International Airlines Group (IAG) announced that it has reached an agreement with Repsol to purchase and supply over 28,000 tons of sustainable aviation fuel (SAF) over the next six months.
The SAF, provided by the Spanish energy firm, will be used by IAG airlines flying from Spanish Airports, including Aer Lingus, British Airways, Iberia, Iberia Express and Vueling.
This agreement marks the largest voluntary purchase of Sustainable Aviation Fuel (SAF) in Spain to date.
By securing this supply, IAG reinforces its dedication to decarbonizing its operations, bringing the Group closer to achieving its target of using 2% SAF by 2025, as mandated by the ReFuel EU regulation.
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SAF enables a reduction of over 80% in net CO2 lifecycle emissions compared to traditional jet fuel, spanning from production through consumption.
Luis Gallego, CEO of IAG, said, “Sustainability is a priority for IAG and is one of the pillars on which we base our strategy and transformation. We are working intensely to secure our future SAF needs and comply with our commitments, which are more ambitious than what is established by EU legislation.”
He added, “However, it is important that governments continue to support the development of a SAF industry that increases its availability and reduces its price. Developing a European SAF industry has the potential to generate thousands of jobs and will make an important contribution to GDP.”
IAG’s airlines in Spain and Repsol have been collaborating on the decarbonisation of air transport for several years.
