• Skip to main content
  • Skip to primary sidebar

Ad – Bottom Content

Payload Asia

Post-COVID-19 green recovery must embrace sustainable aviation fuels

Payload Asia

Leaderboard

  • Home
  • Latest News
  • Channels 
    • Carriers
    • Aircraft Manufacturers
    • Airports
    • Courier & Mail
    • Freight Forwarders
    • Express
    • Ground Handling & Cargo Terminals
    • Logistics
  • 12th Payload Asia Awards
    • About
    • Categories
    • 11th Payload Asia Awards
    • 10th Payload Asia Awards
    • 9th Payload Asia Awards
    • Awards Gallery
  • Subscribe
  • Advertise
  • More 
    • Event Calendar
    • Directory
    • Contact Us
Share

Post-COVID-19 green recovery must embrace sustainable aviation fuels

July 14, 2020 by PLA Editor

The International Air Transport Association (IATA) emphasised the aviation industry’s commitment to its emissions reduction goals and called for the International Energy Agency (IEA) to prioritize investment in sustainable aviation fuel (SAF) to help power aviation’s contribution to the post-COVID-19 recovery.

IATA’s call comes on the eve of the IEA Clean Energy Transitions Summit which will meet virtually to debate moves toward a low-carbon future. The IEA is well placed to promote SAF production with its stakeholders both in government and in the fuel industry.

The world must “build back better” from the COVID-19 crisis with attention focused on investment in carbon reduction technologies and in SAF, which will create jobs at this critical time and boost aviation’s progress towards its goal to cut aviation emissions to half 2005 levels by 2050.

Current SAF production rates are too low for aviation to reach this goal despite SAF’s proven potential and airline efforts to date:

  • SAF can cut CO2 lifecycle emissions up to 80 percent compared with conventional jet fuel
  • SAF uses sustainable fuel sources that do not compete with food or water or damage biodiversity.
  • Due to extensive testing and investment from airlines, SAF is certified as safe, sustainable, and ready-to-use.
  • Over 250,000 flights have already taken off with a blend of SAF.

“The enormous amounts of money that governments are investing in the economic recovery from COVID-19 are an opportunity to create a legacy of energy transition for the aviation industry. To achieve this, governments, the finance community, and the fuel producers—both large and small—must work together with the goal of rapidly increasing production of affordable sustainable aviation fuel,” said Alexandre de Juniac, IATA’s Director General and CEO.

IATA estimates that current SAF production is 50 million litres annually. To reach a tipping point where the scale of production will see SAF costs drop to levels competitive with jet fuel, production needs to reach 7 billion litres or 2 percent of 2019 consumption.

“As much as airlines want to use SAF, production is well below the scale needed for prices to fall to competitive levels. Attaining the right price point is even more crucial as industry losses and debt levels rise. But if governments can use this unique time to combine a safe fiscal and regulatory framework supporting SAF production with the direct allocation of stimulus funds to SAF production, it is possible to reach the 2 percent tipping point in 2025. That would power greener flight, create jobs, and fuel the economic recovery together,” said de Juniac.

IATA and the wider aviation community are ready to work with the IEA, governments, and fuel companies to cut aviation emissions with SAF. “SAF is our biggest emissions reduction opportunity. The time is right to push it forward so that, together, we can achieve major carbon reductions on the way towards fossil-fuel-free flight,” said de Juniac.

Other Topics: Air & Cargo Services, air cargo, Air Cargo Asia, air cargo freight, Air Forwarding, air freight, Air Freight Asia, Air Freight Logistics, air freighter, air freighting, Air Logistics Asia, Air Shipping Asia, airlines cargo, airways cargo, asia cargo news, aviation, cargo aviation, Covid-19, International Air Transport Association, International Energy Agency

Related Articles

  • iata logoLuis Gallego Chairs IATA Board
  • FedEx Global Healthcare Secures IATA CEIV Pharma Corporate Certificate
  • iata logoIATA: Air cargo key to supply chain resilience
  • iata logoSAF Registry goes live
  • iata logoIATA: Air cargo demand declines slightly in February
  • iata logoSAF registry to be operated by the Civil Aviation Decarbonization Organization

Ad – After Content

Primary Sidebar

Trending News

  • Saudia Cargo launches ‘Saudia Cargo Global’ in partnership with TAM Group to expand into Greater China and Asia-Pacific from new Hong Kong hub 234 views

  • Cathay Cargo transports 10 terracotta figures and over 200 artefacts from Xi’an to Perth 179 views

  • 12th Payload Asia Awards now open for nominations 179 views

  • transport logistic Southeast Asia, air cargo Southeast Asia accelerates the region’s logistics resilience, sustainability, and digitalisation 145 views

Payload Asia Awards

Subscribe To
Our Newsletter



Payload Asia continues to be the authoritative source for informative, accurate and up-to-date news and information on the air cargo industry and related sectors.

With its updated and refreshed look the online edition continues to provide high quality coverage on the Asia-Pacific, India-Middle East, Europe-CIS, North & South America and Africa air cargo markets.

© 2024 Harvest Information. All rights reserved. Privacy Policy

Partner Sites : Asia Food Journal and Television Asia Plus .

We use cookies and similar technologies to improve your browsing experience.
Continuing to use this site means you agree to our use of cookies. I agreeRead More
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non Necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

Analytics

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.

Performance

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

Advertisement

Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.

Save & Accept

Stay Updated!

Subscribe now to receive the latest news, updates, and exclusive insights. Don’t miss out!

 

By submitting this form, you consent to receive marketing emails from Payload Asia. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

Disclaimer: Translations on this website are automated using Google Translate. While we strive for accuracy, please be cautious, as machine translations may contain errors. For critical or sensitive content, consider seeking professional human translation. We are not liable for any reliance on the translated content.

1