Category: SAF

Global SAF market to reach value of $131.1 billion by 2033, report finds

Global SAF market to reach value of $131.1 billion by 2033, report finds

August 16, 2023 |

In Ireland, Research and Markets reported that the sustainable aviation fuel market is projected to be valued at $131.12 billion by 2033 from $1.29 billion in 2023, growing at a CAGR of 58.78% Based on application, the sustainable aviation fuel market is led by the commercial aviation segment, with a 78.64% share in 2023, the […]

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CSIRO, Boeing roadmap shows opportunity for SAF industry in Australia

CSIRO, Boeing roadmap shows opportunity for SAF industry in Australia

August 16, 2023 |

In Australia, a report released by Australia’s national science agency, CSIRO and Boeing Australia stated that the country has a moment-in-time opportunity to develop a sovereign sustainable aviation fuel industry, with domestic demand for jet fuel expected to increase by 75% by 2050. The Sustainable Aviation Fuel Roadmap builds consensus on developing an Australian sustainable […]

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Southwest Airlines wins award for its focus on SAF

Southwest Airlines wins award for its focus on SAF

August 16, 2023 |

In Texas, Southwest Airlines said it has been named a 2023 Sustainability, Environmental Achievement, and Leadership (SEAL) Business Awards winner in the Environmental Initiative category for its investment in SAFFiRE Renewables, LLC (SAFFiRE1), a pilot project supporting the development and production of SAF. “For Southwest, SAF is the most critical lever we have to achieve […]

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Google to join Amex GBT and Shell Aviation SAF program

Google to join Amex GBT and Shell Aviation SAF program

August 16, 2023 |

In New York, American Express Global Business Travel (Amex GBT) and Shell Aviation announced that Google has joined its sustainable aviation fuel program. Michael Terrell, Senior Director of Climate and Energy at Google, said: “The use of SAF will play a critical role in helping the aviation sector on its path to decarbonize. Joining Amex […]

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IAG signs agreement with Microsoft for the large-scale global purchase of SAF

IAG signs agreement with Microsoft for the large-scale global purchase of SAF

August 16, 2023 |

In the UK, International Airlines Group (IAG) and Microsoft have signed a co-funded purchase agreement for SAF emissions reductions globally, where both parties are funding part of the cost of the supply. Microsoft will co-fund 14,700 tons of IAG’s SAF purchasing in 2023, enough to fully fuel approximately 300 British Airways Boeing 787 flights between […]

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Global SAF market to expand at a CAGR of 52.9% during 2022-2032, report finds

Global SAF market to expand at a CAGR of 52.9% during 2022-2032, report finds

August 9, 2023 |

In New York, research firm MRFR/Market Research Future (MRFR) reported that the global SAF market is forecast to expand at a CAGR of 52.90% during the 2022-2032 period. According to the report, the global SAF market is forecast to reach a market value of $18.26 billion by the end of 2032, up from nearly $400 […]

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Over 100,000 Vueling passengers already contributed to SAF expansion

Over 100,000 Vueling passengers already contributed to SAF expansion

August 9, 2023 |

In Spain, Compromiso RSE reported that Spanish low-cost airline Vueling said that more than 100,000 consumers have chosen to contribute to the supply of SAF on the day of their flight, helping to reduce CO2 emissions. This is possible thanks to the partnership with Avikor, a service offered by Exolum, according to the report. Avikor […]

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Boeing says Brazil could become top player in the SAF market

Boeing says Brazil could become top player in the SAF market

August 9, 2023 |

In Brazil, Reuters reported that Brazil has the potential to become one of the major global players in sustainable aviation fuel, according to a Boeing executive. “Brazil has the technical capacity, qualified workforce and raw material to post the concrete results and impacts needed for us to solve together this global challenge of how to […]

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Israeli flag carrier EL AL announces first flight using 30% SAF

Israeli flag carrier EL AL announces first flight using 30% SAF

August 9, 2023 |

In the UK, Airport Technology reported that Israeli airline EL AL confirmed the delivery of its latest Boeing 787 Dreamliner on August 7, using 30% sustainable aviation fuel. According to the report, the flight from Seattle’s King County International Airport-Boeing Field to Tel Aviv was the first EL AL flight to use SAF. EL AL […]

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Axens to provide Vegan Technology to Haike Chemicals for its SAF project in China

Axens to provide Vegan Technology to Haike Chemicals for its SAF project in China

August 9, 2023 |

In France, Axens said that Shandong Haike Chemical Co., a Chinese refining and petrochemical company, has selected Axens’ Vegan technology to produce sustainable aviation fuel (SAF) by retrofitting its existing assets. Vegan technology is a second-generation hydrotreated vegetable oil (HVO) solution which processes up to 100% of any kind of lipid, including wastes from agriculture […]

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