British Airways Owner Warns Green Fuel Mandates Could Kill European Aviation
AI Summary
International Airlines Group chief executive Luis Gallego warned that proposed European green-fuel requirements and environmental charges could raise fares and damage the aviation industry. The debate centers on rising sustainable aviation fuel obligations, which he says weigh more heavily on UK carriers.
The chief executive of British Airways’ parent company has said planned environmental charges on airlines would “kill” the European aviation industry and push up fares. Luis Gallego, the chief executive of International Airlines Group (IAG), has warned the proposed green charges – which are more burdensome for UK carriers – would hike prices for passengers and cause damage to the aviation industry. The amount of sustainable aviation fuel (SAF) an airline is required to use is due to rise next year, under the proposed…