Industry News: Oil Price.com – Emerging Markets Look To Ramp Up Sustainable Aviation Fuel Production
Industry News: Oil Price.com – Emerging Markets Look To Ramp Up Sustainable Aviation Fuel Production
Emerging Markets Look To Ramp Up Sustainable Aviation Fuel Production
With global aviation passenger numbers rebounding, emerging markets are looking to capture market share through increased investment and sustainable aviation fuels (SAFs).
As OBG reported in February, tourism figures rebounded in 2022, thanks to the easing of Covid-19-related restrictions and increased investment in tourism. The sector’s recovery is set to continue, with international tourist arrivals likely to reach 85-90% of pre-pandemic levels in 2023.