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United Airlines, five other companies launch effort to develop sustainable aviation fuel
2/21/2023 - United Airlines is joining with Air Canada, Boeing, GE Aerospace, JPMorgan Chase, and Honeywell to create the United Airlines Ventures Sustainable Flight Fund starting at $100 million. The fund allows these companies a greater ability to invest in startups developing new forms of SAF.
Source: https://www.cnbc.com/2023/02/21/united-airlines-sustainable-aviation-fuel.html
Air New Zealand to fly on sustainable aviation fuel from next week
9/15/2022 - Sustainable Aviation Fuel purchases from Neste will account for roughly 1% of Air New Zealand's annual fuel imports in 2022. Air New Zealand chief executive Greg Foran says starting small and scaling imports with increasing SAF production in the near future will help test out supply chain as prices for the premium fuel become more affordable. Plans currently call for a maximum blending of 38% of the sustainable fuel with conventional fuel.
Source: https://www.stuff.co.nz/business/129878719/air-new-zealand-to-fly-on-sustainable-aviation-fuel-from-next-week
Senate passes bill with new SAF, clean fuel, hydrogen tax credits
8/13/2022 - The Inflation Reduction Act, passed by the Senate on Aug 7, 2022, will provide tax credits ranging from $1.50 to $1.75 per gallon for sustainable aviation fuels which can reduce lifetime greenhouse gas emissions by at least 50%.
Source: https://biomassmagazine.com/articles/19223/senate-passes-bill-with-new-saf-clean-fuel-hydrogen-tax-credits