IAG and Twelve secure SAF deal

International Airlines Group (IAG) announced its largest sustainable aviation fuel (SAF) purchase agreement to date, with e-SAF (power-to-liquid) producer Twelve, which will supply advanced e-SAF made from made from carbon dioxide, water and renewable energy.
Under the terms of the 14-year contract, Twelve will supply IAG with 785,000 tonnes of e-SAF to support its five European airlines (British Airways, Iberia, Aer Lingus, Vueling and LEVEL).
The next-generation fuel will reduce lifecycle greenhouse gas emissions by up to 90% versus conventional jet fuel.
IAG is the first European airline group to announce an e-SAF deal, and the agreement will enable IAG to continue increasing its SAF use, which was approximately 12% of the world’s supply in 2023.
Twelve, based in Berkeley, California, is a pioneer and a world leader in carbon transformation and power-to-liquid technology.
The new Twelve partnership is a major step forward for IAG on its journey towards 2030, when it has committed as a Group to fly with 10% SAF—the first European airline group to set this target. IAG has now secured one-third of the SAF needed to reach its 2030 target.
Luis Gallego, IAG’s CEO said: “We have a roadmap to achieve net-zero by 2050 including a target to fly with 10% SAF by 2030.
“The shortage of sustainable fuel globally continues to be a problem for our industry although innovative companies like Twelve are an important part of the solution.
“This new deal will contribute towards our 2030 SAF target. We would like to see similar projects scale in Europe, and we look forward to working with governments across our key markets to build a SAF industry to deliver jobs, economic growth and a stable supply of SAF.”
Nicholas Flanders, Twelve’s Co-Founder and CEO said: "We are proud to partner with IAG on this historic deal to advance sustainable aviation with our e-SAF that has up to 90% lower emissions than conventional jet fuel.”