Investors need policy certainty for SAF, says IAG chief executive

Confusion around pricing and the perceived lack of a policy framework could stall the roll-out of sustainable aviation fuel (SAF) in Europe, says International Airlines Group (IAG) chief executive Luis Gallego. Speaking at the Sustainable Skies World Summit 2023, Gallego said there”needs to be a floor in the price to have some sort of certainty to make a plan”. The feedback from financiers, the IAG chief said, was that they “cannot invest in something without a pricing mechanism”. In contrast to Europe, where Gallego said “we need more of a policy framework”, across the Atlantic “you have a very attractive