News Snapshot:
It may be produced from kitchen scraps and other waste, but aviation’s ‘green’ fuel does not come cheap. Sustainable aviation fuel (SAF) is between two and four times the price of conventional jet fuel, yet airlines are buying every drop and budgeting billions of dollars for forward-purchasing agreements. Unimpressed by the high cost, IATA has called on governments to invest in SAF production to drive the price down and help aviation pursue its commitment to achieving net zero carbon emissions by 2050. Annual production of SAF is around 125 million litres with a forecast that this number will increase to...
