EU carbon tax, SAF mandates may divert airline traffic to Switzerland, UK: IATA

The Europe Union’s carbon taxes and mandates for using sustainable aviation fuel are likely to hike operational costs for airlines that may choose to fly instead to nearby countries such as Switzerland, the UK and Turkey, an official from the International Air Transport Association told S&P Global Commodity Insights. From 2026, the EU will apply its Emissions Trading Scheme, or…