The Indian government's policy on making use of sustainable aviation fuel mandatory for airlines may not be as effective as envisaged and can result in higher prices of the fuel due to limited production currently, International Air Transport Association (IATA) director general Willie Walsh said on Monday.
"The US approach to SAF is the most advanced with a system of tax credits to drive up production levels. This will be more effective than purchase mandates being considered as far and wide as Singapore, India and Europe. When there is not enough supply, a purchase mandate will drive prices up, stall innovation and limit competition long before supply increases," Walsh said while addressing IATA's annual general meeting in Istanbul.
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