Southwest Airlines Co. has acquired SAFFiRE Renewables

Southwest Airlines Co. has acquired SAFFiRE Renewables, LLC. This acquisition is a part of the airline’s subsidiary, Southwest Airlines Renewable Ventures, LLC, which focuses on securing scalable sustainable aviation fuel (SAF). “This acquisition marks Southwest’s transition from investor to sole owner of SAFFiRE, expressing our confidence in SAFFiRE’s technology and its potential to advance our…

Airbus and TotalEnergies join forces to decarbonize aviation with sustainable fuels

PARIS, FRANCE: Airbus and TotalEnergies have announced a strategic partnership to develop and supply sustainable aviation fuels (SAF) for the aviation industry. The partnership aims to help achieve net carbon neutrality of aviation by 2050, by reducing CO2 emissions up to 90% compared to fossil fuels, a financial news announcement noted. The partnership will focus…