{"id":111834,"date":"2025-04-02T20:07:25","date_gmt":"2025-04-03T00:07:25","guid":{"rendered":"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/markets\/how-are-environmental-rules-and-tech-changing-aviation-industry\/"},"modified":"2025-08-12T15:25:39","modified_gmt":"2025-08-12T19:25:39","slug":"how-are-environmental-rules-and-tech-changing-aviation-industry","status":"publish","type":[3765],"link":"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/markets\/how-are-environmental-rules-and-tech-changing-aviation-industry\/","title":{"rendered":"How is the aviation industry reshaping itself with new environmental rules and tech?"},"content":{"rendered":"<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row bg--white  text--black row-padding--bottom-none bbg-row--full-bg-bleed\" data-anchor='row-69d8caab2c3a0'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column\"\n    style=\"\"\n    >\n    <p>    <h1 class=\"bbg-metadata bbg-metadata--title\">How is the aviation industry reshaping itself with new environmental rules and tech?<\/h1>\n<div\n    class=\"bbg-spacer bbg-spacer--lg\"\n    >\n<\/div>    <ul class=\"bbg-categories_list\">\n                    <li>\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/markets\/\" rel=\"category tag\">\n                    Markets\n                <\/a>\n            <\/li>\n                    <li>\n                <a href=\"https:\/\/professional.content.cirrus.bloomberg.com\/professional2023\/insights\/category\/sustainable-finance\/\" rel=\"category tag\">\n                    Sustainable Finance\n                <\/a>\n            <\/li>\n            <\/ul>\n<div\n    class=\"bbg-spacer bbg-spacer--lg\"\n    >\n<\/div>    <p class=\"bbg-metadata bbg-metadata--date\">April 2, 2025<\/p>\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p class=\"small\"><strong>Bloomberg Professional Services<\/strong><\/p>\n\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row  text--black row-padding--top-none row-padding--bottom-none bbg-row--full-bg-bleed\" data-anchor='row-69d8caab32b4b'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <p><div\n    class=\"bbg-column bbg-column--width-2 bbg-column--valign-middle bbg-column--m-width-4 bbg-column--s-width-2\"\n    style=\"\"\n    >\n    <div id=\"\" class=\"wpb_content_element bbg-single-image align-left\">\n    <figure class=\"bbg-single-image__figure\" style=\"max-width:100%\">\n                <img loading=\"lazy\" decoding=\"async\" width=\"3001\" height=\"3001\" src=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Square-930534_BBGT_Market_Dialogues_Podcast_Campaign_Thumbnail_Artwork-1.jpeg\" class=\"bbg-single-image__image attachment-full\" alt=\"\" title=\"Square-930534_BBGT_Market_Dialogues_Podcast_Campaign_Thumbnail_Artwork-1\" srcset=\"https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Square-930534_BBGT_Market_Dialogues_Podcast_Campaign_Thumbnail_Artwork-1.jpeg 3001w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Square-930534_BBGT_Market_Dialogues_Podcast_Campaign_Thumbnail_Artwork-1.jpeg 552w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Square-930534_BBGT_Market_Dialogues_Podcast_Campaign_Thumbnail_Artwork-1.jpeg 800w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Square-930534_BBGT_Market_Dialogues_Podcast_Campaign_Thumbnail_Artwork-1.jpeg 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Square-930534_BBGT_Market_Dialogues_Podcast_Campaign_Thumbnail_Artwork-1.jpeg 1536w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Square-930534_BBGT_Market_Dialogues_Podcast_Campaign_Thumbnail_Artwork-1.jpeg 2048w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Square-930534_BBGT_Market_Dialogues_Podcast_Campaign_Thumbnail_Artwork-1.jpeg 108w\" sizes=\"auto, (max-width: 3001px) 100vw, 3001px\" \/>\n        \n            <\/figure>\n<\/div>\n\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<div class=\"flexbox\">\n<div><\/div>\n<div><\/div>\n<\/div>\n<div><\/div>\n\n<\/div>\n\n<\/div><div\n    class=\"bbg-column bbg-column--width-1 bbg-column--valign-middle\"\n    style=\"\"\n    >\n    \n<\/div><div\n    class=\"bbg-column bbg-column--width-8 bbg-column--valign-middle\"\n    style=\"\"\n    >\n    <div\n  class=\"bb-audio\"\n  data-title=\"Market Dialogues - How are environmental rules and tech changing aviation industry?\"\n  data-state=\"fresh\"\n  data-audio-url=\"https:\/\/assets.bbhub.io\/professional\/sites\/41\/Market-Dialogues-How-are-environmental-rules-and-tech-changing-aviation-industry.mp3\"\n  data-label-desc=\"for Market Dialogues - How are environmental rules and tech changing aviation industry?