Quick News Bit

JetBlue to Buy Sustainable Fuel for New York Operations

0

JetBlue has reached an agreement with bioenergy developer SG Preston to deliver at least 670 million gallons of blended sustainable aviation fuel for its operations at the three New York-area airports over a 10-year period, the carrier announced.

The agreement, with which JetBlue expects fuel delivery will start in 2023, will convert 30 percent of JetBlue’s fuel purchase across John F. Kennedy International, LaGuardia and Newark Liberty airports to sustainable fuel, according to the carrier. Should delivery start in 2023, JetBlue would hit nearly 8 percent sustainable aviation fuel usage by the end of that year, “putting us well ahead of pace in reaching our goal of 10 percent SAF usage by 2030,” according to JetBlue CEO Robin Hayes.

Using the fuel will cut about 1.5 million metric tons of carbon dioxide emissions over the 10-year period, according to JetBlue.

SG Preston is developing a facility in the Northeastern United States to develop fuel at a large scale out of waste fats, oils, greases and non-food oilseeds. JetBlue plans to invest more than $1 billion in purchasing fuel over the life of the agreement.

JetBlue previously has announced agreements with World Energy and World Fuel Services for sustainable aviation fuel for flights out of Los Angeles and with Neste for sustainable aviation fuel for flights out of San Francisco.

For all the latest Business News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsBit.us is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment