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Travel Radar - Aviation News > News > Boeing’s investment in Australian sustainable aviation fuel

Boeing’s investment in Australian sustainable aviation fuel

Elpida Krili
Last updated: 11 September 2024 18:59
By Elpida Krili
3 Min Read
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Boeing's investment in Aviation Fuel, Boeing, jet fuel, Boeing's funding in Aviation Fuel, Australia, SAF minimises CO2 emissions
Sustainable Aviation Fuel advertisement at Frankfurt airport © UbahnVerleih
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Boeing’s investment in Wagner Sustainable Aviation Fuel (SAF) is a game-changing move that reduces aviation’s total carbon emissions in Australia. SAF minimises CO2 emissions by up to 84% in comparison to petroleum jet fuel represents just 0,1% of the jet fuel use worldwide. 

Boeing’s investment in Wagner Sustainable Aviation Fuel (SAF) is a game-changing move that reduces aviation’s total carbon emissions.  SAF minimises CO2 emissions by up to 84% in comparison to petroleum jet fuel represents just 0,1% of the jet fuel use worldwide.

© John Nilsson

Boeing’s strategic investment in SAF

Boeing’s strategic move towards SAF plays a crucial role in revolutionising  the future of the aviation industry. More particularly, it plans to decarbonise the flights by 2050. This collaboration with Boeing will eventually fulfill Australia’s climate goals  and more extensively the global aviation industry’s dedication of net zero emissions. Kimberly Camrass, Boeing’s sustainability lead for Australia and New Zealand indicated:

““SAF facilities such as Wagner’s new Brisbane site also strengthen Australia’s fuel security, since the country currently imports 90% of its liquid fuel including jet fuel, and the demand is expected to increase by 75% towards 2050”

©Alexey Novikov

In addition, Matt Doyle, Wagner Sustainable Fuels Chief Executive Officer said:

The investment from the Queensland Government and Boeing will underpin Australia’s first, fully integrated SAF production facility. It will create local jobs, contribute to fuel security and reduce greenhouse-gas emissions from aviation.”

More benefits of SAF

The 400 million investment will change Australia’s commercial flight industry by converting industrial waste into clean aviation fuel. This groundbreaking action will transform the country’s energy security and at the same time will safeguard the natural environment. It is also worth mentioning that Wagner Sustainable Fuels is a company striving to reduce CO₂ emissions from Australia’s aviation and heavy transport  sector by supplying them with renewable Diesel and SAF. Therefore, this visionary collaboration between Boeing and Wagner action will transform the landscape in the air travel sector by urging more companies to adopt sustainable and renewable fuels, in order to gain competitive advantage in the emerging sustainable aviation industry.

Thus, what is your view on this exciting initiative? Is Boeing’s million-dollar investment worth it for a more environmental-friendly future?  For more interesting content about the adoption of Sustainable Aviation Fuel by big airline companies you can click here

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Elpida Krili
ByElpida Krili
News Editor - Originally from Greece, Elpida is an English language literature graduate, currently pursuing her Master's degree in Linguistics. Her studies have helped her understand the complexities of language and the importance in conveying the desirable message to readers when writing content. Alongside this, Elpida loves travelling so looks forward to bringing her passion and interest to the readers of Travel Radar!
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