Airbus has signed a landmark agreement with the Qantas Group to invest up to $200 million to accelerate the establishment of a sustainable aviation fuel (SAF) industry in Australia.
Due to the lack of a local commercial-scale SAF industry, Australia is exporting millions of tons of feedstock every year, such as canola and animal tallow to be made into SAF in other countries. Sustainable fuels cut greenhouse gas emissions by about 80 percent compared to traditional kerosene and are the most significant tools airlines now have to reduce their impact on the environment.
The Qantas Group, which has committed to using 10 percent SAF in its overall fuel mix by 2030, is sourcing SAF overseas, including 15 percent of its fuel use out of London now and 20 million liters each year for flights from Los Angeles and San Francisco to Australia from 2025.
Through their new Australian Sustainable Aviation Fuel Partnership, Qantas and Airbus will provide funding for locally deve
