In New York, JetBlue and World Fuel Services announced a new commercial agreement to bring the first regular supply of blended SAF, provided by Valero Marketing and Supply Company, a subsidiary of Valero Energy Corporation, to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024. Under the terms of the initial 12-month agreement, JetBlue is expected to take delivery of a minimum of 1,000,000 gallons of neat sustainable aviation fuel (approximately 3,300,000 gallons blended) – with an option to purchase up to an additional 4,000,000 gallons (approximately 13,300,000 gallons blended). The blended SAF will be made available via existing infrastructure, including the Colonial Pipeline. “This newly available SAF in our hometown is a key signal of the growing engagement by major fuel producers and the potential of SAF to meaningfully address aviation’s carbon emissions,” said Sara Bogdan, managing director of sustainability and environmental social governance, JetBlue. “By leveraging Valero’s globally recognized expertise in energy markets and logistics, and by utilizing existing jet fuel distribution infrastructure, this new large-scale supply of SAF is set to be a pivotal moment as the industry grows the use of SAF. Truly maximizing the impact of this opportunity will require engagement across all sectors.”
More on the story.
