What Happened
Canadian Carrier And Airbus Invest In Sustainable Aviation Fuel
Air Canada and Airbus have announced a joint investment of up to C$13.7 million in a new sustainable aviation fuel (SAF) investment platform. The partnership aims to support the production of SAF in Canada, with a focus on accelerating a jointly agreed Canadian SAF project toward final investment decision. Air Canada operates over 100 Airbus aircraft and is targeting net zero emissions by 2050. The initiative was announced at the Farnborough Airshow and is part of Air Canada’s efforts to reduce its environmental impact, as reported by Air Transport World, part of Aviation Week Intelligence Network.