6 March 2026

GreenAir News

Reporting on aviation and the environment

News Roundup March 2026

Air France-KLM incurs €7.5m bond penalty on missed GHG intensity target

5 March 2026

In its 2025 full-year accounts, the Air France-KLM Group has disclosed it did not achieve the sustainability performance target of a specific reduction in its GHG emission intensity from a 2019 baseline by 2025, as required under the terms of sustainability-linked bonds issued in January 2023. The cost impact for the two bonds amounts to €7.5 million ($8.7m). The group has set a SBTi-validated performance target of a GHG emissions intensity reduction of 30% by 2030 from a 2019 baseline with an interim 10% reduction goal by 2025. It blames the missed target on delays to its fleet renewal plans, engine issues and higher than expected fuel consumption due to geopolitical circumstances. On a positive note, the group reports its SAF usage more than doubled in 2025 compared to the previous year.

First firm order placed for AURA’s ERA regional hybrid-electric aircraft

2 March 2026

French aircraft manufacturer AURA AERO has announced the first firm order for its regional ERA 19-seater hybrid-electric aircraft. The customer is Pan Européenne Air Service (PEAS), a French private airline that has specialised in customised business flights for over 50 years and is aiming to become one of the first in the world to operate a hybrid-electric aircraft with paying passengers. The airline has been supporting AURA AERO and the ERA programme from the outset and its commitment follows taking part in flight testing of AURA AERO’s fully electric two-seat training aircraft, INTEGRAL E. The manufacturer claims ERA will reduce CO2 emissions by up to 80% compared to thermal aircraft in its category and to date its order book includes nearly 700 Letters of Intent from 16 international airlines and fleet operators, valued at $12 billion.

Patagonia $2.5 billion eSAF project starts engagement process with investors

26 February 2026

Germany-based firms GreenSinergy and REA Consult have begun a formal engagement process with institutional investors and prospective offtakers for a large-scale power-to-liquid (PtL) sustainable aviation fuel production project in the Patagonia region of Argentina. Officially launched with provincial government support in December 2024, the Eco-Refinerías del Sur (ERS) facility is expected to have an initial capacity of 100,000 tonnes of SAF per year, with commissioning targeted for the early 2030s, and eventually scalable to 500,000 tonnes annually. At full build-out, total capital investment is expected to reach around $2.5 billion. GreenSinnergy is acting as the lead developer, overseeing technical design, permitting and execution, while REA Consult leads the financial and transaction structuring, coordinating investor engagement and aligning the capital framework with international investment standards.

SAFc Registry passes milestone with over 500,000 tonnes of CO2 abated

25 February 2026

The SAFc Registry has now surpassed 500,000 tonnes of carbon dioxide equivalent (CO2e) abated through SAF certificates issued on the platform. As of February 2026, SAF certificates have been issued representing more than 164,000 tonnes of neat sustainable aviation fuel. Launched in 2023 by RMI and Environmental Defense Fund (EDF), in collaboration with the Sustainable Aviation Buyers Alliance (SABA) and Energy Web, the registry was created to support air transport customers in their decarbonisation efforts with an enterprise-grade digital tool for tracking emissions claims. The abated emissions reflect verified SAF use displacing conventional jet fuels, with outcomes tracked through a public, auditable registry that safeguards sensitive data. Users of the registry range from companies addressing Scope 3 aviation emissions, like SABA’s corporate members, to airlines and logistics providers.

LanzaJet secures new equity investment to support growth and ATJ technology deployment

25 February 2026

Next generation aviation fuels producer LanzaJet has announced the first close of an overall $135 million target equity investment round at a pre-money enterprise valuation of $650 million. The round is co-led by IAG and Shell, with participation from Groupe ADP, LanzaTech and Mitsui, who are all existing shareholders and expanding their investment in LanzaJet’s growth and operations at the producer’s Freedom Pines Fuels alcohol-to-jet facility in Georgia, USA. Together with a grant from the UK Department for Transport’s Advanced Fuels Fund to accelerate development of its Project Speedbird SAF biorefinery in northeast England, LanzaJet has raised a total of $47 million in new capital. As part of this funding round, LanzaJet is entering into a multi-year tolling structure at Freedom Pines that will provide a secure feedstock supply and guaranteed offtake of production, says the company.

