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Boeing to purchase 9.4 million gallons of blended sustainable aviation fuel in 2024

Boeing is purchasing 9.4 million gallons of blended sustainable aviation fuel (SAF) in 2024. The company aims to reduce its carbon emissions and increase commercial operations. This is Boeing's largest SAF purchase, over 60% higher than in 2023. Thirty percent of SAF is comprised of waste by-products such as fats and greases. The remaining 70% is conventional jet fuel. The purchase will support the Boeing ecoDemonstrator program and Boeing U.S. commercial operational flights. Unblended SAF can reduce carbon emissions by up to 85% during the fuel's life cycle and has the potential to reduce commercial aviation's future climate impact. "As our focus remains on safety and quality, sustainability continues to be a priority," said Ryan Faucett, vice president of environmental sustainability at Boeing. "Sustainable aviation fuel is essential to decarbonize aviation. About 20% of our fuel usage is an SAF blend, and we continue to increase our use of this fuel to encourage growth in the SAF industry. We are also working to make SAF more available and affordable to our commercial airline customers through collaboration, investment, research and policy development." Boeing will receive 4 million gallons of SAF at its duel farms in the Pacific Northwest. EPIC Fuels will supply 2.5 million gallons from Neste, and Avfuel will provide 1.5 million gallons from Neste. Additionally, Boeing will purchase the CO2 emissions reduction associated with 5.4 million gallons of SAF through a process called book-and-claim. Using book-and-claim, Boeing will purchase SAF certificates to displace regular jet fuel. Distributors will deliver the fuel to nearby airports to be used by airlines and other carriers. EPIC Fuels will provide 3.5 million gallons of blended SAF manufactured by Neste, while World Fuel Services will supply 1.9 million gallons from World Energy.
Created 254 days ago
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