\"\n  data-controls-class=\"no-controls\"\n  data-custom-controls-background=\"fill\"\n  data-theme=\"light-mode\"\n  data-progress=\"0\">\n<\/div>\n\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row bg--white  text--black row-padding--top-none bbg-row--full-bg-bleed\" data-anchor='row-69d8caab3daa0'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n                    >\n            \n            <div\n    class=\"bbg-column bbg-column--width-8\"\n    style=\"\"\n    >\n    <p><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><strong>Overview<\/strong><\/p>\n\n<\/div>\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">This episode of the Market Dialogues podcast features <\/span><\/span><strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">David Doherty<\/span><\/span><\/strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">, <\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">Head of<\/span><\/span><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\"> Head of Oil <\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">and<\/span> <span class=\"NormalTextRun SCXW49697721 BCX0\">R<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">enewable Fuels Research <\/span><\/span><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">at <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW49697721 BCX0\">BloombergNEF<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">, in a discussion with <\/span><\/span><strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">Charlotte Lollar<\/span><\/span><\/strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">, <\/span><\/span><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">Director of Sustainable Aviation Fuel, Delta Global Sustainability<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\"> at<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\"> Delta Air <\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">Lines, <\/span><\/span><strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">Lauren<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\"> Riley<\/span><\/span><\/strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">, <\/span><\/span><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">Chief Sustainability Officer<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\"> at<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\"> United Airlines<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">, <\/span><\/span><strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">Robert Horto<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">n<\/span><\/span><\/strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">, <\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">Vice President of Environmental Affairs, DFW Airport, and <\/span><\/span><strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">Adam Klauber<\/span><\/span><\/strong><span class=\"TextRun SCXW49697721 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW49697721 BCX0\">, <\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">Vice-President, Sustainability <\/span><span class=\"NormalTextRun SCXW49697721 BCX0\">and<\/span><span class=\"NormalTextRun SCXW49697721 BCX0\"> Digital Supply Chain, World Energy.<\/span><\/span><span class=\"EOP SCXW49697721 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><span class=\"TextRun SCXW229786550 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW229786550 BCX0\">The discussion <\/span><span class=\"NormalTextRun SCXW229786550 BCX0\">centers<\/span><span class=\"NormalTextRun SCXW229786550 BCX0\"> on airlines&#8217; pursuit of credible carbon offsets and cost-efficient low-carbon fuels, the strategies employed by industry\u00a0<\/span><span class=\"NormalTextRun SCXW229786550 BCX0\">participants<\/span><span class=\"NormalTextRun SCXW229786550 BCX0\"> to address these challenges, and the potential implications for air travel demand and fare structures.<\/span><\/span><span class=\"EOP SCXW229786550 BCX0\" data-ccp-props=\"{&quot;335551550&quot;:1,&quot;335551620&quot;:1}\">\u00a0<\/span><\/p>\n<p><span class=\"TextRun SCXW73148 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW73148 BCX0\"><strong>Source<\/strong>: <span class=\"TextRun SCXW235426350 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW235426350 BCX0\">B<\/span><span class=\"NormalTextRun SCXW235426350 BCX0\">NEF Summit<\/span><span class=\"NormalTextRun SCXW235426350 BCX0\">,<\/span> <span class=\"NormalTextRun SCXW235426350 BCX0\">February 4-5<\/span><span class=\"NormalTextRun SCXW235426350 BCX0\">, <\/span><span class=\"NormalTextRun SCXW235426350 BCX0\">2025, <\/span><span class=\"NormalTextRun SCXW235426350 BCX0\">San Francisco<\/span><\/span><span class=\"EOP SCXW235426350 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335557856&quot;:16777215,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/span><\/span><\/p>\n\n<\/div>\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><strong>About the series<\/strong><\/p>\n\n<\/div>\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><span class=\"TextRun SCXW4439746 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW4439746 BCX0\">The <strong>Market Dialogues<\/strong> podcast series provides access to curated, thought-provoking discussions from Bloomberg global events. It offers in-depth insights from experts on key trends and themes driving the markets today and beyond.<\/span><\/span><span class=\"EOP SCXW4439746 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span class=\"TextRun SCXW177851424 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW177851424 BCX0\"><span class=\"TextRun SCXW210247497 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW210247497 BCX0\">Discover more conversations in the Market Dialogues series <\/span><\/span><\/span><\/span><a class=\"Hyperlink SCXW177851424 BCX0\" href=\"https:\/\/www.bloomberg.com\/professional\/insights\/series\/market-dialogues\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"TextRun Underlined SCXW177851424 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW177851424 BCX0\" data-ccp-charstyle=\"Hyperlink\">here<\/span><\/span><\/a><span class=\"TextRun SCXW177851424 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW177851424 BCX0\">.