Brussels: The clouds of war engulfing the Middle East and the skyrocketing price of oil in the international market have put Europe's major airlines on the edge. At a key meeting in Brussels on Thursday, the heads of companies such as Air France-KLM, Ryanair, Lufthansa and British Airways took a stand against the European Union's (EU )'Green Agenda '. Airlines say that the mandate for the use of synthetic sustainable jet fuel (eSAF) from 2030 is too expensive and impractical. As the oil price double-dealing conflict enters its third week, jet fuel prices have skyrocketed. Fuel prices have doubled in Europe, while Asia has seen an 80 percent jump. The threat of fuel supply disruption due to the closure of the Strait of Hormuz has already made airlines such as Air France and IDLM-Finance warn that the cost of additional fuel could prove to be suicidal.
Europe's Airlines Rebel Against EU's Green Agenda Amid Rising Fuel Costs
Akila News•

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Publisher: Akila News
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