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Industry estimates have revealed how much extra passengers could pay.
reportedly push for a new passenger levy to cover the higher cost of sustainable aviation fuel. The federal government wants airlines to use so-called green fuel made from farming by-products and waste like used cooking oil.
Know the news with the 7NEWS app: That can cost two to five times more than regular jet fuel, and airlines do not want to wear that extra cost.
“It’s just going to add to prices,” Flight Centre chief executive Graham Turner told 7NEWS. Industry estimates suggest an average $260 airfare might rise about a dollar initially, but could grow to between $5 and $10 by 2040. Singapore started applying its own levy on Thursday, adding about $3 extra on a flight from Singapore to Australia from January.
“Australia ... has the opportunity to be a super producer of these new low-carbon liquid fuels,” Airbus’ chief representative for Australia Stephen Forshaw said. Air travel could become more expensive for Australians as airlines reportedly push for a new passenger levy to cover the higher cost of sustainable aviation fuel. Plane-maker Airbus supports slowly mandating sustainable aviation fuel but opposes a passenger levy in Australia, warning it could reduce competition.
“So the ability for the market to absorb impacts like a well thought-through and modest mandate on the use of these new fuels is very strong. ”
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