Home » EUROPE » The EU Parliament discusses sustainable travel and tourism with GBTA, Travalyst and WTTC Saturday, March 22, 2025On March 20, 2025, the European Parliament hosted a critical discussion on the future of sustainable travel and tourism in Europe.The event, organized by the Global Business Travel Association (GBTA), Travalyst, and the World Travel & Tourism Council (WTTC), brought...
Philippine low-cost carrier Cebu Pacific formally closed a sustainability-linked Japanese Operating Lease with Call Option (JOLCO) for its new Airbus A321NEO, marking its first-ever sustainable aircraft financing. The LCC is the first airline in Southeast Asia to get approval for a sustainability-linked loan (SLL). According to Cebu Pacific chief financial officer Mark...
The International Air Transport Association (IATA) released new estimates for Sustainable Aviation Fuel (SAF) production showing that, within this year, SAF production volumes reached one million tonnes (1.3 billion liters), double the 0.5 million tonnes (600 million liters) produced in 2023. SAF accounted for 0.3 percent of global jet fuel production and 11% of global...
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