In Switzerland, the International Air Transport Association (IATA) announced the release of the SAF Matchmaker platform, to facilitate SAF procurement between airlines and SAF producers by matching requests for SAF supply with offers.
When there is a match, airlines and suppliers can connect and take their negotiation offline to agree on specific terms including price and payment terms, IATA said
“To reach net zero carbon emissions by 2050, we need an accessible, transparent, liquid, and efficient SAF market. The SAF Matchmaker is another example of the work that IATA is putting in place to create a fully functioning market for SAF. The SAF Matchmaker platform will accelerate the uptake of SAF by reducing the costs and complexity that airlines face when searching for SAF suppliers,” said Marie Owens Thomsen, IATA’s Senior Vice President Sustainability and Chief Economist.
In due course, other SAF buyers such as non-aviation corporations will also be able to participate, the entity added.
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