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Sustainable fuel pricing ‘beginning to make sense’ – Iata boss

Air
Gary Noakes
22 November 2022

The economics of sustainable aviation fuel (SAF) are beginning to add up, Iata chief executive Willie Walsh has said.

SAF production is ramping up (Credit: British Airways)

Speaking at the Airlines 2022 conference, Walsh said SAF last week was priced around 1.6 times that of conventional kerosene. “It has been four or five times; we are seeing the economics make a lot more sense.”

“It probably averaged 2.7 times in 2021/22 and every single drop was bought by airlines. There will be a premium for SAF, but it is a premium airlines will pay.”