June 15, 2024

JetBlue signs SAF agreement

JetBlue has signed an agreement with AIR COMPANY to bolster its transition to sustainable aviation fuel (SAF).

AIR COMPANY has developed and deployed a single-step process for CO2-derived fuel production using renewable electricity to create its AIRMADE SAF product.

JetBlue’s memorandum of understanding with AIR COMPANY follows a direct capital investment into AIR COMPANY’s Series A funding round from JetBlue Ventures, JetBlue’s venture capital subsidiary.

JetBlue plans to purchase 25 million gallons of AIRMADE SAF over five years, starting in 2027. 

AIR COMPANY joins JetBlue’s growing list of SAF partnerships as it advances its goal to convert 10% of its total fuel usage to SAF on a blended basis by 2030.

“SAF is one of the most promising avenues for addressing aviation emissions currently available. With creative thinking backed by science, AIR COMPANY’s work to leverage captured carbon, a resource distinct from other SAF feedstocks, represents the kind of innovation that can expand SAF availability and grow the market necessary to reach our industry goals.” said Sara Bogdan, Director of Sustainability and Environmental Social Governance, JetBlue.

“We’re excited to build upon this partnership established by JetBlue Ventures as we continue our own path to reach net-zero carbon emissions by 2040.”

SAF that is currently available offers approximately 80% reduction in emissions per net gallon on a lifecycle basis, while AIR COMPANY’s carbon-neutral fuel made from captured CO2 offers an additional 14% reduction for AIR COMPANY or total 94% GHG reduction. Importantly, it uses an abundant and freely available resource as a feedstock, negating feedstock constraints. 

This advancement offers an additional path to achieving commercial viability for SAF at-scale, which JetBlue believes will be key to the aviation industry’s net-zero goals.

“Our goal at AIR COMPANY is to create solutions that work with the environment, rather than against it,” explained Gregory Constantine, CEO and Co-Founder of AIR COMPANY. 

“Our CO2-derived SAF has the ability to not only burn neutrally, but importantly leverages an infinite resource as our feedstock. We’ve partnered with JetBlue to supply the airline with 25 million gallons of our AIRMADE SAF, contributing to the complex tapestry of SAF solutions in our fight against anthropogenic climate change.”