Singapore Airlines Group Introduces New Sustainable Aviation Fuel Supply Agreement with Neste

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Singapore, 4th April 2023 - Singapore Airlines (SIA) and its subsidiaries, SilkAir and Scoot, have entered into a new long-term sustainable aviation fuel (SAF) supply agreement with Neste, a leading global provider of renewable diesel, sustainable aviation fuel, and renewable feedstocks for chemicals and plastics.

This agreement marks a significant step forward in SIA's sustainability journey and aligns with its commitment to reduce carbon emissions and support the industry's transition towards more environmentally friendly practices.

Key Points of the Agreement:

Neste will supply SIA with SAF over a period of five years, commencing in 2026.
The SAF will be produced from sustainable feedstocks, such as used cooking oil and animal fats, and will meet internationally recognized sustainability standards.
The volume of SAF supplied under this agreement is expected to reduce SIA's carbon footprint by approximately 1.8 million tonnes over the five-year period.
This reduction is equivalent to removing approximately 500,000 passenger vehicles from the roads for an entire year.

Benefits of Using SAF:

SAF can significantly reduce greenhouse gas emissions compared to conventional jet fuel.
SAF can be blended with conventional jet fuel without requiring any modifications to aircraft or infrastructure.
SAF has similar performance and safety characteristics to conventional jet fuel.

SIA's Sustainability Commitments:

SIA has been actively working to reduce its environmental impact and promote sustainability across its operations. Key initiatives include:

Investing in fuel-efficient aircraft and implementing operational measures to optimize fuel consumption.
Exploring the use of alternative fuels, such as SAF and hydrogen.
Promoting the adoption of sustainable practices throughout the supply chain.
Supporting research and development of new low-carbon technologies.

Neste's Role in Sustainable Aviation:

Neste is a pioneer in the production of SAF and has been supplying sustainable aviation fuels to airlines worldwide since 2011. Neste's SAF is produced from 100% renewable and sustainable feedstocks, ensuring its environmental credentials.

Industry Collaboration and Support:

The adoption of SAF is a collaborative effort involving airlines, fuel suppliers, aircraft manufacturers, and governments. SIA's partnership with Neste demonstrates the industry's commitment to working together towards a more sustainable future for aviation.

Support from the Singapore Government:

The Singapore government has been supportive of the development and adoption of SAF. The Civil Aviation Authority of Singapore (CAAS) has introduced initiatives to facilitate the use of SAF, including co-funding programs and infrastructure development.

Conclusion:

Singapore Airlines Group's new SAF supply agreement with Neste is a testament to the airline's commitment to environmental sustainability and its leadership in driving the industry towards a more sustainable future. The use of SAF will significantly reduce SIA's carbon footprint and contribute to the collective efforts to decarbonize aviation.