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Qantas Group and Airbus sign sustainable aviation fuel partnership
June 20th 2022
Airbus and Qantas have announced a five-year partnership to develop and produce sustainable aviation fuel (SAF) and feedstock initiatives in Australia. Read More » The two companies will invest up to US$200 million in the Australian Sustainable Aviation Fuel Partnership. Airbus CEO, Guillaume Faury, said the global aerospace giant was working worldwide with partners across all sectors to ensure a sustainable future for the aviation industry. “The increased use of sustainable aviation fuels will be a key driver to achieving net zero emissions by 2050,” Faury said. “We cannot do this without viable industrial systems to produce and commercialise these energy sources at affordable rates and near to key hubs around the world.” The signing ceremony took place on the sidelines of the International Air Transport Association (IATA) annual general meeting in Doha. “With this investment, Qantas and Airbus are putting our money where our mouths are, betting on the innovation and ingenuity of Australian industry,” Joyce said.
