Singapore will defer charging a levy on the use of green jet fuel to adjust to price rises caused by the Middle East war, regulators said Wednesday.
The city-state had planned to require departing flights to use the more expensive Sustainable Aviation Fuel (SAF) in their mix starting this year, and to collect a levy on tickets to finance that.
SAF — a biofuel made from plant and animal materials like cooking oil and fat, which produces lower carbon emissions than traditional jet fuel — is crucial to the airline industry’s bid to cut carbon emissions.
Authorities previously said they would start charging the levy on tickets sold from April 1 for flights departing Singapore starting October 1.
But the Civil Aviation Authority of Singapore (CAAS) said in a statement on Wednesday that the levy will now be applied to tickets sold from October 1 for flights departing from January 1.
“The Civil Aviation Authority of Singapore will defer the implementation of the SAF levy, in view of the impact of the ongoing conflict in the Middle East on airlines and passengers,” the regulator said.
Add Comment