American Airlines Boosts SAF Commitment By 500 Million Gallons

American Airlines is closer to achieving its ambitious sustainability goals. Over the next five years, American Airlines will purchase 500 million gallons of sustainable aviation fuel (SAF) from Gevo.

The Simple Flying team was on the ground at the Farnborough International Airshow this week, bringing you the biggest news as it happened. To read our coverage on FIA 2022, click here.

American Airlines to purchase 500 million gallons of SAF

Earlier today, American Airlines announced that it finalized an agreement with Gevo, Inc., a biofuel company. The agreement has American Airlines committing to purchasing 500 million gallons of SAF over five years, the most significant SAF commitment to date from the airline.

“Today’s announcement is a historic step forward for American and our industry as we work to reduce our carbon footprint. The use of SAF is a cornerstone of our strategy to decarbonize air travel. While this landmark investment represents meaningful action by American Airlines, driving progress at the scale and pace we need requires critical policy action in Washington and at the State level oneworld partners, we’re proud to lead the way in the shift to SAF and make progress toward our shared climate goals. “- Jill Blickstein, Vice President of Sustainability, American Airlines

The agreement between American and Gevo was developed in collaboration with others in the oneworld alliance. oneworld was the first global airline alliance to announce a goal of carbon neutrality by 2050. In September 2020, oneworld established its dedication to sustainability. Most recently, the alliance announced a goal to achieve 10% SAF use throughout its member airlines by 2030. American’s agreement with Gevo brings the airline to about 20% of its goal to replace 10% of jet fuel with SAF by 2030, with its commitment totaling over 620 million gallons.

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“The expansion of the global development of the SAF marketplace has reached an exciting point. While there is a tremendous amount of work to complete to bring all the critical elements of net-zero carbon SAF to the marketplace, our memoranda of understanding with oneworld alliance members and this subsequent commitment from American Airlines demonstrates the important momentum that is building for these types of products. I’m thrilled that Gevo is poised to continue to provide leadership for this product development. “- Dr. Patrick R. Gruber, Chief Executive Officer, Gevo

American continues to pursue its sustainability goals, which will hopefully lead to net-zero emissions by 2050. American Airlines received the highest CDP Climate Change score of any airline in North America, an “A”, and only two airlines globally received that score.

American Airlines has now committed to purchase over 620 million gallons of SAF. Photo: Lukas Souza | Simple Flying

Recent American Airlines news

Earlier this week, American Airlines released its Q2 Financial Report. In Q2 of 2022, the airline reported a profit of $ 476 million, its first profit since 2019. In addition to recording a profit for the first time in three years, American saw record revenues in Q2, due to a surge in demand for travel and high ticket prices.

We are very pleased to report a quarterly profit, excluding net special items, for the first time since the start of the pandemic, driven by the strong demand environment and the hard work of our team. The American Airlines team has stepped up to meet the surge in demand for air travel while running a reliable operation in very challenging conditions. “- Robert Isom, CEO, American Airlines

To read the full story about American’s Q2 financial report, click here.

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