British Airways CEO warns of potential air travel cost increases due to transition to sustainable aviation fuel (SAF) for net-zero targets.

British Airways CEO Luis Gallego warns that air travel costs may rise due to the transition to sustainable aviation fuel (SAF) to meet net-zero targets. SAF, made from non-fossil fuel sources, emits 70% less CO2 than traditional jet fuel. The EU requires 6% of jet fuel from sustainable sources by 2030. European airlines may become less competitive due to this, and airline demand could be impacted.

July 04, 2024
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