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Sustainable aviation fuel costs more but consumers willing to pay: IATA

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Sustainable aviation fuel’s main challenge relates to volume rather than airlines’ desire to use it, and consumers will be willing to pay the extra costs associated with its uptake, the director general of the International Air Transport Association told CNBC Friday.

“I think quantity is the main issue at the moment,” Willie Walsh, who was speaking to “Squawk Box Europe” on Friday morning, said.

“We used about 100 million liters of sustainable aviation fuel in 2021 — that’s a very small amount compared to the total fuel required for the industry.”

Looking ahead, Walsh said airlines had ordered 14 billion liters of SAF. “I think that addresses the issue of whether airlines will buy the…



Source cnbc.com

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