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Fri, 21 Sept 2018

Japan Airlines Invests in Development of Sustainable Aviation Fuel Technology

Japan Airlines (JAL) has unveiled plans to invest in and accelerate the development of sustainable aviation fuel (SAF) conversion technology.

Japan Airlines Boeing 767 reg: JA621J. Picture by Steven Howard of TravelNewsAsia.com Click to enlarge.

Based on the CO2 emissions standard set by the ICAO to reduce the impact of aviation greenhouse gas emmisions, JAL has formed a strategic partnership with the Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN) and Marubeni Corporation, and invest in Fulcrum BioEnergy, Inc., to jointly develop SAF for the aviation sector.

 Through this action, the JAL Group aims to realize the operation of an aircraft utilizing SAF technology and fulfill the targets outlined in the company`s Medium Term Management Plan - to actively contribute and tackle Global Sustainable Development Goals.

 JAL's share of the investment amount was 900 million yen.

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