where you can get in trouble.' When asked whether there might be a point down the road at which the bank rethinks that approach to remain competitive, Green said, 'the grass is never greener on the other side of the fence of good credit quality.' 'I wouldn't see us making significant changes to our approach to credit structure,' he added. The Texas bank's average loans for the second quarter increased 7.2%, to $21.1 billion, year over year; that represented a 1.3% increase from the prior quarter, the bank said. Lending competition is coming from banks of all sizes, although Green said Frost is experiencing 'a little bit more pressure coming from smaller – maybe banks a little smaller than us,' he said. 'They're sort of waking up to having some money, I guess, to go into some of these asset classes, and they typically will be a little bit more aggressive on underwriting.' Frost CFO Dan Geddes added that competition has intensified particularly for larger loan opportunities. 'Larger, high quality – there's not a lot of them and so when they come around, it can get pretty competitive on both pricing and structure,' Geddes said. As Frost continues its expansion efforts in major Texas cities, the recent M&A activity in the state 'really is to our benefit,' Green said. 'If anything, it's going to make it more successful, I think, because you have an acquisition and you're trying to put two different companies together, and your customers are confused and your staff is confused, and there are lots of questions, and there's systems that have to be converted,' he said. 'And if we move into a market like that, and we're an alternative, I think it just really helps enhance our value proposition.' Those integrations offer Frost an opportunity to pick up both customers and bankers, he contended. 'I'm kind of looking forward, frankly, to some of this acquisition activity,' he said. Green reiterated Thursday the bank is uninterested in any acquisitions itself, and sees plenty of room to grow within Texas, rather than going outside the state. Frost, which opened its 200th branch in the Austin area in the second quarter, has doubled down on organic expansion in markets such as Houston, Dallas and Austin. By the end of the second quarter, the bank's expansion efforts – which begin in 2018 – had generated about $2.7 billion in deposits, $2 billion in loans and almost 69,000 new households as customers, Green said. The expansion represented about 37% of total loan growth and 44% of total deposit growth, year over year, and 24% of new commercial relationships were brought in through the expansion, Geddes said. The bank sees plenty more opportunity to fill out its presence in those major cities – and potentially in Fort Worth and San Antonio, or smaller communities like Fredericksburg and Kerrville – as it tracks where growth has been particularly robust and follows. 'There's so much more for us to mine out of these great markets,' he said. 'That's where our focus is going to be.' The bank's non-interest expenses jumped 9.5%, to $347.1 million, in the quarter, in part tied to hiring connected to the expansion. Frost expects overall expansion efforts to be accretive to earnings in 2026. Recommended Reading Frost CFO: 'We are that stable bank in Texas' Sign in to access your portfolio
Yahoo
22 minutes ago
- Yahoo
Pump.fun memecoin dominance plummets as rival projects lure traders
memecoin dominance is cracking amid rising competition and diminishing interest in industry joke coins. The controversial token generator, that has made almost $780 million, in fees since its launch in January 2024 accounted for less than half of all new memecoins on the Solana blockchain in the last 24 hours. It's a notable break from dominance of the Solana memecoin market, which was as high as 90%, in terms of tokens created daily, just two months ago Instead, LetsBonk has become the new power player with more launches, and seemingly more momentum. LetsBonk accounted for 18,620 token launches in the last 24 hours, according to a Dune dashboard by the analyst who goes by Adam_Tehc. That's more than twice the number managed on and the first time another platform has outpaced in a single day. The results aren't just about the number of tokens launched in a single day. LetsBonk tokens were more successful than their counterparts in another key metric: the number of memecoins that graduated. On token generators like and LetsBonk, a newly launched memecoin graduates when it raises enough Solana 2coins on its bonding curve to be listed on a decentralised exchange like Raydium. In the memecoin world, graduating could mean visibility to traders and possibly virality. Competition among these token launchpads has grown even fiercer as Solana's memecoin mania has cooled. Memecoins peaked as a crypto market segment at $127 billion in December but have since slumped to $56 billion. What's driving the rise of LetsBonk? The platform reinvests half of the fees earned to buy Bonk, a $1.7 billion Solana-based memecoin. Data from the platform's website shows $5.3 million worth of Solana has been used to buy back Bonk. Meanwhile, routinely sells off the Solana coins earned from fees without any investment in its community. The stakes for couldn't be higher, especially amid reports of a $1 billion initial coin offering, or ICO. hasn't publicly confirmed the ICO. Despite losing its position as the largest token launcher on Solana, remains the most popular memecoin generator. The platform attracted almost three times as many users as LetsBonk in the last 24 hours.
