The production of alternative aviation fuel has seen “disappointingly slow” growth in 2024, according to the latest analysis from airline organisation IATA.
The association said that production of what the industry calls “sustainable” aviation fuel (SAF) will reach 1 million tonnes during 2024. While this is double the amount manufactured in 2023, the fuel still only accounts for 0.3 per cent of total global jet fuel production.
IATA added that 2024’s output was “significantly below” previous estimates that 1.5 million tonnes of the alternative fuel would be delivered in 2024. It said that key SAF production sites in the US have “pushed back their production ramp up to the first half of 2025”.
Looking forward to 2025,…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
Read moreDetails
