Aviation & Airlines | Low Carbon Aviation | Business Model
Ryanair's CEO, Michael O'Leary, criticizes the portrayal of aviation as the primary villain in climate change discussions, noting that the sector contributes only 2% to global CO2 emissions. He asserts that despite environmental concerns, consumers prioritize cost over climate impacts, continuing to favor budget-friendly flights. O'Leary remains skeptical about the immediate impact of sustainable aviation fuels (SAF) and advocates for other efficiency improvements within the industry.