Singapore Plans Sustainable Fuel Levy That Will Push Up Airfares
02/20/2024 06:25
Singapore plans to introduce a levy on air fares to pay for sustainable aviation fuel, an early sign of how the industry’s decarbonization efforts will increase the cost of travel.
Singapore plans to introduce a levy on air fares to pay for sustainable aviation fuel, an early sign of how the industry’s decarbonization efforts will increase the cost of travel.
The levy will vary depending on factors such as the length of the flight and whether the passenger is flying in economy or in premium class, Singapore’s government said Monday at an aviation summit in the city-state.