Willie Walsh warns that shift to greener fuels will push up airfares

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Willie Walsh, the former Aer Lingus and International Airlines Group chief executive, has warned that fares will rise as airlines implement measures to hit sustainability targets in coming years (via IrishTimesBiz)

, has warned that fares will rise as airlines implement measures to hit sustainability targets in coming years. He also warned that fares may rise in the short term this year as oil prices hit multi-year highs in 2022. that will be circulated among its members on Wednesday, Mr Walsh heralded sustainable aviation fuel, a less environmentally damaging fuel mix that is blended with aviation’s traditional fuel of kerosene, as a “game changer”.

“The problem with [such fuel] is the cost,” Mr Walsh said in conversation with Itic chief executive Eoghan O’Mara Walsh. He said the greener fuel was “2½ times as expensive” as traditional aviation fuel. Considering the proportion of a typical airline’s costs go on fuel – about 25 per cent – it is “clearly going to have an impact on price” as many airlines turned to sustainable fuel to help them hit carbon reduction targets, he said.

 

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IrishTimes ROFL we all know this sustainable living is to keep the peasants at home without even a car to drive around in. Sustainable scam morelike.

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