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 […]
In Vietnam, Aviation Source News reported that Vietjet and Novus Aviation Capital, a global aircraft leasing and financing platform based in the United Arab Emirates (UAE), have signed a partnership. This strategic collaboration aims to establish an innovative aircraft financing and leasing vehicle. Moreover, the partnership delves into the supply of SAF in Vietnam in […]
In Australia, Financial Review reported that Qantas has called on the federal government to consider mandates and subsidies for producers of sustainable aviation fuel to get a domestic industry off the ground. Andrew Parker, chief sustainability officer at Qantas, said zero emissions technology for commercial aviation, such as electric aircraft or green hydrogen, was still […]
In Ohio, GE Aerospace announced the completion of testing on its 10th engine model using 100% SAF since 2016. For example, in 2018, GE90 engines powered the first commercial airliner flight with 100% SAF in both engines on the Boeing ecoDemonstrator, a 777 freighter in partnership with FedEx Express. Then in 2021, LEAP-1B engines powered […]
