2024 July II SAF Tracker highlights

In July 2024, SAF efforts saw setbacks alongside ongoing investments, technology advancements, and growing infrastructure/supply deals in the aviation sector.

• Air New Zealand announced it is abandoning its 2030 emissions reduction target due to delays in the delivery of fuel-efficient aircraft and high SAF prices.
• Airbus has announced an investment in LanzaJet to support the development of ethanol-to-SAF technology and enhance LanzaJet’s ability to scale its proprietary technology.
• HIF Global has signed a Memorandum of Understanding (MoU) with Airbus to advance the global development of e-SAF through the methanol-to-jet (MtJ) pathway.
• Boeing and Clear Sky announced a partnership to test and advance Firefly Green Fuels’ proprietary hydrothermal liquefaction technology to boost SAF production in the U.K.
• United Airlines has become the first airline to purchase SAF at Chicago’s O’Hare International Airport (ORD).
• Airbus, Air France-KLM Group, Associated Energy Group, BNP Paribas, Burnham Sterling, Mitsubishi, and Qantas Airways coinvested in a $200 million SAF Financing Alliance (SAFFA) fund to accelerate SAF production, with Airbus serving as the anchor investor.
• Neste has commissioned terminal capacity at ONEOK’s facility in Houston, Texas, for blending and storing SAF.
• JetBlue Airways has announced a partnership with World Fuel Services to procure SAF from Valero Energy for the John F. Kennedy International Airport in New York.
• The International Airlines Group (IAG) announced the purchase of ~9.2 million gallons of SAF from Repsol over the next six months.
• JBS, a Brazilian meatpacker, announced it has begun supplying animal waste from its operations for SAF production.