UK SAF projects progress as Heathrow increases SAF incentive for airlines

24 February 2026

Heathrow has increased its incentive scheme to drive up use of sustainable aviation fuel at the airport by setting a new target that aims for an uplift of 5.6% in 2026, which is 2% higher than that required under the UK’s SAF mandate. This would equate to around 350,000 tonnes of SAF to being used over the course of the year, and Heathrow is making available £80 million ($110m) to help airlines bridge the cost gap with conventional jet fuel. In other UK SAF developments, LanzaTech has announced the intended location in northeast England for its £600 million ($800m), 80,000-tonne SAF project, which is expected to be operational in 2030. Integrated energy services provider Kent says it has begun the Pre-FEED study for Equilibrion’s Eq.flight eSAF demonstration plant, while Carbon Neutral Fuels has selected Johnson Matthey and Honeywell UOP to supply key technology for its eSAF project in northwest England.

Montana Renewables and World Energy join to scale up North American SAF deliveries

20 February 2026

Two of the biggest names in US sustainable aviation fuels, World Energy and Montana Renewables (MRL), have joined forces to accelerate SAF production and emission credit supplies to meet growing demand in the country. The agreement is expected to deliver more than 70 million gallons of SAF to the market over three years. MRL is one of the largest SAF producers in North America and having benefited from a large loan from the US Department of Energy last year, is set to significantly increase SAF production capacity through its MaxSAF 150 expansion plans. World Energy was the world’s first commercial scale SAF producer but has now pivoted to pioneering the carbon insets market, which enables corporate clients to acquire the environmental attributes derived from SAF to decarbonise their operations.

DelAgua’s African cookstove projects receive CORSIA credits eligibility tags

19 February 2026

Carbon project developer DelAgua, which operates cookstove projects in Africa, has announced that over 4.7 million of its carbon credits are now eligible for use under Phase 1 of ICAO’s CORSIA carbon offsetting scheme for international aviation. The credits are the first, says DelAgua, to be tagged by standards body Verra and cover projects in Rwanda, Sierra Leone and The Gambia. This comes after the UK-based organisation secured the necessary Letters of Authorizations (LOAs) from the three host countries for four projects. According to aviation carbon solutions company Azzera, the total number of CORSIA-tagged projects now stands at seven and marks continued progress in the roll out of eligible credits under the scheme. However, KOKO, another potential provider of CORSIA-eligible credits through African clean cooking projects, has had to shut down operations, citing regulatory challenges in Kenya.

SkyNRG reaches financial close for Dutch 100,000-tonne SAF facility

13 February 2026

Sustainable aviation fuel pioneer SkyNRG has reached financial close on its DSL-01 SAF production plant in the Netherlands and has now started construction work at the Delfzijl chemical plant location in the north of the country. The HEFA plant will produce 100,000 tonnes of SAF per year plus a further 35,000 tonnes of sustainable by-products including biobased propane, butane and naphtha. Technip Energies will serve as the EPC contractor and the facility will use the HEFA pathway enabled by Topsoe’s HydroFlex technology. Start up is expected mid-2028, with KLM the primary off-taker for the SAF produced. SkyNRG says DSL-01 is the first commercial-scale SAF plant to secure non-recourse project financing, a structure used for large industrial projects. The company is also developing SAF projects in the United States and Sweden.

Concrete Chemicals consortium secures €350m public funding for German eSAF project

11 February 2026

Concrete Chemicals, a partnership between sustainable aviation fuel producer Zaffra and renewable energy company ENERTRAG, has secured €350 million ($410m) in public funding to deliver what it claims will be Germany’s largest industrial-scale eSAF production facility. The funding has been approved at national and regional level, and is now undergoing a final review by the European Commission. To be located in the state of Brandenburg, the project is slated to produce more than 37,000 tonnes of synthetic fuels per year, including 30,000 tonnes of eSAF, using biogenic CO2 and renewable hydrogen. It aims to support the delivery of the EU blending sub-mandate on eSAF, which starts at 1.2% in 2030, and contribute to the German federal government’s Sustainable Aviation Strategy.

