GHG Emissions, Commercial, Sourcing Renewables - August 1, 2024
JetBlue Deploys SAF for NY Travel
JetBlue announced a new commercial agreement to bring the first regular supply of blended sustainable aviation fuel (SAF) to John F. Kennedy International Airport (JFK) as early as the fourth quarter of 2024.
Under the terms of the initial 12-month agreement, JetBlue is expected to take delivery of a minimum of 1 million gallons of neat sustainable aviation fuel (approximately 3. 3 million gallons blended) with an option to purchase up to an additional 4 million gallons (approximately 13.3 million gallons blended). The blended SAF will be made available via existing infrastructure, including the Colonial Pipeline.
JetBlue signed an agreement with World Fuel Services (World Fuel), a World Kinect company. The SAF will be provided by Valero Marketing and Supply Company (Valero), a subsidiary of Valero Energy Corporation (NYSE: VLO).
“This newly available SAF in our hometown is a key signal of the growing engagement by major fuel producers and the potential of SAF to meaningfully address aviation’s carbon emissions,” said Sara Bogdan, managing director of sustainability and environmental social governance fo JetBlue, in a statement. “By leveraging Valero’s globally recognized expertise in energy markets and logistics, and by utilizing existing jet fuel distribution infrastructure, this new large-scale supply of SAF is set to be a pivotal moment as the industry grows the use of SAF. Truly maximizing the impact of this opportunity will require engagement across all sectors.”
Neat sustainable aviation fuel produced by Diamond Green Diesel, LLC — a joint venture between a Valero affiliate and Darling Ingredients Inc. — will be blended by Valero with conventional jet fuel to create blended SAF and delivered by World Fuel.
Blended SAF is a drop-in product for existing aircraft and infrastructure. Neat sustainable aviation fuel is produced from a wide array of feedstocks including agricultural wastes and used cooking oils and can lower lifecycle GHG emissions by approximately 80% when compared to current conventional jet fuel. The fuel under this agreement is expected to be delivered via existing jet fuel distribution infrastructure and claimed by JetBlue in New York.
World Fuel, a global energy management company offering fulfillment and related services to more than 150,000 customers across the aviation, marine, and land-based transportation sectors, will provide the logistics and distribution of blended SAF.
JetBlue already has a regular supply of SAF for airports in the San Francisco and Los Angeles areas and doubled its SAF procurement in 2023 from the previous year. The airline is on track to double its procurement of SAF again in 2024.
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