Boeing buys 2 million gallons of SAF

Investment Analysis Clubs Macro Economic Trends and Risks
1

Boeing signed a supply agreement with EPIC Fuels for 2 million gallons of sustainable aviation fuel (SAF), the largest purchase of SAF from an airframer to date. The fuel blend—30% SAF, 70% conventional jet fuel—will be used for production, test, and delivery flights, including fueling Boeing’s Dreamlifter cargo plane, and the fuel will come from inedible agricultural waste. This purchase by Boeing indicates the company’s continuing efforts to achieve decarbonization.

In 2022, the SAF will fuel operations in Boeing’s facilities in Washington state (Everett, Renton, and Seattle) and in North Charleston, South Carolina. Sean Newsum, Boeing’s director of Environmental Sustainability Strategy, told Avionics International, “We’ve been using SAF at Boeing for several years as part of our ecoDemonstrator program. Part of the intent of this agreement is to follow up on what we’ve been telling others—that we should use more SAF. This expands the SAF that we’ve been using and makes it part of our normal business operations.”

https://www.aviationtoday.com/2022/02/10/boeing-purchases-2-…

Jaak :blush:

3 Likes
2

German airline Lufthansa has tried to make a sustainability push in recent years—the introduction of Green Fares earlier this year is one example, wherein customers can opt for fares in which the carbon offsetting feature is already built in. The company also says it’s among the biggest buyers of sustainable aviation fuel (SAF), which are alternatives to traditional fossil fuels.

But while Lufthansa has tried to do its bit to adopt sustainable practices, the company’s chief says that switching the airline to green fuels like e-kerosene could come at a big price—half of Germany’s electricity supply…

He added that while green fuels made using renewable energy sources would help Lufthansa decarbonize its fuel consumption, the likelihood of having enough electricity to produce such materials was low.

…globally, only about 0.1% of airlines’ fuel comes from SAFs, while that same ratio is about 0.2% for Lufthansa.

DB2