NOVEMBER 29TH, 2016
IAG Welcomes Government's Biofuels Consultation
International Airlines Group (IAG) welcomes the Government’s proposal to provide the same economic incentives for sustainable jet fuel production as it currently does for road vehicles.
An eight week consultation was launched today by the Department for Transport and IAG will engage fully with the Government during this process.
Willie Walsh, IAG’s chief executive, said: “We welcome this consultation which is long overdue. Road vehicles have been receiving financial incentives to develop alternative fuels for years whereas airlines –who currently depend on carbon based fuels- receive nothing. Developing innovative solutions is crucial for the airline industry so it can grow sustainably. This will help the UK aviation industry to meet its committed carbon reduction targets and will also attract investment to build a jet biofuel plant, creating jobs and growth for the UK”