Qantas teams with 5 large Oz companies to demonstrate SAF demand
The national carrier today launched the Sustainable Aviation Fuel Coalition (SAF Coalition) program, with Australia Post, Boston Consulting Group, KPMG Australia, Macquarie Group and Woodside Energy signing on as foundation members.
Members will pay a premium to reduce around 900 tonnes of their air carbon emissions each year by contributing to the incremental cost of SAF rather than using traditional carbon offsets. By doing so, they send a clear message that there is significant demand for SAF, the key driver towards decarbonisation of the aviation industry.
The Coalition will initially contribute to the incremental cost of up to 10 million litres of SAF sourced by Qantas at London’s Heathrow Airport, which represents around 15 per cent of the fuel Qantas ordinarily consumes on flights out of London, and from 2025 to a further 20 million litres each year sourced out of Los Angeles and San Francisco.
Qantas is currently in negotiations with a number of offshore suppliers to source additional supplies of SAF, which is in high demand globally and which the national carrier would prefer to source domestically.
Category: Fuels