Photo: shutterstock.com
Reading Time: < 1 minuteIberia wants to expand its development of Sustainable Aviation Fuel (SAF) by using waste, recycled used oils, and other sustainable plant-based feedstocks. It has signed a strategic alliance with Cepsa, one of Spain’s leading aviation fuel suppliers. It intends to fly 10% of its operations using SAF by 2030.
According to Maarten Wetselaar, CEO of Cepsa, «this alliance shows Cepsa’s commitment to sustainability and our firm determination to support our customers by providing them with viable solutions that accelerate their energy transition. As a benchmark in the supply of fuels for the airline industry, we share with the Iberia Group the common goal of promoting the decarbonization of transport as a tool in the fight against climate change».
«For the decarbonization of the airline industry, the development, production, and distribution of sustainably sourced fuels at affordable prices and in sufficient quantity to supply airlines are essential. We are confident that this agreement with Cepsa will contribute to this goal,» said Javier Sánchez-Prieto, Iberia’s President and CEO.
This agreement between Cepsa and the Iberia Group is in line with the European Commission’s Fit for 55 package, which includes a legislative initiative called ‘RefuelEU Aviation,’ which aims to boost the supply and demand of aviation biofuels in the European Union, reaching 2% use by 2025, 5% by 2030 and 63% by 2050.