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Mon, Dec 16, 2024

Aero-News: Quote of the Day (12.16.24)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

“SAF volumes are increasing, but disappointingly slowly. Governments are sending mixed signals to oil companies which continue to receive subsidies for their exploration and production of fossil oil and gas. Make no mistake that airlines are eager to buy SAF and there is money to be made by investors and companies who see the long-term future of decarbonisation."

Source: Willie Walsh, IATA’s director general, in remarks concerning the latest analysis by the International Air Transport Association (IATA) found that the growth of alternative aviation fuels was “disappointingly slow” in 2024. It referenced several major sustainable aviation fuel (SAF) producers pushing production back to 2025.

FMI: www.iata.org

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