In the UK, IATA reported that Juan Carlos Salazar, Secretary General of the International Civil Aviation Organization (ICAO), said that the entity prefer not to promote any particular incentives or policies to scale SAF production but rather respect the different approaches that governments are taking and enable practical learning. “Time will demonstrate which ones are […]
In Israel, Israel21C reported that a new method for producing sustainable aviation fuel will be advanced through the establishment of CarboNGV, a joint venture between the Ralco Group and the Blechner Center for Industrial Catalysis and Process Development represented by BGN Technologies, the tech-transfer company of Ben-Gurion University. According to the report, the Ralco Group’s […]
In Singapore, Reuters reported that Singapore plans to require all flights departing the country to use sustainable aviation fuel from 2026. Under the plan, announced by Singapore Transport Minister Chee Hong, the country aims for a 1% SAF target from 2026 and plans to raise it to 3-5% by 2030, subject to global developments and […]
In Finland, SAF producer Neste has published a renewed Green Finance Framework to align future financing activities with market best practices and standards. Neste published its first Green Finance Framework in 2021 and since then has issued four green bonds totaling $2.26 billion and entered into one green term loan of $538 million. The proceeds […]
In Brazil, Embraer announced that the company will join the United Airlines Ventures (UAV) Sustainable Flight Fund, an investment vehicle focused on scaling up the supply and availability of SAF through investing in innovative startups. “Embraer is proud to join United Airlines Ventures Sustainable Flight Fund, which is aligned with our commitment to develop and […]
In the United Arab Emirates, The National reported that Gulf countries must quickly begin to produce their own sustainable aviation fuel to gain a share of western-dominated market while supporting a push for greener flights by their national airlines, a United Arab Emirates (UAE) official has said. “If Emirates airline alone purchased all the SAF […]
In Mexico, News in America reported that Mexican airline Volaris joined the initiative promoted by Airbus, in which several actors in the aeronautical industry in Mexico participate, to accelerate the development of SAF. The airline noted that the invitation is open to academic and research institutions to present proposals that help accelerate the production and […]
In Connecticut, Aircastle Limited announced that it has made an investment commitment to the United Airlines Ventures’ Sustainable Flight Fund. Aircastle now joins 21 other corporate partners who represent various parts of the aviation supply chain that have committed over $200 million in capital to invest in a roster of companies developing cutting edge technologies […]
In Singapore, The Straits Times reported that an Airbus’ A350-1000 aircraft will be using sustainable aviation fuel as part of its flying displays at Singapore Airshow 2024, which runs from February 20 to February 22. The fuel, which is supplied by Shell Aviation, is a 35% blend, using a mix of used cooking oil and […]
In California, research firm PMI reported that the global sustainable aviation fuel market size is expected to reach a value of $3 billion by 2034, up from an expected value of $1.1 billion this year. According to the research firm, the global SAF market is forecast to expand at a CAGR of 11.60% during the […]
