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IAGBullishCorporate Developmentsnews
High materiality8/10

British Airways Owner IAG Ups Sustainable Fuel Intake With Infinium

Nov 26, 2024, 3:31 PM EST1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

IAG’s commitment to sustainable fuels strengthens its competitive position in the market.

AI summary

What happened, with direct paths to the underlying reporting

IAG signed a ten-year e-SAF supply deal with Infinium starting in 2026. e-SAF reduces greenhouse gas emissions by approximately 90% compared to jet fuel. IAG aims for 10% of flights using sustainable fuels by 2030. The deal secures over one-third of IAG's SAF needs for its 2030 target. IAG seeks policy support to enhance SAF production capabilities.

  • IAG signed a ten-year e-SAF supply deal with Infinium starting in 2026.
  • e-SAF reduces greenhouse gas emissions by approximately 90% compared to jet fuel.
  • IAG aims for 10% of flights using sustainable fuels by 2030.
  • The deal secures over one-third of IAG's SAF needs for its 2030 target.
  • IAG seeks policy support to enhance SAF production capabilities.

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