Airbus, Masdar Sign Agreement To Support Growth of SAF Market

The companies plan to focus on producing sustainable aviation fuel with green hydrogen and captured CO2.

Jonathan Welsh

Tuesday, May 16, 2023 at 02:27 PM ET

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Airbus is working on a number of sustainability projects. [Courtesy: Airbus]

Key Takeaways:

Airbus and clean-energy company Masdar have partnered to support the development and growth of the global sustainable aviation fuel (SAF) market.
The collaboration will focus on utilizing green hydrogen and direct air capture technology to produce synthetic SAF, aiming to reduce greenhouse gas emissions by up to 95%.
Both companies highlight SAF as a critical solution for decarbonizing the aviation sector and achieving net-zero emissions targets.

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Airbus announced it has entered an agreement with clean-energy company Masdar, also called Abu Dhabi Future Energy Co. PJSC, to support the development and growth of the global market for sustainable aviation fuel, or SAF.

The agreement identifies areas in which the companies plan to work together, including SAF, green hydrogen, and direct air capture technology that allow for the collection of atmospheric carbon dioxide. The combination of captured CO2 and hydrogen could be used to produce synthetic SAF, the companies said.