Speaking at a fringe event hosted by the airline and operator at the Labour Party conference in Liverpool, Jet2 chief executive Steve Heapy cautioned against demand management – such as further taxes on flying – “that impact working people”.
He called for the government’s new National Wealth Fund to invest in a sustainable aviation fuel (SAF) industry, and to incentivise private investment through an interim revenue certainty mechanism. This would ensure fuel companies are paid a guaranteed price for SAF to encourage them to ramp up production and keep costs to the consumer down.
