In California, Prophecy Market Insights reported that the global sustainable aviation fuel market is expected to grow at a CAGR of 11.6% between 2024 and 2034. The report stated that the market is expected to generate revenues of $1.1 billion in 2024 and expand to $3 billion by 2034. “The Asia-Pacific region is gaining momentum […]
In Japan, Traicy reported that Japan Airlines (JAL) and ENEOS have entered into a purchase agreement for sustainable aviation fuel. Under the agreement, ENEOS will import SAF and supply it to Japan Airlines, according to the report. The Japanese airline has set a target to replace 1% of its total fuel load with SAF by […]
In Ireland, RTE reported that a new four-year research study will examine potential avenues for producing SAF in Ireland. The study is a collaboration between Trinity College Dublin and the University of Limerickm according to the report. The main focus of the study will be to identify how Ireland can establish a sustainable and viable […]
In Hong Kong, Cathay Pacific reported that DB Schenker has joined Cathay’s Corporate Sustainable Aviation Fuel (SAF) Program, adding that DB Schenker has become the biggest contributor to the scheme to date. The Corporate SAF Program was established in 2022 to help tackle climate change. It enables members to purchase SAF for uplift on Cathay […]
In the UK, Energy News reported that BP will invest $48.54 million to acquire a 15% stake in Lianyungang Jiaao New Energy, a producer of renewable diesel and sustainable aviation fuels. The Chinese firm is owned by Zhejiang-based Jiaao Enprotech. Lianyungang Jiaao New Energy has a SAF production capacity of 100,000 tons per year, according […]
In Colombia, El Tiempo reported that Colombia has a great opportunity in SAF production, according to the preliminary results of a study presented last week in Bogotá by researchers from the Massachusetts Institute of Technology (MIT). According to the report, which will be published in full in August and whose development was supported by Latam […]
In the UK, Ricardo, a global strategic environmental and engineering consulting company, said it has been chosen by the European Union Aviation Safety Agency (EASA) to lead a consortium creating Europe’s first ever Sustainable Aviation Fuel (SAF) Clearing House. Working alongside fellow consortium members – Trinity College Dublin, Intertek, Politecnico di Torino, ENVISA, and Spark […]
In Malaysia, DHL Express said it has signed an agreement with CIMB Group Holdings Berhad to welcome the banking group onboard its GoGreen Plus program. The partnership enables CIMB to leverage the use of sustainable aviation fuel to mitigate the CO2e emissions associated with its international shipments. Through the partnership, CIMB will deploy the program […]
In Korea, The Korea Times reported that Korean Air recently signed a partnership agreement with France’s CEVA Logistics to use sustainable aviation fuel for its cargo transportation business. Under the agreement, CEVA will support Korean Air’s usage of SAF in its air cargo operations. The Korean airline will share the result of its reduction in […]
In Indonesia, Antara reported that Indonesia’s Ministry of Energy and Mineral Resources highlighted the need to accelerate the development of sustainable aviation fuels in the country. “The roadmap for SAF for aircraft has been issued by the Coordinating Ministry of Maritime Affairs and Investment, and we are giving inputs,” the ministry’s Director General of New […]