<\/span><\/span><span class=\"EOP SCXW177851424 BCX0\" data-ccp-props=\"{&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0}\">\u00a0<\/span><\/p>\n\n<\/div>\n<div class=\"bbg-interstitial\" aria-label=\"interstitial\" tabindex=\"0\">\n\t<style>\n\t\t.bbg-interstitial #card_1.bbg-card_hasCta{\n\t\t\tbackground: url(https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&amp;type=webp&amp;url=https:\/\/assets.bbhub.io\/professional\/sites\/41\/Interstitial_bg.png);\n\t\t\t\tbackground-repeat: no-repeat;\n\t\t\t\tbackground-position: center center;\n\t\t\t\tbackground-size: cover;\n\t\t\tpadding: 104px;\n\t\t\t\n\t\t\t\n\t\t}\n\t\t.bbg-interstitial #card_1.bbg-card_hasCta .bbg-card__content, .bbg-interstitial #card_1.bbg-card_hasCta .bbg-card__content p{\n\t\t\tcolor:white;\n\t\t}\n\t\t@media (max-width: 768px) {\n\t\t\t.bbg-interstitial #card_1.bbg-card_hasCta{\n\t\t\t\tpadding: 80px 32px;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 480px) {\n\t\t\t.bbg-interstitial #card_1.bbg-card_hasCta{\n\t\t\t\tpadding: 80px 18px;\n\t\t\t}\n\t\t}\n\t<\/style>\n\t<div class=\"wpb_content_element bbg-card  bbg-card-dark bbg-card_hasCta has_interstitial\" id=\"card_1\" data-card_type=\"no_image\">\n  \n  \n  <div class=\"bbg-card__innerwrapper\">\n    <div class=\"bbg-card__content\">\n      \n      \n                      <h3 class=\"bbg-card__title\">Discover more with Bloomberg newsletters<\/h3>\n      \n              <div class=\"bbg-card__wysiwyg bb-wysiwyg\"><p>Subscribe now<\/p>\n<\/div>\n          <\/div>\n\n          \n<div\n  id=\"cta_1276644150145378568\"\n  class=\"wpb_content_element bbg-cta icon icon-arrow\">\n  <style>\n    \n    \n    \n  <\/style>\n  <div\n    class=\"bbg-cta-link link-holder\"\n    data-links-type=\"cta-links\">\n    <p class=\"bbg-cta-p right\">\n      <a\n        class=\"bbg-cta-link link interstitial_cta\"\n        href=\"https:\/\/www.bloomberg.com\/professional\/insights\/newsletter\/\"\n        target=\"\"\n        rel=\"\"\n        data-section-name=\"\"\n                role=\"button\"\n        aria-label=\"Learn more\"\n        >\n                <\/a>\n    <\/p>\n  <\/div>\n<\/div>\n\n      <\/div>\n\n  <\/div>\n\n<\/div>\n<div\n    class=\"bbg-spacer bbg-spacer--md\"\n    >\n<\/div><div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<h2><span class=\"TextRun SCXW77705474 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW77705474 BCX0\">In focus<\/span><\/span><span class=\"EOP SCXW77705474 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/h2>\n\n<\/div>\n<div\n\tclass=\"bb-wysiwyg\"\n\t\t>\n\t<p><span class=\"TextRun SCXW232693543 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW232693543 BCX0\">Featured insights from this episode of Market Dialogues:<\/span><\/span><span class=\"EOP SCXW232693543 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">On approach to environmental targets in the aviation sector in 2025<\/span><\/b><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Lauren Riley: <\/span><\/b><span data-contrast=\"auto\">There is no lack of change here in the United States, but it&#8217;s not just in the United States, it&#8217;s also in other regions around the world like the EU and the UK and elsewhere. They&#8217;re looking at adding different policies that address sustainability in aviation. Change is happening everywhere. Fundamental to United commitment to net zero by 2050 is that it&#8217;s anchored in our business strategy today. <\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Fuel is our number two operational cost right behind labor and we don&#8217;t hedge on fuel purchase&#8230;what&#8217;s interesting about sustainable aviation fuel and why we&#8217;re also anchored in investing in this space is that it gives us line of sight to be able to stabilize the cost of a very volatile cost to United&#8217;s operation&#8230;*<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><span class=\"TextRun SCXW55315170 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW55315170 BCX0\">We<\/span><span class=\"NormalTextRun SCXW55315170 BCX0\"> do want to drive the emissions out of our supply chain. When we made our commitment to net zero a couple of years ago, we did it without relying on the use of carbon offsets. <\/span><span class=\"NormalTextRun SCXW55315170 BCX0\">And really that was our declaration from a <\/span><span class=\"NormalTextRun SCXW55315170 BCX0\">somewhat principled<\/span><span class=\"NormalTextRun SCXW55315170 BCX0\"> point of view that we <\/span><span class=\"NormalTextRun SCXW55315170 BCX0\">have to<\/span><span class=\"NormalTextRun SCXW55315170 BCX0\"> focus on permanent reductions and <\/span><span class=\"NormalTextRun SCXW55315170 BCX0\">that&#8217;s<\/span><span class=\"NormalTextRun SCXW55315170 BCX0\"> why <\/span><span class=\"NormalTextRun SCXW55315170 BCX0\">we&#8217;re<\/span><span class=\"NormalTextRun SCXW55315170 BCX0\"> so bullish about sustainable aviation fuels.<\/span><span class=\"NormalTextRun SCXW55315170 BCX0\">..