Lee Hui Ying on Civil Aviation Authority of Singapore (Amendment) Bill
A big concern in investing in the sustainable aviation fuel (SAF) market is the high level uncertainty. The fund is inherently risky as the industry is still in an early stage and profits may be vulnerable to sudden changes in technological advancements. MP Lee Hui Ying, who highlighted this concern in parliament on Tuesday (Oct 14), wanted to know what steps would be taken by the government to ensure the resilience of the SAF fund, while managing the risks and fluctuations. She also highlighted the impact of the levy on consumers and wanted to know how much of the costs are likely to be shifted to them, as well as the impact on fares and air freight. Ms Lee wanted to know how the government would maintain Singapore’s competitiveness, given that other regional airports may not impose a similar levy.
A big concern in investing in the sustainable aviation fuel (SAF) market is the high level uncertainty. The fund is inherently risky as the industry is still in an early stage and profits may be vulnerable to sudden changes in technological advancements. MP Lee Hui Ying, who highlighted this concern in parliament on Tuesday (Oct 14), wanted to know what steps would be taken by the government to ensure the resilience of the SAF fund, while managing the risks and fluctuations. She also highlighted the impact of the levy on consumers and wanted to know how much of the costs are likely to be shifted to them, as well as the impact on fares and air freight. Ms Lee wanted to know how the government would maintain Singapore’s competitiveness, given that other regional airports may not impose a similar levy.
Popular Shows
