In the UK, International Airlines Group (IAG) announced its largest SAF purchase agreement to date, with Twelve, which will supply advanced e-SAF made from made from CO2, water and renewable energy. Under the terms of the fourteen-year contract, Twelve will supply IAG with 785,000 tons of e-SAF to support its five European airlines (British Airways, Iberia, Aer Lingus, Vueling and LEVEL). The green fuel will reduce lifecycle greenhouse gas emissions by up to 90% versus conventional jet fuel. Luis Gallego, IAG’s CEO said: “We have a roadmap to achieve net zero by 2050 including a target to fly with 10% Sustainable Aviation Fuel by 2030. The shortage of sustainable fuel globally continues to be a problem for our industry although innovative companies like Twelve are an important part of the solution. “This new deal will contribute towards our 2030 SAF target. We would like to see similar projects scale in Europe, and we look forward to working with governments across our key markets to build a SAF industry to deliver jobs, economic growth and a stable supply of SAF,” the executive added.
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