Global cargo and delivery giant FedEx has announced an agreement with Neste, the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel, securing more than 3 million gallons of blended SAF for delivery at Los Angeles International Airport (LAX) to the world’s largest express cargo airline.
Through this agreement, FedEx has purchased blended fuel from Neste, to include a minimum of 30% neat Neste MY Sustainable Aviation Fuel. As used in its blended form, the fuel will account for roughly a fifth of all jet fuel consumed annually by FedEx at LAX and is the largest SAF purchase executed by a US cargo airline at LAX to-date. Delivery of the fuel began earlier this month and will continue over the next year.
“Procuring SAF is an important component of our aviation emissions-reduction strategy in the coming years, and we are pleased to have executed a deal with Neste to begin using this fuel in our air operations,” said Karen Blanks Ellis, chief sustainability officer and vice president of Environmental Affairs, FedEx. “Our aviation network represents the largest amount of FedEx fuel use globally and, as a result, is our biggest opportunity to drive down emissions. As we work toward our goal of carbon-neural operations by 2040, we need the SAF market to continue to grow to meet industry demand.”
“As the world’s preeminent express transportation company, our initial U.S. deployment of this fuel advances our sustainability goals and bolsters the aviation industry’s efforts to source and use more SAF,” said Richard Smith, chief operating officer, International, and chief executive officer, Airline, FedEx. “While we know further growth of the SAF market is needed—alongside other innovations—we are proud to celebrate this milestone with our world-class air network.”
“Neste is excited to work with FedEx and support their ambitious goal of reaching carbon-neutral operations by 2040 with our SAF. Recognising the important role of air cargo in the global economy, FedEx is demonstrating how this industry can leverage available lower-emission solutions like SAF to reduce its environmental impact. We look forward to further strengthening our cooperation,” said Carl Nyberg, Senior Vice President, Commercial, Renewable Products at Neste.
