British Airways owner IAG warns SAF charges could ‘kill’ European aviation
In the UK, AOL reported that the chief executive of British Airways ‘ parent company has warned that proposed environmental levies on airlines could “kill” the European aviation industry while driving up ticket prices for passengers.
Luis Gallego, chief executive of International Airlines Group (IAG), has cautioned that the planned green charges – which place a heavier burden on UK carriers – would push fares higher and inflict serious damage on the aviation sector, according to the report.
At present, British airlines must ensure their fuel mix comprises 3.7% SAF. Following next year’s rise, this figure is expected to climb steeply to 10% by the end of the decade.
Gallego cautioned that oil companies producing SAF are failing to generate sufficient quantities for airlines to meet the mandated environmental targets.
“All the European airlines will have a major cost disadvantage to global competitors and this is going to have consequences,” he added.
The IAG chief executive further argued that the aviation industry deserved “a level playing field, otherwise we’re going to kill European aviation, but we’re not going to save the planet.”
Category: SAF
