News to Know

SAF Mandates Lagging Behind Accelerating Airline Demand
(SOURCE: AVITRADER)

With COP29 coming to a close, IBA, the aviation market intelligence and advisory company, has forecast a growing divergence between mandated demand for sustainable aviation fuel (SAF) and the demand based on larger airlines' planned SAF use.

From around one million tonnes in 2024, IBA predicts that SAF production will grow substantially to 26.8 million metric tonnes (MT/yr) per year by 2030.

The Asia-Pacific (APAC) region is currently leading in SAF production capacity with approximately 1.5 million MT/yr, largely due to Neste's facility in Singapore. By 2025, Europe's capacity is projected to increase from 0.42 to 2.2 million MT/yr.

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