BUSINESS NEWS
Lufthansa’s Carsten Spohr: ‘In Europe we see a mandate forcing us to use SAF that isn’t being produced, forcing up prices. This [requires] government intervention’
EU ‘asleep at the wheel’ over production of SAF
Air bosses urge political support for ‘clean’ fuel, reports Ian Taylor from Brussels
Airline chiefs have hit out at EU and UK leaders over their failure to firm up financial support for sustainable aviation fuel (SAF) production. They point to the US Inflation
Reduction Act (IRA) of 2022 which will direct almost $400 billion in federal funds towards ‘clean’ energy, including SAF production, and argue Europe has failed to respond. Speaking at the Airlines for Europe
(A4E) summit in Brussels last week, Ryanair group chief executive Michael
48 6 APRIL 2023
O’Leary said: “The market will not supply SAFs at a meaningful price and in meaningful volumes. There has to be government intervention.” He insisted: “We would all use
SAF. But the SAF we can obtain between now and 2024 will be less than 1% of our fuel. How do we increase the amounts available? “I don’t need an environmental
incentive. I’m all over it [fuel efficiency] like a rash. But the infrastructure isn’t there. The incentives aren’t
there. Europe is asleep at the wheel.” Lufthansa group chief executive
Carston Spohr agreed, saying: “If all the SAF produced in the world goes to us now, it would last five days. If the European aviation industry had it, it would be gone in one day. The volumes are huge. “We buy all the SAF we can, but right now the SAF price is five times
Continued on page 46
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