2023 has been an eventful year in European aviation, to say the least. As the region continues to come back from COVID while weathering supply chain issues and the impacts of various conflicts, there are a few defining trends that have shaped aviation in Europe in 2023.
Sustainable Aviation Fuel (SAF) has been at the center of attention in 2023. Airlines are making moves to secure their future with growing SAF demand anticipated as regulators in Europe, including the EU Committee, drive up future SAF mandate. Air France-KLM made significant investments in DG fuels plants to secure SAF for its operations for years to come, while Ryanair made its own purchase with Austrian OMV.
However, aviation sustainability has also been a hotly contested topic in Europe during 2023. We saw the saga of Amsterdam Schiphol Airport playing out, where flight caps and proposed taxes failed to materialize under internal and external pressures. Many questions were also asked about the feasibility of SAF in the future of aviation and the effectiveness of various aviation policies in the EU.
Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.
