Finnair and sustainable aviation gas producer Gevo have signed
a brand new settlement during which the service has agreed to buy 7 million gallons
of SAF per yr for 5 years, Gevo introduced Tuesday. Deliveries of the SAF
are anticipated to start in 2027. The settlement is valued at about $192 million
over the five-year interval, in response to Gevo.

Finnair is a member of the Oneworld airline alliance, and
this settlement falls inside the framework of a memorandum of understanding that
and Gevo signed in March 2022
for the member airways to buy as much as 200
million gallons of SAF starting in 2027 for a five-year time period, in response to
Gevo. The SAF producer additionally earlier this month signed an SAF
agreement with Japan Airlines
, one other Oneworld member.

The settlement with Finnair is topic to sure situations,
together with Gevo creating, financing and establishing a number of manufacturing
services to provide the SAF, in response to Gevo.


Source link