In February 2024, SAF growth was driven by diverse collaborations, financial backing, technological advancements, and supportive regulations worldwide.
- Ampaire announced its first ground test utilizing 100% SAF produced by Dimensional Energy.
- The International Airlines Group (IAG) announced the world’s largest purchase agreement for e-SAF produced by Twelve, with a commitment to supply 260 million gallons of SAF over 14 years.
- Dimerco Express Group has become a part of Cathay Pacific’s Corporate SAF programme, joining launch customers, AIA, Airport Authority Hong Kong (AAHK), Kintetsu World Express (KWE), PwC China, Standard Chartered, and Swire Pacific.
- Rayonier Advanced Materials (RYAM), a leader in cellulose-based technologies, and Verso Energy have entered a Memorandum of Understanding (MoU) to explore e-SAF.
- OMV and Ryanair renewed their offtake agreement for ~165,000 gallons of SAF.
- ASL Group, a private aircraft operator, and Azzera, a sustainability solution provider, announced a collaborative initiative to automatically book and secure SAFc.
- The Alexandria National Refining and Petrochemical Company (ANRPC) and a private firm are planning to invest $380 million to build a SAF plant.
- Airbus and Total Energies announced a strategic alliance where Total will provide SAF for over half of Airbus’ requirements in Europe.
- As part of a $30 million investment commitment, Southwest Airlines and Lanzajet will collaborate to establish a SAF production facility.
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