IATA Reports Slow Growth in Sustainable Aviation Fuel Production
The International Air Transport Association (IATA) released new estimates showing that sustainable aviation fuel (SAF) production is at 0.6% of total jet fuel consumption, with a projected increase to 0.8% by 2025. However, challenges such as high SAF prices, lack of policy support, and slow progress in mandating its use are hindering the industry's transition.
The slow growth in SAF production is expected to impact the aviation sector's efforts to decarbonize. IATA urges policymakers to design effective incentives to accelerate SAF adoption and address market distortions.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
Read full article
Continue on Business Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
IATA Raises Concerns Over Sustainable Aviation Fuel Supply Challenges
Nigerian Aviation Allocation Drops 23% to N87.3bn in 2026
CBN Urges Nigerians to Handle Naira with Care in Kano
inDrive Recognized as Top Mobility Company of the Decade
Remitano Simplifies Crypto Cash-Outs with Direct Bank Payouts
NGX Sees ₦344bn Market Cap Increase This Week
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