UK regulator sets out guidance for providing emissions data to passengers booking flights

10 February 2026

The UK Civil Aviation Authority (CAA) has published updated guidance on the emissions information airlines and other booking organisations should provide passengers when booking their flights. Some booking platforms already provide data on the amount of carbon emitted on individual flights and the CAA is looking to make this available on all flights sold and advertised that depart from or arrive at UK airports. The CAA aims to create a framework for presenting the information in a clear and consistent format at the point of booking, and its guidance provides a set of updated principles following feedback to a 2024 public consultation. Although voluntary initially, the information should be made available during the online flight search and booking process for applicable flights by April 2027, says the regulator.

Significant support needed over next five years to achieve net zero, says industry report

5 February 2026

Momentum to achieve the aviation’s long-term goal of net zero emissions by 2050 must accelerate over the next five years, says the Air Transport Action Group’s (ATAG) latest Waypoint 2050 report. Its analysis reiterates there is no single solution to decarbonisation and outlines two scenarios to demonstrate how the sector could reach net zero by mid-century, the first with sustainable aviation fuel as the primary lever, the other a more technology-led pathway. The deployment of SAF remains central to the net zero transition, although the report notes that it has been slower than required but points to a significant increase in global production in recent years. It says SAF could contribute between 38% and 58% of required carbon reductions by 2050, down from the 53-71% forecast in the last edition in 2021, with carbon removals playing a bigger role.

REGIONAL SAF NEWS

EUROPE:

Air bp has signed a multi-year contract with Airbus for the supply of sustainable aviation fuel, as well as conventional jet fuel and associated services, across Germany and Spain. The aviation fuel company says this is one of the largest voluntary offtakes of SAF by an original equipment manufacturer (OEM). The contract covers activities such as flight testing, customer deliveries, internal transport via the Beluga fleet, as well as the employee shuttle service that operates daily between Toulouse and Hamburg.

Neste and World Fuel Services have extended their existing relationship with a five-year agreement that will expand the supply of Neste’s SAF at more than 100 airports across World Fuel’s UK and European network to its commercial and business and general aviation customers. Neste’s renewable fuels refinery in Rotterdam, the Netherlands, is currently capable of producing up to 500,000 tonnes of SAF annually. “As Neste is scaling its global SAF production capability from 1.5 to 2.2 million tonnes per annum in 2027, leveraging World Fuel’s extensive network of airports in Europe will increase the availability and flexibility of SAF supply for airlines,” said Carl Nyberg, SVP Commercial, Renewable Products at Neste.

Swiss synthetic aviation fuel company Metafuels has announced a $24 million funding round to progress ambitions to bring its methanol-to-jet (MtJ) technology to market at commercial scale. The round is led by UVC Partners, with participation from existing investors including Energy Impact Partners, Contrarian Ventures, RockCreek, Verve Ventures and Fortescue Ventures. The capital, says Metafuels, will lay foundations needed for multi-plant deployment across Europe, including progressing facilities towards FEED, FID and implementation, as well as commercial and financial project development activities. Metafuels is currently preparing its MtJ demonstration plant at the Paul Scherrer Institute in Switzerland for operation, while advancing Turbe, its first commercial e-SAF facility in the Port of Rotterdam.

Dublin-based SAF market accelerator Future Energy Global (FEG) has announced the completion of a SAF Scope 3 transaction supported by structured trade finance from carbon investment management and advisory firm Artemeter. The transaction brings together a global airline and a major corporate purchaser (both unnamed) seeking to address business travel emissions through the retirement of SAF-derived Scope 3 credits. FEG originated and structured the underlying SAFc purchase and sale agreements, while Artemeter provided the capital required to execute and settle the transaction, enabling the timely execution of the trade and bridging the gap between certificate purchase and corporate settlement.

Swedish airports operator Swedavia says under its annual SAF procurement round for 2025, a total of 300 tonnes of SAF were ordered, of which 215 tonnes were on behalf of Swedavia, which has annually procured SAF for all its business flights since 2016. Last year, Luleå Municipality and Nordic ground handling company Aviator were new participants, while SOS Alarm, which is responsible for Sweden’s emergency phone number, took part for the first time. Work has begun on the joint procurement process for 2026.

LOT Polish Airlines has become the first airline to report their data in the IATA CO2 Connect emissions calculator to account for carbon emissions reductions related to the usage of SAF. The SAF calculation follows specific accounting rules and practices for how to include SAF in per-passenger CO2 data. The initiative recently surpassed the 100-participant mark.

