IAG REACHES ONE-THIRD OF 2030 SAF TARGET WITH MAJOR E-SAF DEAL WITH TWELVE

28 February 2024

International Airlines Group (IAG) today announced its largest Sustainable Aviation Fuel (SAF) purchase agreement to date, with e-SAF (power-to-liquid) producer Twelve, which will supply advanced e-SAF made from made from CO2, water and renewable energy.

Under the terms of the fourteen-year contract, Twelve will supply IAG with 785,000 tonnes of e-SAF to support its five European airlines (British Airways, Iberia, Aer Lingus, Vueling and LEVEL). The next- generation fuel will reduce lifecycle greenhouse gas emissions by up to 90% versus conventional jet fuel. IAG is the first European airline group to announce an e-SAF deal, and the agreement will enable IAG to continue increasing its SAF use, which was approximately 12% of the world’s supply in 2023.

Read the full press release here.