United Airlines has this week made a landmark deal with Cemvita Corporation for up to one billion gallons of Sustainable Aviation Fuel (SAF).
The agreement states that Cemvita will supply the airline with 50 million gallons annually over a 20-year period.
Without further ado, let’s get into it…
United Airlines Landmark Deal: 1bn Gallons of SAF…
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Commenting on this deal was Michael Leskinen, the United Airlines Ventures President:
“Since our initial investment last year, Cemvita has made outstanding progress, including opening their new pilot plant – an important step towards producing sustainable aviation fuel”.
“United is the global aviation leader in SAF production investment, but we face a real shortage of available fuel and producers.”
“Cemvita’s technology represents a path forward for a potentially significant supply of SAF and it’s our hope that this offtake agreement for up to one billion gallons is just the beginning of our collaboration.”
Adding to this was the CEO of Cemvita, Moji Karimi:
“Biology is capable of truly amazing things”.
“Our team of passionate, pioneering, and persistent scientists and engineers are on a mission to create sustainable BioSolutions that redefine possibilities.”
“We are thrilled to partner with United Airlines in working towards transforming the aviation industry and accelerating the energy transition”.
“This agreement featuring our unique SAF platform is a major milestone towards demonstrating our journey to full commercialization.”
United has aggressively pursued strategic investments in SAF producers and revolutionary technologies, including carbon capture, hydrogen-electric engines, electric regional aircraft, and air taxis.
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