IBA: Cost of flying will rise due to more expensive sustainable technology and fuel

The cost of flying for passengers is set to increase in the next ten years due to rising taxes on existing fuels (JetA1) and the significantly greater production costs of sustainable aviation fuel (SAF), according to the aviation industry consultant IBA. IBA has forecast that the current average global air ticket price of £101 (US$134) could rise to £122 ($161) by 2030, an increase of 20%. In a recent webinar on Net Zero aviation, IBA’s expert panel outlined how the aviation industry is under increased pressure to accelerate its sustainability actions, particularly following IATA’s pledge for the sector to become