Delta Air Lines (US) has entered into a groundbreaking partnership with Airbus UpNext, the innovation-focused subsidiary of Airbus, to explore and develop next-generation aviation technologies. This collaboration aims to revolutionize the future of flying by focusing on advancements that improve sustainability, efficiency, and passenger experience.
LATAM Airlines Group, based in Chile, has signed its first-ever Sustainability-Linked Loan (SLL), securing financing of $300 million. The agreement was signed with Crédit Agricole CIB and BNP Paribas, both headquartered in France. This milestone marks a significant step in LATAM’s commitment to achieving its environmental, social, and governance (ESG) objectives.
Tony Fernandes, co-founder of AirAsia (Malaysia), has expressed skepticism about the practicality of sustainable aviation fuel (SAF), calling it an idea that “makes absolutely no sense.” Instead, Fernandes advocates for the aviation industry to focus on adopting new-technology aircraft and engines to achieve sustainability goals.
Jackson Square Aviation, a U.S.-based aircraft leasing company, has announced a partnership with Ireland’s Future Energy Global to accelerate investment in sustainable aviation fuel (SAF) production. This collaboration aims to generate the capital needed to scale SAF production, supporting the aviation industry’s shift toward more sustainable energy sources and reducing its carbon footprint. As the…
Gevo, a leading sustainable aviation fuel (SAF) producer in the United States, has secured a conditional loan guarantee of $1.46 billion from the US Department of Energy (DOE) Loan Programs Office. This funding commitment is aimed at supporting Gevo’s Net-Zero 1 SAF project in South Dakota, a key initiative in the company’s efforts to produce…
