IAG indicators Velocys sustainable gas deal | Information

IAG signs with American Express Global Business Travel to accelerate NDC adoption | News

IAG has signed an settlement with Velocys, a sustainable fuels expertise firm, to amass 220,000 tonnes of sustainable aviation gas (SAF) over ten years.

This equates to 1 third of the deliberate output of the brand new Bayou Fuels mission in america.

It’s scheduled to start supply in 2026.

The SAF shall be utilized by IAG airways together with British Airways, Aer Lingus and Iberia.

The expertise used on this mission will seize CO2 from the manufacturing course of to completely take away it from the ambiance.

IAG was the primary European airline group to decide to powering ten per cent of its flights with sustainable aviation gas by 2030.

The group will buy a million tonnes of sustainable jet gas per 12 months enabling it to chop its annual emissions by two million tonnes by 2030.

This equates to eradicating a million vehicles from Europe’s roads every year.

Luis Gallego, IAG chief govt, mentioned: “IAG is investing US$400 million within the growth of sustainable aviation gas within the subsequent 20 years.

“This new settlement is one other essential step in direction of reaching our objective of ten per cent sustainable aviation gas use by 2030.”

He added: “Sustainable aviation gas is a vital component for the decarbonisation of the aviation trade.

“Clear coverage help is required to draw funding to assemble the mandatory crops to ship sufficient provide for the airline trade.

“This mission has benefitted from robust coverage help from the US, creating extremely valued inexperienced jobs and financial progress.

“We might encourage the UK and the EU to observe go well with in supporting the event and deployment of inexperienced applied sciences together with carbon seize.”



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