Neste to Provide DHL with 105 Million Gallons of Sustainable Aviation Fuel
Oil refining company Neste will provide logistics provider DHL with approximately 105 million gallons of Neste's MY Sustainable Aviation Fuel during the next five years under an agreement announced Monday.
In 2020, DHL Express became the first cargo operator to use Neste's SAF on flights departing from San Francisco International Airport and Amsterdam Airport. [Courtesy: DHL]
Key Takeaways:
Neste and DHL have signed a landmark 5-year agreement for approximately 105 million gallons of Neste's Sustainable Aviation Fuel (SAF), representing Neste's largest SAF contract to date.
This deal signifies a major step towards reducing aviation emissions, with SAF capable of cutting greenhouse gas emissions by up to 80% compared to fossil fuels, supporting the industry's net-zero targets by 2050.
Neste, a leading SAF provider, is expanding its production capacity by converting waste materials into drop-in aviation fuel to meet growing demand.
Industry leaders like DHL are urging governments to establish policy frameworks and incentives to accelerate the market's adoption and production of SAF to bridge current supply gaps.
Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.
