Australian aviation sector calls for SAF investment

Health & Leisure
Tuesday, 23 April 2024

Australian airlines Qantas and Virgin Australia - plus some of the country’s largest airports - want their government to budget A$2 billion to develop a sustainable aviation fuel (SAF) industry and reduce Australia’s dependency on imports.


In a letter, the group said: “Without targeted government intervention and investment, Australia risks languishing, in the long run, as an importer of renewable fuels; leaving its domestic industries at the mercy of availability of supply and international market pricing.” 

A domestic SAF sector could add A$13 billion to the economy every year by 2040 and create 13,000 jobs in the feedstock supply chain, the group says, and reduce Australia’s dependence on imported liquid fuels from 90 per cent to 61 per cent by 2040 and to just 21 per cent by 2050 boosting “national fuel security and energy independence”.

Australian aviation sector calls for SAF investment

Health & Leisure
Tuesday, 23 April 2024

Australian airlines Qantas and Virgin Australia - plus some of the country’s largest airports - want their government to budget A$2 billion to develop a sustainable aviation fuel (SAF) industry and reduce Australia’s dependency on imports.


In a letter, the group said: “Without targeted government intervention and investment, Australia risks languishing, in the long run, as an importer of renewable fuels; leaving its domestic industries at the mercy of availability of supply and international market pricing.” 

A domestic SAF sector could add A$13 billion to the economy every year by 2040 and create 13,000 jobs in the feedstock supply chain, the group says, and reduce Australia’s dependence on imported liquid fuels from 90 per cent to 61 per cent by 2040 and to just 21 per cent by 2050 boosting “national fuel security and energy independence”.