October 9, 2019
BY Rock House Advisors and Playmaker Strategies
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Jet2.com on April 16 announced that it will use a blend of sustainable aviation fuel (SAF) at London Stansted Airport in 2024, meaning the leading leisure airline will use SAF on departing flights from two U.K. airports in 2024.
Meridian Energy Group Inc., the developer of a proposed greenfield oil refinery in Belfield, North Dakota, on April 16 announced that the facility will have the ability to co-process up to 4,000 barrels per day vegetable oil.
Sustainable Aviation Buyers Alliance has announced the largest ever collection of deals to purchase high-integrity SAF certificates (SAFc), with SABA members committed to channel close to $200 million into purchasing SAFc over five years.
A joint statement issued by President Joe Biden and Japanese Prime Minster KISHIDA Fumio on April 10 outlines the intentions of the two countries to cooperate on expanding the availability SAF including SAF made from ethanol.
Boeing is buying 9.4 million gallons of blended SAF to support its 2024 U.S. commercial operations, reducing its carbon emissions and working to help grow the supply of the fuel globally. This is the company's largest annual SAF purchase.