April 23, 2024

IAG makes its largest SAF purchase to date

International Airlines Group has made its largest Sustainable Aviation Fuel purchase agreement to date for its five European airlines, British Airways, Iberia, Aer Lingus, Vueling and LEVEL.

Under the terms of a 14-year contract, US producer Twelve will supply IAG with 785,000 tonnes of e-SAFIt, advanced e-SAF made from CO2, water and renewable energy.

The “next generation” fuel will reduce lifecycle greenhouse gas emissions by up to 90% compared with conventional jet fuel.

Twelve, based in Berkeley, California, has developed and patented a proprietary process that can produce high-quality synthetic fuels from renewable electricity and CO2.

The company is building a demonstration plant in Moses Lake, Washington, which will supply the first SAF deliveries to IAG starting as early as 2025.

The two companies first began partnering in 2020, when Twelve joined
IAG’s Hangar 51 start-up accelerator programme to commercialise Twelve’s technology.

IAG has now secured one-third of the SAF needed to reach its target of flying with 10% SAF by 2030.

Luis Gallego, IAG’s CEO said: “The shortage of sustainable fuel globally continues to be a problem for our industry although innovative companies like Twelve are an important part of the solution.

“This new deal will contribute towards our 2030 SAF target. We would like to see similar projects scale in Europe, and we look forward to working with governments across our key markets to build a SAF industry to deliver jobs, economic growth and a stable supply of SAF.”

As part of its sustainability roadmap, IAG is also investing in new aircraft and implementing fuel efficiency initiatives, purchasing and investing in SAF, and advancing carbon removals to mitigate a residual emissions from its operations.

iairgroup.com

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