The Republic could develop a €2.55 billion a-year sustainable aviation fuel industry by 2050, a report published on Wednesday claims.
A new report from Sustainable Flight Solutions Ireland and SAF manufacturer, SkyNRG with the backing of aircraft manufacturer, Boeing, and lessors Avolon and Orix Aviation, says meeting these obligations in the Republic could create an industry here with sales of €2.55 billion a-year and employing 1,000 people by 2050, with the potential for exports to increase these numbers.
Simon Coveney, Minister for Enterprise, Trade and Employment, who launched the report, noted that the Government supported EU and international efforts to cut air travel emissions.
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