THE aviation industry has been under pressure to go green, a task that requires billions of dollars and risks in an increase in rates and fares, reports Istanbul's Daily Sabah.
Airlines across the world have pledged net-zero emissions by 2050, putting pressure on the industry to accomplish the goal.
The International Air Transport Association (IATA) makes up 82 per cent of global air traffic, estimating the green transition will cost US$1.55 trillion.
Airbus hopes to see aircraft running on hydrogen, which emits no pollution when burned, enter service by 2035.
Fuel currently represents between 20 and 30 per cent of airline costs.
Sustainable aviation fuels are 'three times more expensive for those using used recycled oils, five times more expensive for biomass and five to 10 times more expensive for synthetic fuels,' said French Transport Minister Jean-Baptiste Djebbari, reported Agence France-Presse.
Total Energies head of oil and gas Patrick Pouyanne warned that the cost of these nonconventional fuels was far from matching less expensive conventional ones.
'The energy and ecological transition will have to be financed not only by airlines or energy companies, but also by the whole chain, including customers.' said Mr Pouyanne.
Higher prices would mark a big change for a sector even if it still excludes up to 95 per cent of the global population.
Some 310 million air trips were taken in 1970 and 4.4 billion in 2019.
IATA is banking on the figure rising to 10 billion in 2050 despite the Covid crisis.
IATA declared the cost of air transport has dropped 96 per cent since 1950 due to the introduction of jets in the 1960s, leading to dramatic industry growth, and the 1978 deregulation of the sector in the US.
Said IATA: 'Downward trend continues due to improved technology and efficiency as well as strong competition.'
SeaNews Turkey
Airlines across the world have pledged net-zero emissions by 2050, putting pressure on the industry to accomplish the goal.
The International Air Transport Association (IATA) makes up 82 per cent of global air traffic, estimating the green transition will cost US$1.55 trillion.
Airbus hopes to see aircraft running on hydrogen, which emits no pollution when burned, enter service by 2035.
Fuel currently represents between 20 and 30 per cent of airline costs.
Sustainable aviation fuels are 'three times more expensive for those using used recycled oils, five times more expensive for biomass and five to 10 times more expensive for synthetic fuels,' said French Transport Minister Jean-Baptiste Djebbari, reported Agence France-Presse.
Total Energies head of oil and gas Patrick Pouyanne warned that the cost of these nonconventional fuels was far from matching less expensive conventional ones.
'The energy and ecological transition will have to be financed not only by airlines or energy companies, but also by the whole chain, including customers.' said Mr Pouyanne.
Higher prices would mark a big change for a sector even if it still excludes up to 95 per cent of the global population.
Some 310 million air trips were taken in 1970 and 4.4 billion in 2019.
IATA is banking on the figure rising to 10 billion in 2050 despite the Covid crisis.
IATA declared the cost of air transport has dropped 96 per cent since 1950 due to the introduction of jets in the 1960s, leading to dramatic industry growth, and the 1978 deregulation of the sector in the US.
Said IATA: 'Downward trend continues due to improved technology and efficiency as well as strong competition.'
SeaNews Turkey