In the Philippines, BusinessWorld reported that local airline Cebu Pacific’s Chief Strategy Officer, Alex Reyes, said that the government must send strong signals that it supports the development of sustainable aviation fuel in the country through tax incentives and other policies. “Government incentives will definitely help as they will accelerate SAF development in the Philippines,” Reyes was quoted as saying. “This can be in the form of tax exemptions on the use of SAF or government funding to help develop local production of SAF in the Philippines,” he added. The executive also noted that the development of SAF has been getting attention globally, with 19 bio-refineries already operational. “However, most of these refineries are located in Europe, with 15 operational refineries. Of the 99 planned SAF bio-refineries, only 25% are in the Asia-Pacific region,” Reyes added.
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