Qantas Group, Airbus and the Queensland Government invest in Australian SAF project

In Australia, agricultural by-products including sugarcane will be turned into jet fuel through investment from the Qantas Group, Airbus and the Queensland Government, at a Queensland biofuel production facility being developed by Jet Zero Australia in partnership with leading sustainable aviation fuel technology company LanzaJet.

The Qantas Group and Airbus will jointly invest A$2 million of an initial A$6 million capital raising, with the Queensland Government contributing A$760,000 and other Australian and international institutional funds providing additional funding. The money will be used to conduct a detailed feasibility study and early-stage project development.

The proposed facility will utilise LanzaJet’s world-leading alcohol-to-jet technology to produce up to 100 million litres of SAF per year. Construction is expected to start in 2024.

The Qantas Group and Airbus have committed to investing up to $200 million to accelerate the establishment of a SAF industry in Australia. The facility is the first project funded under the Qantas and Airbus Australian Sustainable Aviation Fuel Partnership.