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Lundgren: SAF mandate could 'wipe out' easyJet's profitability

Government
Harry Kemble
8 October 2024

The outgoing easyJet boss Johan Lundgren says passing on costs from the incoming sustainable aviation fuel (SAF) mandate to passengers may “wipe out” the low-cost carrier’s profitability. 

Johan Lundgren, easyJet, October 2024 (Credit: Abta)

Johan Lundgren believes airlines will achieve net zero emissions by 2050 but it will come at a cost (Credit: Abta)

Speaking at the 2024 Abta Convention in Costa Navarino on Tuesday (8 October), Lundgren insisted he was “not against SAF” and admitted the cleaner fuel was one of several levers available to airlines as they target net-zero emissions by 2050.

However, Lundgren, who will step down early next year after seven years at the helm, told delegates how charging passengers possibly up to £8 extra per flight to cover SAF costs would hit the airline’s bottom line.