Airlines highlight climate cost amid risk to green fuel target

BRUSSELS, Oct 12 (Reuters) - European airline chiefs said on Thursday the industry needs to make more money and may consolidate further to pay for sustainability targets, a trend likely to lead to higher fares for passengers on top of rising demand for air travel.

The head of British Airways parent IAG told reporters at a CEO roundtable that there was a more than a 90% risk that the industry would not meet a European Union mandate for the availability of sustainable aviation fuel in 2025. (Reporting by Joanna Plucinska, Julia Payne; editing by Jason Neely)