In the UK, Business Airport International reported that Avfuel awarded its Early Adopter Award to the Monterey Fuel Company in recognition of its dedication to sustainable solutions, specifically sustainable aviation fuel. “The Monterey Fuel Company has been a huge champion for the adoption of sustainable aviation fuel,” said Keith Sawyer, Avfuel’s manager of alternative fuels. […]
In France, Air France-KLM said that the group’s airlines will have incorporated around 80,000 metric tons of SAF in 2023 – nearly double the amount in 2022 – making the group the world’s largest SAF user for the second year in a row. Throughout the year, the group said it continued to secure future SAF […]
In the UK, SAF Investor reported that Kuwait Petroleum International (KPI) announced its marketing arm Q8Aviation has successfully completed first blending process of sustainable aviation fuel at a biorefinery in Le Havre, in France. According to the report, the SAF will be delivered to the international Charles de Gaulle Airport and Paris’ Orly Airport. KPI […]
In Finland, Neste reported that Thai Airways operated its first flight using Neste MY SAF on December 13, 2023. A Thai Airways Boeing 777 was refueled with blended sustainable aviation fuel at Phuket Airport in Thailand for the return flight to Bangkok International Airport. The blended SAF was supplied by PTT, a Thai oil and […]
In India, The Hindu Business Line reported that Mangalore Refinery and Petrochemicals Ltd (MRPL) is gearing up to produce sustainable aviation fuel in two years to support the government’s SAF target. According to the report, MRPL is setting up 20-kiloliter-per-day plant to demonstrate indigenously-developed technology. The MRPL management is in the process of taking necessary […]
In the UK, Rolls-Royce announced that business aviation customers worldwide are now able to sign up for the company’s new SAFinity program. The company noted that the program combines independently verified sustainability projects with a direct investment in SAF aiming to further support and accelerate the availability and use of SAF in the aviation industry. […]
In South Korea, Pulse reported that the recent decision of the U.S. government to subsidize sustainable aviation fuel in the form of tax credits is raising concerns among South Korean refiners as it may affect their exports. The U.S. Treasury Department recently announced the detailed regulations for SAF tax credits awarded under the Inflation Reduction […]
In New York, Dimensional Energy announces the successful closure of a $20 million Series A funding round. The funding round was led by Envisioning Partners, a Korea-based impact venture capital fund with a strong global focus on climate investing, with strategic participation from United Airlines’ Sustainable Flight Fund, Microsoft’s Climate Innovation Fund, RockCreek Group’s Smart […]
In Switzerland, the International Air Transport Association (IATA) announced estimates for SAF production. In 2023, SAF volumes reached over 600 million liters, double the 300 million liters produced in 2022. SAF accounted for 3% of all renewable fuels produced in 2023, IATA said. In 2024, SAF production is expected to triple to 1.875 billion liters, […]
In New York, Reuters reported that the US Government expects the Treasury to release guidance by the end of this week on whether to make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies. Corn-based ethanol producers see sustainable aviation fuel as one of the only ways to grow their […]
