Qantas forms SAF coalition to drive cleaner aviation
The Australian airline’s Sustainable Aviation Fuel Coalition includes Australia Post, Boston Consulting Group, KPMG Australia, Macquarie Group and Woodside Energy.
Coalition members will pay a “premium” to reduce about 900 tonnes of their carbon emissions from flights by contributing to the cost of SAF.
The coalition will initially contribute to the incremental cost of up to 10 million litres of SAF sourced by Qantas at London Heathrow airport, which represents around 15% of the fuel consumed by the airline’s flights from London.
Qantas also plans to source a further 20 million litres of SAF each year from the Californian hubs of Los Angeles and San Francisco starting from 2025, according to the Sydney Morning Herald.
Qantas Group CEO Alan Joyce said: “The demand for SAF has never been higher but supply is lagging well behind, particularly without a local industry in Australia, and that’s keeping prices several times more expensive than traditional jet kerosene.
“The more leading corporates that join our programme and coalition the more feasible a local industry becomes and the more cost effective the fuel becomes.”