Neste Corporation, Press Release, 25 October 2022 at 4.30 p.m. (EET)
ESPOO, Finland, Oct. 25, 2022 /PRNewswire/ —
- Neste to supply the Air France-KLM Group with more than 1,000,000 tons (roughly 1.26 billion liters) of Neste MY Sustainable Aviation Fuel™ over a interval of 8 years beginning in 2023.
- This SAF settlement is one of the largest of its type in the aviation business and helps the Air France-KLM Group’s dedication to a more sustainable aviation sector.
- Using Neste MY Sustainable Aviation Fuel™ reduces greenhouse gasoline emissions by up to 80%* over the gasoline’s life cycle in contrast to utilizing fossil jet gasoline.
The Air France-KLM Group (AF-KLM) and Neste have introduced the enlargement of their current cooperation with a brand new strategic partnership for the supply of Neste MY Sustainable Aviation Fuel™ to the Group. This new SAF settlement for a interval of 8 years is one of the largest of its type in the aviation business to date.
Fully dedicated to decreasing its environmental impression, the Air France-KLM Group goals to cut back its CO2 emissions per passenger/km by 30% by 2030 in contrast to 2019 – a goal which has been submitted to the Science Based Targets initiative (SBTi). Its decarbonisation trajectory contains the incorporation of 10% SAF by 2030, alongside fleet renewal and eco-piloting. The contract with Neste, half of a primary set of long-term supply agreements, constitutes an extra step for the Group to obtain its 10% SAF incorporation targets.
(*1*) says Matti Lehmus, President and CEO of Neste.
“This landmark partnership with Neste is an important and concrete step towards the decarbonisation of our operations. This contract embodies our long-term commitment to the development of SAF’s production capabilities around the world, to the benefit of the industry as a whole,” mentioned Fatima Gloria de Soussa, Director Sustainability, Air France-KLM Group.
The settlement builds on SAF supply to the Air France-KLM Group which began in 2019 however the two firms have been working collectively for a number of years with KLM being one of the first airways utilizing Neste MY Sustainable Aviation Fuel.
“As the world’s leading producer of SAF, we are helping the aviation industry to work towards a more sustainable future, already today. This long-term collaboration with Air France-KLM shows how we are working together in a number of areas. By the end of next year, Neste will have an annual SAF production capacity of 1.5 million tons, ready to support the Air France-KLM Group and other airlines in Europe and across the globe,” says Thorsten Lange, Executive Vice President, Renewable Aviation at Neste.
Neste MY Sustainable Aviation Fuel is an out there resolution at this time. As a drop-in gasoline it may be used with current plane engines and airport gasoline infrastructure, requiring no new funding. Neste MY SAF is produced from 100% sustainably-sourced, renewable waste and residue uncooked supplies, equivalent to used cooking oil and animal fats waste.
*) When utilized in neat type and calculated with established life cycle evaluation (LCA) methodologies, equivalent to CORSIA methodology
Neste Corporation
Susanna Sieppi
Vice President, Communications
Further info:
Neste: Please contact Neste’s media service, tel. +358 800 94025 / [email protected] (weekdays from 8.30 a.m. to 4.00 p.m. EET).
Air France-KLM: Air France-KLM Press Office, +33 1 41 56 56 00 – [email protected] – @AirFranceKLM – https://airfranceklm.com/
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