Europe's airline CEOs call for more support meeting green goals

Core Points - European airline CEOs are urging the EU for increased support in the production and supply of sustainable aviation fuel (SAF) [1][2] - The EU has mandated a minimum blending of 2% SAF for airlines this year, which is set to increase to 6% by 2030 [1] - Current SAF prices are three to five times higher than traditional jet fuel, making it economically challenging for airlines [2] Group 1 - The CEOs of major European airlines, including Ryanair, easyJet, Air France-KLM, Lufthansa, and IAG, are advocating for more assistance from the European Commission to establish a viable SAF market [2] - There is a call for higher subsidies to incentivize the production of SAF, as the current cost disparity poses a significant barrier [2] - EasyJet's CEO highlighted that if SAF were priced similarly to traditional jet fuel, the need for mandates would be eliminated [2] Group 2 - IATA's director has accused the oil industry of inflating costs for airlines through SAF surcharges, adding to the financial burden on the aviation sector [3]