Preparing for Compliance: Exploring ReFuelEU Aviation Challenges and Opportunities from the Perspective of Icelandair and Stakeholders
The upcoming implementation of the ReFuelEU Aviation Initiative presents both challenges and opportunities for the European aviation sector. Starting January 2025, the EU’s aviation fuel mix must include at least 2% Sustainable Aviation Fuel (SAF), leading to higher operating costs for airlines due to SAF’s higher price than fossil kerosene. Additionally, the entire fuel supply chain will need to