Neste, Air New Zealand sign agreement for SAF

Neste and Air New Zealand have signed an agreement for the supply of nine million litres (around 7,200 tons) of neat Neste MY Sustainable Aviation Fuel™.

The agreement represents the largest purchase of sustainable aviation fuel (SAF) from Neste made by any airline outside North America and Europe for delivery before the end of 2024.

The agreement follows an earlier SAF delivery to Air New Zealand in 2022. The sustainable aviation fuel will be produced at Neste’s Singapore refinery, which expanded its SAF production capability last year and is currently ramping up SAF production.

The neat SAF will be blended with conventional jet fuel to meet the required fuel specifications and supplied to Los Angeles International Airport between 1 April and 30 November.

“Sustainable aviation fuel is currently the only solution to significantly reduce emissions from long haul flight, but it currently makes up less than 1% of the global fuel supply.

For aviation to reach its net zero carbon emissions goals by 2050, the SAF industry will need to scale significantly.