Avfuel and Neste ink extension of SAF supply agreement

Avfuel Corporation and Neste have finalised a partnership extension that keeps the companies at the forefront of sustainable aviation fuel (SAF) supply for business aviation.
The agreement extends the companies' partnership in 2024 and sets the framework until December 2027.
Since the inception of the partnership in 2021, Avfuel's uptake of SAF has experienced exponential growth, tripling each year.
In line with this trend, Avfuel will triple its offtake from Neste again in 2024 and expects this trajectory to persist in the years to come.
The new agreement with Neste will accommodate this rapid growth, ensuring a stable, sustainable supply chain for Avfuel and its fuel-consuming customers.
Keith Sawyer, Avfuel's manager of alternative fuels, said: "This agreement underscores our mutual commitment to reducing emissions and advancing the adoption of eco-friendly solutions in aviation."
“We are proud to extend our partnership with Avfuel and enable its customers to reduce the emissions from their air travel by using Neste MY Sustainable Aviation Fuel,” said Alexander Kueper, vice president, renewable aviation at Neste.”