Embraer Says It Will Join United Airlines Ventures’ Sustainable Flight Fund

The investment vehicle focuses on increasing the supply of SAF.

Jonathan Welsh

Thursday, February 15, 2024 at 03:11 PM ET

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Embraer jets have made test flights using 100 percent SAF. [Courtesy: Embraer]

Key Takeaways:

Embraer has joined United Airlines Ventures’ Sustainable Flight Fund, an investment program dedicated to increasing the supply of sustainable aviation fuel (SAF).
The fund, launched in February 2023, now includes 22 corporate partners and has over $200 million committed to investing in companies that work to decarbonize air travel.
Embraer's participation aligns with its commitment to a clean energy transition in aviation, aiming to accelerate large-scale SAF production to achieve carbon-neutral operations by 2040 and support the industry's net-zero emissions goal by 2050.

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Embraer said it will join United Airlines Ventures’ Sustainable Flight Fund, an investment program aimed at increasing the supply of sustainable aviation fuel (SAF) through investment in related startup companies.

United launched the fund in February 2023, and it has since grown to include 22 corporate partners. The airline and its partners have committed more than $200 million to invest in companies working to decarbonize air travel.