(CercleFinance.com) – Airbus and Quantas announce that they have invested nearly $200 million to accelerate the establishment of a sustainable aviation fuel (SAF) industry in Australia, as part of an agreement ‘ historical’.
Australia currently exports millions of tonnes of raw materials each year for processing into SAF in other countries, due to a lack of local SAF industry.
As part of the deal, Qantas Group, which has pledged to use 10% SAF in its global fuel mix by 2030.
Airbus and Qantas have agreed to work together on the sustainability initiative as part of the airline’s recently announced orders, including the A350-1000, A220 and A321XLR, as well as low-energy aircraft. broadcasts for Jetstar subsidiaries.
The new fleet will offer a significant reduction in fuel consumption and carbon emissions of up to 25% from day one and is already certified for operation using 50% SAF, Airbus assures.
The partnership is initially for five years with options to extend the duration.