Boeing and SkyNRG Partner to Increase Global Aviation Fuel Revenue

Boeing, SkyNRG and SkyNRG Americas announced a new collaboration, focused on scaling, or increasing revenues at a faster rate than costs, of sustainable aviation fuels (SAF) on a global scale . Boeing, SkyNRG and SkyNRG Americas will work together to accelerate the development of SAF globally, focusing on increasing production capacity, awareness and stakeholder engagement along the value chain , including airlines, governments and environmental organizations. Boeing is a leading global aerospace company that develops, manufactures and services commercial aircraft, defense products and space systems for customers in more than 150 countries. Boeing began SAF test flights in 2008 and helped gain approval for commercial use in 2011. Boeing uses SAF for all flight test programs and has achieved the world’s first commercial aircraft flight using 100% SAF in 2018. Commercial aircraft will be capable and certified to fly on 100% SAF by 2030. Boeing’s long-term industry leadership and investment in SAF make it the perfect partner for SkyNRG , which is a leader in the SAF industry and sources and supplies SAF, develops production capacity, advises on policy decisions and manages the company’s SAF programs. SkyNRG Americas is a new company focused on growing SAF production in North America. Its first American production site dedicated to SAF will supply airports and airlines on the west coast. Boeing’s investment in the project includes SAF’s advance purchase of this facility for use in the company’s flight tests and other operations. “Sustainable aviation fuels are safe, proven and offer the greatest potential for reducing carbon emissions in our industry in the short, medium and long term,” said Chris Raymond, director of sustainability at Boeing. “This partnership is an important step in our journey to decarbonize aerospace, while ensuring that its societal and economic benefits are accessible to people around the world. “

“Our industry will need a strong and reliable supply of SAF to combat climate change and drive adoption,” Raymond said. “We aspire to partner up and help create that supply.”

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