IATA: director general Willie Walsh critical of European policies

IATA introduces digital currencies into its financial settlement systems

(Finance) – The director general of IATA, Willie Walsh spoke at the conference promoted in Rome by the World Air Transport Organization, addressing the invitation to Europe to take concrete action to contribute to the reduction of CO2 and demanding more facts and fewer theories.

Walsh expressed a critical point of view on the hypothesis of introducing SAF, sustainable aviation fuels, complaining that it would not go in the desired direction and would add an annual cost of 174 billion dollars for a sector that makes 30 billion in net profits. With the result – explained Walsh – that the costs to cover the huge expense would fall entirely on consumers.

Walsh explained that “if, on the contrary, the Single European Sky were created, there would be an immediate reduction in Co2 emissions of 10% without any additional cost”, underlining that technologies and aircraft suitable for the purpose would allow us I am. IATA therefore supports the adoption of the Single European Sky, which it would lead to a reduction in flight times, consumption and CO2 emissions, with benefits for the environment and for passengers who would see airfares drop.

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