Boeing hosted an event 6th June at their Brussels office including guests such as the European Commission, Politico, KLM, IATA, Aviation Weekly, many associations and public affair agencies.
There was much discussion from the knowledgeable group of industry specialists who gave their informed thinking on ‘Fuelling the future of Flight’ through sustainable aviation fuel (SAF).
Sean Newsum of Boeing mentioning he thinks any move towards more sustainable flying will be caused by technology over lifestyle changes.
Faustine Delasalle mentioning that macro economic will come in to play in time and that purchasing of SAF flight should be led by B2B customers who can financially take some increases in tickets prices in the interim when SAF is 2-3 times more expensive than fossil.
Robert Boyd let us know there have been SAF 183,000 to date, that flights are only 3% of household expenditure which is less than inflation and that is took 15 years to create CORSIA but is is in place and is a global commitment by airlines to decarbonise by 50% on 2005 levels by 2050.
It was discussed that punitive (green) taxes do not gain favour, Cesar Velarde of ICAO agreeing to this at the Sustainable Energy Week in Brussels, 18th June.
Circular Economy Consulting brought up the fact that when speaking to investors, even to those investing in impactful investments, there was little knowledge of sustainable aviation fuel as a future innovation, so perhaps more awareness raising events could be put on to encourage knowledge sharing and market optimism.
One answer to this was that forward purchasing of biofuel by airlines will help to secure funding in the future to demonstrate the demand for the production.
Questions raised were how can we create the market and which airlines will be the first to make the move to green flights? There was talk that use of SAF would add €20/30 per European flight and €50 to transatlantic flights so maybe this is one commitment as individuals we need to make? This is a hard sell to customers but do we need to face up to this fact?
Emissions have reduced by 2% annually so progress has been made through fleet renewal also, but if we want to protect travel for the future then we need a collaborative approach, policy support and policy incentives to get to the tipping point on this wanted and needed innovation in air travel.
It was excellent that Boeing hosted such as event to stimulate conversation and to bring experts together to exchange ideas on how to solve this global challenge.