DBEA55AED16C0C92252A6554BC1553B2 Clicky DBEA55AED16C0C92252A6554BC1553B2 Clicky
February 20, 2024
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There is growing frustration at IATA about the slow commitment from the oil industry to sustainable aviation fuels (SAF). While the quantities to be produced in the next few years seem to satisfy demand, the lack of financial commitment to expanding the production capacity is a concern. Hopefully, the general framework at the recent ICAO conference convinced investors to invest in SAF, but the energy industry needs to ramp up.

That was the message of the International Air Transport Association (IATA) at Wednesday’s Global Media Day in Geneva, which was attended by AirInsight. Especially Marie Owens Roberts, Senior Vice President of Sustainability and Chief Economist, shared her frustrations with the media in what could be seen as an attempt to pressure the industry. But Owens Thomsen also threaded her words carefully, as IATA is fully aware that the airline industry isn’t getting nowhere on SAF if it distances itself from the oil industry.