Global development of Sustainable Aviation Fuel (SAF) advanced in May 2025 through new airline commitments, production milestones, and international investments. Qantas received its largest SAF shipment in Australia, while Bangkok Airways and Alaska Airlines expanded procurement through new regional partnerships. Singapore Airlines signed agreements with Neste and World Energy to secure future SAF supply and certification.
The sector also saw strong progress in production and financing. Montana Renewables completed a major capacity expansion ahead of schedule, while Future Energy Global and United Airlines announced long-term investments in new SAF projects across the U.S. and Canada. Strategic funding from Mitsubishi UFJ Trust and Banking Corporation, BP, and the Sustainable Aviation Buyers Alliance supported new pathways and policy alignment, while regulatory approvals in China highlighted continued global momentum toward expanding SAF trade and supply.
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