The aviation industry plays a crucial role in global connectivity and economic growth but also contributes significantly to carbon emissions. Decarbonizing aviation is essential to combat climate change, with fuel efficiency improvements and the adoption of sustainable aviation fuel (SAF) being key strategies. While synthetic SAF production holds promise, it requires massive amounts of clean hydrogen and CO2, posing technological challenges. Hydrogen-powered airplanes offer a zero-carbon alternative for commercial flights, although current limitations exist in infrastructure and technology readiness. The potential of SAF lies in its diverse value chains, derived from various feedstocks, with countries rich in agricultural products likely to lead in production. Government support, policy mandates, and incentives are crucial for scaling SAF production and transitioning to net-zero aviation. Coordinated action from stakeholders across the aviation value chain, including policy-makers, suppliers, manufacturers, and airlines, is necessary for a successful transition. With the private sector's involvement and investment incentives, the aviation industry can progress towards sustainable flight and reduce its environmental impact.