A significant volume of literature already exists concerning the inclusion of aviation in the
EU-ETS. Most of the research laid its focus on specific industry levels such as the individual
airline the aviation industry in general or macroeconomic aspects. In this context these
studies tried to anticipate market reactions triggered by the EU-ETS by analyzing specific
issues such as the financial impact on airlines changes in competitive behavior or
implications for the overall industry development. As a consequence the existing studies took
only a limited market view and made assumptions about expected developments in specific fields
of the aviation industry. However at the time of writing this thesis conclusions about the
scope of impact could hardly be drawn from existing impact assessments because of the wide
range of issues that exceeded the scope of most impact studies. Hence a broader research
approach is needed which takes different analytical perspectives to describe the scope of
impact of the EU-ETS and depict potential effects for the aviation industry.
