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Freeman Razemba
Senior Reporter
Air Zimbabwe (Private) Limited chief executive officer Mr Edmund Makona has said Zimbabwe is one of the potential producers of sustainable aviation fuels, adding that this could reduce operational costs.
He was speaking during a two-day Business Implementation Study Workshop for the promotion of Sustainable Aviation Fuels in Zimbabwe under the assistance of the International Civil Aviation Organisation.
“Fuel is the biggest cost driver in aviation. Generally, it constitutes about 28 percent of the total operational cost at global level. So if we can focus on the biggest cost driver and reduce it, the aviation industry will be sustainable.
He said aviation fuel bills is around US$291 billion, which is an increase of about US$100 billion from last year.
“If Zimbabwe can produce sustainable aviation fuels and contribute at least 2 percent of US$291 billion, a lot of revenue will be raked in. This is a welcome development that dovetails with Vision 2030 and transforming Zimbabwe’s economy,” said Mr Makona.
He said the International Air Transport Association has come up with a four-pillar strategy in managing climate change.
“Aviation is contributing about 4 percent of carbon emissions, and the industry is committed to reducing that,” he said.
Online Reporter