IATA head says price of sustainable fuel likely to remain high

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IATA head says price of sustainable fuel likely to remain high
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LISBON (Reuters) - Sustainable aviation fuel (SAF) is likely to stay more expensive than kerosene even when large-scale production kicks in and the ...

LISBON - Sustainable aviation fuel is likely to stay more expensive than kerosene even when large-scale production kicks in and the cost won't deter airlines from their carbon emissionLISBON - Sustainable aviation fuel is likely to stay more expensive than kerosene even when large-scale production kicks in and the cost won't deter airlines from their carbon emission targets, International Air Transport Association head Willie Walsh said.

"I truly believe SAF will always be priced at a premium to kerosene," Walsh told a conference in Lisbon. He expected the price of SAF to come down when deliveries reach a large scale, compared to"tiny volumes" now, though it will remain at a premium to kerosene.

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