ARLINGTON, Va., April 16,
2024 /PRNewswire/ -- Boeing [NYSE: BA] is buying
9.4 million gallons (35.6 million liters) of blended sustainable
aviation fuel (SAF) to support its 2024 U.S. commercial operations,
reducing its carbon emissions and working to help grow the supply
of the fuel globally. This is the company's largest annual SAF
purchase, more than 60% higher than its buy in 2023.
The blended fuel – 30% SAF made from waste by-products such as
fats, oils, and greases and 70% conventional jet fuel – will
support the Boeing ecoDemonstrator program and Boeing U.S.
commercial operational flights.
"As our focus remains on safety and quality, sustainability
continues to be a priority," said Ryan
Faucett, vice president of environmental sustainability at
Boeing. "Sustainable aviation fuel is essential to decarbonize
aviation. About 20% of our fuel usage is a SAF blend, and we
continue to increase our use of this fuel to encourage growth in
the SAF industry. We are also working to make SAF more available
and affordable to our commercial airline customers through
collaboration, investment, research and policy development."
Unblended, or "neat" SAF, can reduce carbon emissions up to 85%
over the fuel's life cycle and offers the commercial aviation
industry's greatest potential to reduce its climate impact over the
next 30 years.
Boeing will receive 4 million gallons of the blended SAF into
its fuel farms in the Pacific Northwest. EPIC Fuels, a Signature
Aviation company, will supply 2.5 million gallons from Neste, and
Avfuel will provide 1.5 million gallons of blended SAF from
Neste.
Boeing will also purchase the CO2 emissions reduction
associated with 5.4 million gallons of blended SAF through an
accounting process called book-and-claim. Book-and-claim is when a
company purchases SAF certificates to displace conventional jet
fuel. Instead of putting the fuel into a Boeing fuel farm,
distributors will deliver it to nearby airports for use by airlines
and other carriers.
Through Boeing's book-and-claim purchases, EPIC Fuels will
supply 3.5 million gallons of blended SAF made by Neste, while
World Fuel Services, a World Kinect company, will supply 1.9
million gallons from World Energy.
As a leading global aerospace company, Boeing develops,
manufactures and services commercial airplanes, defense products
and space systems for customers in more than 150 countries. As a
top U.S. exporter, the company leverages the talents of a global
supplier base to advance economic opportunity, sustainability and
community impact. Boeing's diverse team is committed to innovating
for the future, leading with sustainability, and cultivating a
culture based on the company's core values of safety, quality and
integrity. Join our team and find your purpose at
boeing.com/careers.
Contact
Boeing Media Relations
media@boeing.com
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SOURCE Boeing