The world’s largest express cargo airline, FedEx, has teamed up with renewable fuel leader Neste to supply sustainable aviation fuel (SAF) at Los Angeles International Airport (LAX) in a bid to cut emissions.
Slashing CO2 emissions
Announced on May 20, FedEx has marked its first significant SAF deployment in the United States. Along with this, it will also be the largest SAF purchase by a U.S. cargo airline at LAX. This strongly supports FedEx’s goal of becoming carbon-neutral by the year 2040 and is a huge step in the aviation industry towards cutting emissions.
Neste will supply FedEx with 8,800 metric tons of blended SAF over the course of a year, starting in May 2025. Containing at least 30% neat SAF from renewable waste like animal fat and cooking oil, it will cover around 20% of FedEx’s jet fuel use. Annually, this deal could go as far as cutting 25,000 metric tons of CO2. The CEO of FedEx Express, Lisa Lutoff-Perlo stated:
“Partnering with Neste to supply sustainable aviation fuel at LAX is a critical step in our journey to reduce emissions and lead the industry toward a more sustainable future”
Driving innovation
Finland-based Neste is currently the world’s top SAF producer and has certification for up to 50% blending with other conventional jet fuels. Aviation currently contributes approximately 3% of global CO2 emissions but all in the industry are hoping that this deal can be a further driving force behind change and innovation.
Senior Vice President of Commercial and Renewable Products at Neste, Carl Nyberg said:
“FedEx is demonstrating how the air cargo industry can leverage available lower-emission solutions like SAF to reduce its environmental impact”
Despite these impressive strides in turning the aviation industry green, SAF still currently costs between $2.50 and $3.50 per gallon, whereas fossil fuels are around $2, highlighting the need for further investment and scaling to help make it easier for all in the aviation industry to adopt.
A little more about FedEx
Founded in 1971, FedEx is the world’s largest express cargo airline, operating in over 220 countries. Boasting a fleet of over 700 aircraft, it prides itself on delivering time-sensitive shipments globally.
How far do you think this will go to integrate SAF in aviation further? Let us know down below!
