Qantas Airways (ASX:QAN) looks forward to continued collaboration with the Australian government and industry as part of further consultation processes after the government's disclosure about supply-side support for a low-carbon liquid fuels industry, the airline said in a statement Wednesday.

The airline said it believes that a local sustainable aviation fuel industry has the potential to create "significant" economic benefit for regional Australia, enhance domestic fuel security, and support the decarbonization of the aviation sector.