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Singapore’s chance to become a global leader in sustainable aviation fuel

Growing global demand for such fuel can unlock thousands of high-quality jobs and give the Republic’s economy a multibillion-dollar boost

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    • While Singapore’s announcement of a passenger levy for sustainable aviation fuel may seem difficult to swallow, it will pay dividends for the country’s economic progress and its green ambitions down the road.
    • While Singapore’s announcement of a passenger levy for sustainable aviation fuel may seem difficult to swallow, it will pay dividends for the country’s economic progress and its green ambitions down the road. PHOTO: REUTERS

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Jamie Bloomfield

    Published Wed, May 1, 2024 · 05:00 AM

    ASIA’S aviation sector has experienced rapid growth in recent years, becoming one of the world’s largest markets. Even on modest forecasts, passenger numbers across Asia are set to double, with the International Air Transport Association forecasting more than four billion passengers in the Asia-Pacific by 2040.

    In Singapore itself, passenger numbers are already returning to their non-stop growth trajectory. With this growth comes an opportunity for Singapore to demonstrate true regional leadership.

    Singapore’s recent publication of its Sustainable Air Hub Blueprint, and its announcement of a sustainable aviation fuel levy, are a recognition of the importance of sustainability to Singapore’s aviation future.

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    AviationAlternative fuels

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