Lufthansa and Shell strike deal to cooperate on SAF
Shell and the Lufthansa Group have signed a memorandum of understanding (MoU) to explore the supply of sustainable aviation fuel (SAF) at airports around the world.
The companies intend to…
Shell and the Lufthansa Group have signed a memorandum of understanding (MoU) to explore the supply of sustainable aviation fuel (SAF) at airports around the world.
The companies intend to agree on a contract for a total supply volume of up to 1.8 million metric tons of SAF starting in 2024, over a term of seven years.
Such an agreement would be one of the most significant commercial SAF cooperation in the aviation sector, as well as the largest SAF commitment of both companies to date.
CO2-neutral future
The cooperation would enable the Lufthansa Group to promote the availability, market ramp-up and use of SAF as an essential element for a CO2-neutral future of aviation.
Lufthansa Group is already the largest SAF customer in Europe and aims to remain one of the world’s leading airline groups in the use of sustainable kerosene. The MoU builds on Shell’s ambition to have at least 10 per cent of its global aviation fuel sales as SAF by 2030.
Subscribe to the FINN weekly newsletter
