IAG extends SAF agreement with Microsoft until 2030

In the UK, International Airlines Group (IAG) and Microsoft are strengthening their efforts to reduce lifecycle carbon emissions across the industry by extending their 2023 co-funded purchase agreement for Sustainable Aviation Fuel (SAF) by five years. Under the new terms, Microsoft will co-fund an additional 39,000 metric tons of SAF that will help reduce lifecycle carbon emissions by approximately 113,000 tons. The extension to the agreement enables Microsoft to address Scope 3 lifecycle emissions and is the largest and longest Scope 3 SAF agreement to date, according to publicly available data.