30 Mar

delta sustainable aviation fuel

Which US Airlines Are Using Sustainable Aviation Fuel? - Simple Flying Deltawill investin the acceleration ofthree promising advancementscriticaltoa cleaner future of commercial aviation. Now celebrating 175 years of service, Deloittes network of member firms spans more than 150 countries and territories. Sept 30 (Reuters) - U.S. carrier Delta Air Lines Inc (DAL.N) will buy sustainable aviation fuel (SAF) from Aemetis Inc (AMTX.O) in a 10-year deal worth over $1 billion, including tax. SAF is existing technology that is crucial for the industry to achieve its net-zero goals said Pam Fletcher, Deltas Chief Sustainability Officer. SAF is among the most impactful solutions on the market today for reducing aviations carbon emissions, but availability remains limited the current existing supply would only operate a fleet Deltas size for a single day. Subscribeandfollow. Delta is accelerating its efforts to build a more sustainable and people-first future. Cellulosic biomass feedstock SAF is the key to scaled deployment that moves the needle for the aviation industry in reducing its carbon footprint, said Christopher J. Chaput, President and CFO of DG Fuels. DG Fuels will provide Delta with 385 million gallons of a new low-emissions sustainable aviation fuel, a vital resource needed for aviation to reach its sustainability goals. Achieving a sustainable future for travel will require us all to work together across industries and encourage innovations like DG Fuels new low-emissions SAF option, said Pam Fletcher, Deltas Chief Sustainability Officer. We estimate that SAF could contribute around 65% of the reduction in emissions needed by . Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. Hear from three Delta leaders about why this journey matters, what were doing now and where were headed. Yet these newer, more efficient aircraft are needed to help the industry become more sustainable and meet net-zero emissions pledges. They are the worlds leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. Today, there is only enough SAF available on the market to support one day of Deltas operations at pre-pandemic levels. Delta boss says climate change means flying will cost more Wemustcontinue totake immediate actions today andcant wait for future solutions to become a reality. Read More: https://news.delta.com/delta-invests-tpg-rise-climate-accelerate-innovative-climate-solutions. Jan. 26, 2023. This partnership is the first multi-year SAF commitment for Delta and builds on the growing list of travel management companies and corporate partners that share in Deltas commitment to bolster the future of sustainable air travel. Deloitte has entered into an agreement with Delta for the airline to purchase sustainable aviation fuels on the global consultancy's behalf to cover a portion of its business travel, becoming one of the first corporates to do so. Deltas new brand campaign builds on the commitment first announced in March 2020 to be the first carbon-neutral airline globally. To achieve the Sustainable Aviation Fuel (SAF) Grand Challenge 2030 and 2050 goals, the U.S. Department of Transportation, the U.S. Department of Agriculture, and other federal government agencies have partnered with the Department of Energy to develop a comprehensive strategy for scaling up new technologies to produce SAF on a commercial scale. The coalition is spearheaded by the U.S. State Department and the World Economic Forum and reflects Deltas leadership as the worlds first carbon neutral airline. "Sustainable aviation fuels represent the most meaningful solution currently available to reduce climate impact for the "hard-to-decarbonize" aviation industry" - Sara Bogdan, Head of Sustainability and ESG for JetBlue. HOME | Northwest Advanced B Through this and other partnerships, Delta advocates for policy support and market incentives that will catalyze the burgeoning SAF industry, such as a feedstock and tech-neutral SAF-specific Blenders Tax Credit coupled with a robust SAF grant program. Many airlines and fuel companies are investing in SAFs. Its a decades-long process requiring collaboration across our business and with other industries. Using SAF results in a reduction in carbon emissions compared to the traditional jet fuel it replaces over the lifecycle of the fuel. Statements made in this release that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections, goals, aspirations, commitments or strategies for the future, should be considered forward-looking statements under the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Port of Seattle Announces Partnership for Sustainable Aviation Fuels at Delta Air Lines and BCD Travel USA LLC have signed the first-ever sustainable aviation fuel (SAF) agreement for a travel management company. Subscribeandfollow. Sustainable aviation fuel is produced from bio feedstocks that can reduce greenhouse gas lifecycle emissions significantly compared to conventional jet fuel. "Actions speak louder than words, and we are delighted to . Sustainable aviation fuels provide significant environmental benefits because the lifecycle carbon footprint can be up to 75 percent less than conventional jet fuel. The . Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the worlds most admired brands, including nearly 90 percent of the Fortune 500 and more than 7,000 private companies. Scaling Up Sustainable Aviation Fuel The U.S. aviation industry has taken a leadership role in the development and deployment of sustainable aviation fuels (SAF). Pleaseseewww.deloitte.com/us/aboutfor a detailed description ofDeloitteslegal structure. Under a new agreement, the low-emissions fuel company plans to establish a new SAF supply stream that could provide Delta with 385 million gallons of unblended sustainable aviation fuel, while helping to expand availability of SAF in the underserved marketplace. Read More: https://news.delta.com/delta-details-climate-change-fight-global-citizen. Read More: https://news.delta.com/new-campaign-shines-light-deltas-carbon-neutrality. Technical analysis done at ICAO shows that SAF has the greatest potential to reduce CO 2 emissions from International Aviation.. ICAO is working to facilitate SAF development and deployment through four main streams: From being the first and only U.S. airline to voluntarily cap greenhouse gas emissions at 2012 levelstolast years commitment tobethe first carbon-neutral airline globally, Delta has a longstanding commitment to sustainable air travel. From federal policy that puts it financially on par with road-based fuels to broad corporate interest, all stakeholders need to drive forward access to SAF in order to expand the market and meet the needs of the industry.. Caution should be taken not to place undue reliance on our forward-looking statements, which represent our views only as of the date of this release, and which we undertake no obligation to update except to the extent required by law. Read More: https://news.delta.com/delta-invests-net-zero-aviation-through-aviation-climate-taskforce. "This first-of-its-kind investment for Southwest furthers our efforts to support the commercialization of affordable, lower-carbon SAFon a life-cycle basis compared to conventional jet fuelwhich can help the aviation industry reach its ultimate goal of carbon neutrality by 2050." Delta and Airbus will collaborate on industry-leading research to accelerate the development of a hydrogen-powered aircraft and the ecosystem it requires. This program will help cargo customers reduce their environmental footprint and create a more sustainable future. What is Sustainable Aviation Fuel? - Honeywell Delta spotlights ambitious carbon neutrality plan on path to zero Your guide to SAF, the low-carbon alternative to conventional jet fuel that's helping to transform the airline industry. Delta also plans to replace 10 percent of its fossil fuel-based jet fuel with sustainable aviation fuel by 2030that will require purchasing 70 million gallons of sustainable aviation fuel per year. It's produced from sustainable feedstocks and is very similar in its chemistry to traditional fossil jet fuel. Delta will welcome a Chief Sustainability Officer in 2022, continuing its commitment to build a sustainable future for air travel. Captured carbon can also be used to create fuels. By using SAF, the agreement represents a lifecycle emissions reduction of approximately 1,000 metric tons of carbon dioxide, equivalent to carbon sequestered by 1,306 acres of U.S. forests or 756 football fields in one year. In the year since Delta announced its $1 billion commitment to carbon neutrality from March 2020 onward, the company remains focused on carbon reduction and removal and stakeholder engagement in an effort to ensure its operations are more sustainable. From being the first and only U.S. airline to voluntarily cap greenhouse gas emissions at 2012 levels to last years commitment to be the first carbon-neutral airline globally, Delta has a longstanding commitment to sustainable air travel. DTTL (also referred to as Deloitte Global) does not provide services to clients. DELTA NEWS ON THE GO. Read More: https://news.delta.com/delta-signs-first-multi-year-saf-agreement-ctm-reaches-collective-purchase-300000-gallons-corporate. Aemetis, Inc. | Aemetis Signs Offtake Agreement with Delta Air Lines for 250 Million Gallons of Sustainable Aviation Fuel Aemetis, Inc. is an industrial biotechnology company producing renewable chemicals and fuels using patented microbes and processes. Sustainable Aviation Fuel | Aviation Pros Delta said it has supplier agreements for about 81 million gallons of sustainable aviation fuel by the middle of the decade, subject to adequate investment and facility development. For more information, visit www.bcdtravel.com. Delta continued building momentum in 2022 on its journey to connect people to a more sustainable future of flying. Deltas thoughtful approach to understanding the research ecosystem will help support research and development for the industry, saidSteven Barrett,Head of MITs Laboratory for Aviation and the Environment. SeeDeltas sustainabilityglossaryfordefinitions ofsustainabilitytermsand details about Scope 1, 2 and 3 emissions. *Non-CO2e effects which may also contribute to aviation induced warming are not included in this target. Deltas journey toward its sustainability goals will require collaboration and partnerships. 1 airline named among America's Most Sustainable Companies by Barron's in 2020. EGEB: US airlines boost their 2030 target for sustainable aviation fuel Deloitte and Delta in sustainable aviation fuels deal Sustainable Aviation Fuels | Department of Energy Delta, American and others around the world have turned to sustainable aviation fuel, or SAF, to get to zero . Read More: https://news.delta.com/delta-welcome-chief-sustainability-officer. Read More: https://news.delta.com/delta-commits-set-science-based-target-align-paris-agreement. To ensure all stakeholders see the results of their engagement, the company is making transparency the cornerstone of its approachwhich it intends todemonstratethroughbest-in-class reporting, collaboration across industries and fund management. Sustainable aviation fuel is produced from biofeedstocks that can reduce lifecycle carbon intensity significantly when compared to conventional jet fuel. This is not acompetition, said Bastian. These projectsprevent deforestation toensure that some of the worlds largest forests remainintactand continue to absorb and store carbon dioxide. Pamela Fletcher will join Delta as Senior Vice President and Chief Sustainability Officer and will join the Delta Leadership Committee as the airline industrys only C-Suite level CSO, CEO Ed Bastian said in a letter to employees. Deltas journey toward its sustainability goals will require collaboration and partnerships. Chevron to sell test batch of sustainable aviation fuel to Delta Air January 30, 2020 | Jim Lane. The goal is to power every flight fueled at SEA with at least a 10% blend of sustainable aviation fuel (SAF) by 2028. Other technologies being developed involve turning food. Delta places huge order for sustainable aviation fuel made with 839MW DELTA NEWS ON THE GO.