The global aviation industry faces a significant challenge in scaling sustainable aviation fuel (SAF) production to meet projected 2030 demand of 17.1 million tonnes annually, which would require an additional 5.8 million tonnes of capacity to secure final investment decisions (FID) by 20261. Current SAF adoption remains limited, with only
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2024 Aviation Fuels Reference Prices for ReFuelEU
The European Union Aviation Safety Agency (EASA) has released its 2025 briefing note outlining 2024 reference prices for aviation fuels under the ReFuelEU Aviation Regulation (Regulation (EU) 2023/2405). This document fulfills EASA’s obligation to annually publish technical reports starting in 2025, as mandated by Article 13 of the regulation. The
Continue readingIATA outlook 2024 with low oil prices
The global airline industry has demonstrated remarkable resilience and recovery in recent years, with operating margins showing significant improvement despite various challenges. After experiencing severe losses during 2020-2021, the industry has rebounded strongly, achieving an operating margin of 6.4% in 2024 and projecting 6.7% for 2025. This recovery is particularly
Continue readingSustainable Aviation Fuel Vs. Jet Fuel
Sustainable Aviation Fuels (SAFs) are emerging as a crucial solution to reduce the aviation industry’s carbon footprint. These fuels, derived from renewable sources such as waste oils, agricultural residues, and algae, can significantly lower CO2 emissions compared to conventional jet fuel. The European Union has set ambitious targets for SAF
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