Energy demand associated with energy consumption (commonly fossil fuels) has increased in line with the rise in world population and this has led to a number of complications. The best known and most prominent issue induced by fossil fuel utilization is unavoidable greenhouse gas emissions released as a result of the combustion of fuels. Emitted greenhouse gases from various sources, such as industrial plants, power plants, transportation services, residential utilization and so on, are largely responsible for global warming and climate change. According to latest reports, the share of the transportation sector in total energy-related CO2 emissions is approximately 23%. As a result of a detailed investigation and dissemination of transportation-induced emissions, air transportation is found to be responsible for approximately 3-4% of total energy-related CO2 emissions. The current study introduces a different perspective in the evaluation of aircraft greenhouse gas emissions. In this manner, a thermodynamic evaluation on the basis of the first and second laws of thermodynamics and a cost evaluation of greenhouse gases emitted from domestic flights in the UK are presented in the current paper, in addition to an environmental impact assessment.