<\/span><\/span><span class=\"EOP SCXW55315170 BCX0\" data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Robert Horton: <\/span><\/b><span data-contrast=\"auto\">We&#8217;ve intentionally engineered externalities out of the equation. Last year we [<\/span><span data-contrast=\"none\">Dallas Fort Worth International Airport]<\/span><span data-contrast=\"auto\"> celebrated 50 years as an airport. That&#8217;s a few changes of administration, but the way that we frame environmental or sustainable goals is that it is the right thing to do. It is also good from a business perspective. <\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:0,&quot;335551620&quot;:0,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">For example, if we look at the last 15 &#8211; 20 years, we&#8217;ve reduced our energy costs by almost 40% and our annual spending on energy by almost 40%. And that&#8217;s significant because as you reduce or engineer the waste out of your systems, you&#8217;re also reducing your environmental footprint.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">The sustainable aviation fuel (SAF) conversation is a lot more challenging for us as an airport because airports don&#8217;t really purchase fuel. That&#8217;s mainly the airlines or consortiums, but we are intentional about supporting or enabling that. For example, we&#8217;ve done a lot of pilots with used cooking oil, collecting that, and then routing that to recyclers to refine and convert it into sustainable fuels&#8230;<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">On affordability and accessibility of SAF<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Charlotte Lollar:<\/span><\/b> <span data-contrast=\"auto\">Sustainable aviation fuel is very expensive. It&#8217;s also very necessary. When you ask a question about whose responsibility it is, it&#8217;s kind of\u00a0the responsibility [of all of us]. There are a lot of players in this value chain and it&#8217;s a shared risk model. There is a premium associated with it. There is a necessary step change that has to happen in the technology in order to scale and make it more affordable. <\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">I think we often have conversations about parity and we&#8217;re really kind of focused on the end costs and really it&#8217;s about affordability, but it&#8217;s also economies of scale and getting the tech there. And so it&#8217;s kind of a shared responsibility&#8230;<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Adam Klauber<\/span><\/b><span data-contrast=\"none\">: A<\/span><span data-contrast=\"auto\">s a business, we have to sell where we get the highest price, however it makes most sense to reduce the logistics costs that&#8217;s associated. There are emissions there too. Even pipelines have emissions. Can we deliver to the closest, the nearest airport to our production capacity? That is really what makes sense. <\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">In terms of another way for us to address some of the price premium is to be transparent with pricing. Our model is to have what we call a cost plus or contract for differences model where we have all the incentives stacked and we show our customers what they are, and we think that this is an important way to get buy-in. The customers understand there&#8217;s a fixed margin, but all the rest can fluctuate according to market conditions. They understand the market conditions.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:0,&quot;335559739&quot;:0}\">\u00a0<\/span><\/p>\n<p><em><span class=\"TextRun SCXW210870448 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW210870448 BCX0\">*Quotations have been <\/span><span class=\"NormalTextRun SCXW210870448 BCX0\">edited <\/span><span class=\"NormalTextRun SCXW210870448 BCX0\">for brevity and <\/span><span class=\"NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW210870448 BCX0\">clarity.<\/span><\/span><\/em><\/p>\n\n<\/div>\n\n<\/div>\n\n\n                    <\/div>\n    <\/section>\n<\/div>\n\n<div  class=\"bbg-row-container\">\n    <section class=\"bbg-row bg--gray  text--black bbg-row--full-bg-bleed\" data-anchor='row-69d8caab450ca'>\n        \n        \n        <div\n            class=\"bbg-row--content\"\n 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<\/p>\n","protected":false},"author":1935,"featured_media":102820,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"template-podcast.php","format":"standard","meta":{"_yoast_wpseo_primary_category":"453","footnotes":""},"categories":[453,524],"tags":[3651,3681,3680,3772,3733,3679],"series":[3770],"class_list":["post-111834","post","type-post","status-publish","format-standard","hentry","category-markets","category-sustainable-finance","tag-bloombergnef","tag-esg-strategy","tag-impact-investing","tag-market-dialogues","tag-net-zero","tag-sustainability","post_series-market-dialogues","type-podcast"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How is the aviation industry reshaping itself with new environmental rules and tech? | Insights | Bloomberg Professional Services<\/title>\n<meta name=\"description\" content=\"This episode of the Market Dialogues focuses on 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