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GBTA Convention Plus | Professional Development | GBTA Hub | Blog
December 7, 2022

GBTA Continues to Advocate for SAF Production Boost 

This week GBTA submitted comments, along with other industry groups, via a letter to the U.S Treasury Department on the need to quickly adopt guidelines for the tax credit for production of Sustainable Aviation Fuels (SAF). 

This past year, GBTA successfully lobbied the U.S. Congress for inclusion of a tax credit for producers of SAF in the Inflation Reduction Act. GBTA also made this a key item of its June U.S. Legislative Summit, making the case that the tax credit was the best way to spur production of SAF. This legislation was signed into law by the Biden Administration on August 16 of this year.  

In a continuation of GBTA’s efforts, the association turned its sights on the U.S. Treasury Department, which is tasked with finalizing the guidance for the tax credit for SAF producers. The arguments, technical in scope, call for timely guidance to provide needed certainty to allow for fast and robust use by producers so that airlines and other industry stakeholders will have the needed amounts of SAF to meet Net Zero Goals.  

GBTA’s comments also call for the use of Book and Claim accounting − a common practice where the sustainability attributes of a product or input are separated from the physical flows of a feedstock, energy input, or final product − in the SAF production process. This would drive supply chain efficiency and to ensure adequate supply is available where it is needed. The letter also argues this can significantly reduce transport emissions from the SAF supply chain. It is GBTA’s hope and continued focus that the acceptance of the SAF tax credit for producers will encourage the use of Book and Claim accounting for end users in their accounting of emissions of travel.  

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AVIATION

British Airways Lets Passengers Back Onto Hong Kong Flights After A Year (SIMPLE FLYING)

Response to IATA Comments on Airport Charges (TRAVEL DAILY NEWS)

[Canada] Court Upholds All But One Rule In Airline Passenger Bill Of Rights (NATIONAL POST)

JFK Airport Terminal 4 Announces Launch of T4 Services (TRAVEL DAIY NEWS)

SPONSORED  
OTHER INDUSTRIES

Amex GBT and Traxo Pilot Solution For Capturing Out-Of-Channel, Pre-Trip Data (TRAVEL DAILY NEWS)

SUSTAINABILITY

Sustainable Hospitality Alliance and GBTA Form Partnership to Advance Responsible Corporate Travel (TRAVEL DAILY NEWS)

The Road to Net Zero: Changing Travel Patterns to Decarbonize Business Travel (TRAVEL DAILY NEWS)

Virgin Atlantic Agrees SAF Supply Deal for US Flights (BTN EUROPE)

Industry Spotlight


Prof. Kishore Mahbubani to speak at the APAC Travel Summit 2022 

The Pacific Asia Travel Association (PATA) announced today that Professor Kishore Mahbubani, Diplomat; Founding Dean of the Lee Kuan Yew School of Public Policy, NUS and former President of the UN Security Council has been confirmed to speak at the upcoming PATA-GBTA APAC Travel Summit 2022, December 8-9 in Bangkok. 

“The Asia-Pacific travel landscape has never been more dynamic − facing headwinds and tailwinds as the travel and tourism industry navigates through a step-wise recovery. With this in mind, we are honored to have Prof. Kishore Mahbubani as our keynote speaker at our inaugural APAC Travel Summit,” said PATA CEO Liz Ortiguera. “On the heels of Asia’s 12 days, hosting a triumvirate of summits (ASEAN, G20, and APEC), delegates will hear his key takeaways and consider how the current geopolitical events will influence the travel recovery opportunities in the short- to mid-term here in the region.”   

"We believe travel is a force for good — and as such, there are many emerging opportunities for our industry to create a more sustainable way forward in the future of travel. Prof. Kishore Mahbubani will join other noteworthy leaders and industry experts over the duration of the conference to help delegates navigate the dynamic recovery of the Asia-Pacific region,” said Suzanne Neufang, CEO, GBTA. 

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Today's GBTA Webinar
Global Business Travel Index (BTI)™: Outlook for Global Business Travel 2022 – 2026

Join us today for a webinar diving into insights from the Global Business Travel Index (BTI)™: Outlook for Global Business Travel 2022 – 2026 made possible by Mastercard.

Speakers:

  • Lydie Charpin, Vice President of Corporate Travel and Spend Management at Mastercard
  • Jon Grey, Principal at Rockport Analytics

Our speakers will discuss key trends in business travel and the continuing impacts of Covid-19 on the industry, the rise of the hybrid workforce and its implications on matters such as talent retention, the rapid growth in the penetration of meeting technology, and much more.

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Resources


Crisis24 Intelligence Brief

Canada - Severe weather forecast across parts of eastern Canada through Dec. 9. Possible transport, business, and utility disruptions.

India - Tight security continues in Belagavi District, Karnataka State, India, as of Dec. 7. Interstate transport disruptions, violence reported.

Jordan - Unionized taxi and ride-hailing application drivers in Jordan to join truckers' strike from Dec. 7. Transport disruptions, protests likely.

United Kingdom - Unionized ground staff at London Heathrow Airport, UK, plan to strike Dec. 16-19; airport and flight disruptions likely.

More Information

Upcoming Events

Global Business Travel Index (BTI)™: Outlook for Global Business Travel 2022 – 2026
Today, December 7
11:00 AM - 12:00 PM

PATA – GBTA APAC Travel Summit - Global Business Travel Association - GBTA
Tomorrow, December 8 - 9
Bangkok, Thailand

GBTA Europe Town Hall
December 14
10:00 AM - 11:00 AM

View More Events

Sustainability efforts touch almost every component of how we work and live. In the recently released whitepaper, A New Order: Travel Programs Focus on Sustainability made possible by HRS, we examine the role of sustainability in travel programs – with a particular focus on booking and hotel requests for proposals (RFPs).

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GBTA Career Spotlight
Sponsorship Operations and Fulfillment Coordinator

Responsible for managing the overall delivery of sponsorship benefits. Duties include coordinating with Business Development, Research, Education, Marketing, and other departments to ensure overall fulfillment of client benefits are achieved on time. Learn More

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