Ryanair and Shell Agree SAF Deal

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by KnowESG,

Shell plc

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Ryanair has signed a deal with Shell to purchase up to 360,000 metric tonnes of sustainable aviation fuel at more than 200 airports across Europe.

The agreement will "focus in particular" on the airline's bases at Dublin and London Stansted airports, with deliveries expected between 2025 and 2030.

Ryanair has set targets of 12.5 per cent SAF usage by 2030 and net-zero emissions by 2050.

Speaking at Ryanair’s Sustainability Day in Dublin, sustainability director Thomas Fowler said the agreement with Shell will help the carrier achieve some 20 per cent of its 2030 goal.

Shell Aviation president Jan Toschka added: “This initial agreement demonstrates that both companies recognise that SAF is the key to unlocking a net zero future for aviation… Leadership and bold actions are needed to accelerate the decarbonisation of flight, and today’s announcement is a great example of this.”

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Source: BTN

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