- Neste and Air New Zealand have agreed to supply nine million litres of neat Neste MY Sustainable Aviation Fuel™.
- The supply is nine times the size of Air New Zealand’s first shipment of SAF from Neste in 2022.
Neste and Air New Zealand have agreed to supply nine million litres (around 7,200 tons or 2.4 million gallons) of neat Neste MY Sustainable Aviation Fuel™. The agreement represents the largest purchase of sustainable aviation fuel (SAF) from Neste by any airline outside North America and Europe for delivery before the end of 2024.
The agreement follows an earlier SAF delivery to Air New Zealand in 2022. The sustainable aviation fuel will be produced at Neste’s Singapore refinery, which expanded its SAF production capability last year and ramped up SAF production.
The neat SAF will be blended with conventional jet fuel to meet the required fuel specifications and supplied to Los Angeles International Airport between April 1 and November 30, 2024.
The supply is nine times the size of Air New Zealand’s first shipment of SAF from Neste in 2022 and demonstrates growing cooperation between two like-minded organisations to advance the supply and use of SAF.
Alexander Kueper, Vice President of Renewable Aviation at Neste, said, “Neste is fully committed to supporting the decarbonisation of aviation and is working closely with partners like Air New Zealand to accelerate SAF usage.”
The company aims to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Neste is committed to reaching carbon-neutral production by 2035 and reducing the carbon emission intensity of sold products by 50 per cent by 2040.
Neste has also set high standards for biodiversity, human rights, and the supply chain.