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Commercial Aviation / Oceania


In Australia


Airbus and Qantas set to announce major investment in SAF industry development


 By: Rafael Ramos 
 On: 2/28/2023 

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Although there is still no official announcement, Airbus and Qantas would be about to make a major investment in the development of the SAF Industry in Australia. On Monday, Stephen Forshaw, chief representative of Airbus for Australia, New Zealand and the Pacific, said that the companies are meeting weekly to discuss the investments, which would be a mutual fund of around US$ 200 million, which was established last year.

The investment should have its official announcement in about a month.

Since last year, Qantas has set a target to use 10% of its total fuel from SAF (Sustainable Aviation Fuel) by 2030. In addition, the airline announced the multibillion-dollar acquisition of the latest generation aircraft from Airbus, including widebodies and narrowbodies, which can use a mix of up to 50% SAF.

However, Australia does not have a sustainable fuel industry, being forced to purchase its SAF from overseas airports.

Forshaw said the investment has been made, but it's not fully closed.

He did not say what type of project was planned for the first investment, but said that the country has the potential to use solar energy to help meet demand, given the limited raw material, such as oils and fats.
Rafael Ramos
Aviation enthusiast from an early age, he had his first contacts with the area developing that good old habit of spending dozens of hours in front of the screens of Micrsoft Flight Simulator and other simulators. With a solid background in various technological areas, including engineering and chemistry, Rafael has rejoined aviation as editor and author of articles and materials on our portal, providing invaluable help to the dynamics and expansion of the website and the aeronautical community, bringing us the news and updates so indispensable for us to remain current in our area of operation.

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