Producers of sustainable aviation fuel (SAF) in the European Union cannot increase output fast enough to meet quotas, the CEO of Frankfurt airport operator Fraport said, adding the new European Commission would have to address the issue. The fuel, made from bio-based materials such as used cooking oil or wood chips could cut carbon emissions by up to 80%compared with conventional fuel, and is regarded in the sector as essential to making it more sustainable. "There is not enough sustainable fuel to meet the quotas," Fraport CEO Stefan Schulte said at an event late on Tuesday.
Key Insights Using the 2 Stage Free Cash Flow to Equity, Fraport fair value estimate is €51.13 With €53.70 share price...
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