European Airlines Say Sustainable Fuel Goals Could Lead to Higher Fares Written 13 October 2023

Lufthansa-Airbus-A380-Boeing-747-8-Frankfurt-Airport

A Lufthansa Airbus A380 and Boeing 747-8 at Frankfurt Airport | Kiefer–Wikipedia; CC BY-SA 2.0

Reuters reports, “European airline chiefs said on Thursday the industry needs to make more money and may consolidate further to pay for sustainability targets, a trend likely to lead to higher fares for passengers on top of rising demand for air travel.” The EU “has adopted rules requiring flights departing from EU airports to carry a progressively increasing amount of SAF, starting with 2% of total fuel in 2025.”
Full Story (Reuters)