ARTICLE · 10 OCTOBER 2023

Aviation Industry Braces Itself Amid Race To Net Zero Challenges

Norton Rose Fulbright Hong Kong

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Sustainability Partner Caroline May and Aviation Finance Partner Andrew Williams joined 500 delegates from the aviation sector who met in Madrid recently for the first IATA World Sustainability Symposium (WSS)...

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Key themes from the IATA World Sustainability Symposium

Sustainability Partner Caroline May and Aviation Finance Partner Andrew Williams joined 500 delegates from the aviation sector who met in Madrid recently for the first IATA World Sustainability Symposium (WSS). Representatives from across the industry, including airlines, airport operators, ground handlers and fuel storage, trading and suppliers gathered to discuss common issues and challenges in the race to achieve net zero by 2050.

IATA Director General, Willie Walsh, opened the keynote session by underlining the aviation sector's commitment to net zero by 2050, and highlighted the need for collaboration across the industry, whilst recognising the huge challenges posed. He highlighted the need for consistent regulation to provide a sound framework for innovation, investment and development, pointing out the need for subsidies in Europe, especially in respect of sustainable aviation fuel (SAF) production,

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