AMERICAS:

FedEx has introduced SAF at two more US airports, Dallas Fort Worth International and New York John F Kennedy International, bringing the total number of major airports using blended SAF to five over the past year. Combined, the agreements cover the equivalent of 5 million gallons of neat SAF. Through a contract with fuel provider World Fuel Services, FedEx will receive a total of 2 million neat gallons of SAF at DFW and JFK, to be delivered as a minimum 30% blend. With the fuel deliveries to DFW that began in December, FedEx believes it becomes the first airline – cargo or passenger – to begin purchasing SAF there outside of a pilot project. After achieving its target of a 30% reduction in aircraft emissions intensity from a 2005 baseline in FY24, the operator expanded the goal to a 40% reduction by 2034 through the use of SAF and other efficiency improvement projects such as aircraft modernisation and fuel saving operational initiatives.

NEWS EXTRA

LATAM Airlines Group has extended the use of the AeroSHARK riblet film coating to its entire Boeing 777 fleet. Developed by Lufthansa Technik and BASF Coatings, the modification reduces aircraft drag by one per cent, which will enable LATAM to leverage annual savings of up to 4,000 tonnes of jet fuel and 12,000 tonnes of CO2 emissions with the modification of the whole fleet. Lufthansa Technik has plans to introduce the modification for an Airbus type, namely the A330ceo, and also modify even larger areas of the aircraft to leverage greater savings.

A Norwegian electric aviation test project carried out between Bristow, BETA Technologies, airport operator Avinor and CAA Norway has concluded after six months of operational testing. The BETA Technologies ALIA aircraft performed 126 flights covering 8,748 nautical miles (16,201km) on a cargo route between Stavanger and Bergen. Airports, air traffic control and regulators were able to gain hands-on experience with charging infrastructure, winter operations, new procedures and future training needs. The project also highlighted strategic needs for the next phase of electric aviation, including the development of robust charging solutions, winter-adapted infrastructure and dedicated training for fire and rescue services related to batteries and alternative fuels.

A case brought by a coalition of NGOs, including Opportunity Green, was due to be heard on February 24 in the EU General Court in Luxembourg. The case challenges the European Commission’s decision to allow fossil fuel-powered planes and ships to be labelled as ‘sustainable investments’ under the EU Taxonomy, the EU’s green finance classification system. The judgment could take 9 to 11 months after the hearing. The NGOs had formally asked the Commission two years ago to reconsider the Taxonomy criteria for the two transport sectors but the Commission refused.

The Emerging Africa & Asia Infrastructure Fund, managed by Ninety One, has committed €40 million ($47m) in sustainability-linked financing to Cabo Verde Airports to support the second phase of a programme to expand, modernise and decarbonise seven airports across Cabo Verde, the Small Island Developing State off the coast of West Africa. The programme is designed to accommodate sustained growth in passenger traffic while improving service quality and safety. Sustainability measures embedded in the programme include on-site solar PV and battery storage, energy-efficient terminal upgrades, external shading to improve occupant comfort and reduce energy demand, water recycling and wastewater treatment facilities, improved surface water drainage systems, and commitments to reduce airport emissions by 30% by 2030, with a pathway consistent with Vinci Concessions’ objective to reach net zero by 2050.

Lufthansa and sister airlines SWISS and Edelweiss have joined the IATA Turbulence Aware programme that collects anonymised data on turbulence from flights operated by participating airlines. This real-time data provides pilots with accurate information about current atmospheric conditions, and supplements traditional weather forecasts and enables more precise flight planning. Scientists attribute the increase in the frequency and intensity of aircraft turbulence to climate change because of how it alters wind patterns and weather conditions.

UK leisure carrier Jet2.com has completed a two-year retrofit installation programme, which has seen Split Scimitar Winglets supplied by Aviation Partners Boeing installed onto 74 of its Boeing 737-800NG aircraft. The retrofit is expecting to reduce fuel burn by 1.5%, representing a decrease in annual fuel consumption by more than 11 million litres and cut the airline’s annual carbon emissions by over 28,000 tonnes.

European trade body Airlines for Europe (A4E) says EU airlines are shouldering a disproportionate share of the EU Emissions Trading System (EU ETS) and is calling for its reform. A4E chief Ourania Georgoutsakou said the scheme should not be extended to routes beyond the EU, a proposal under consideration by the EU. “If the EU is serious about protecting competitiveness, the fairest way to level the global playing field is to bring down ETS costs in line with the international CORSIA mechanism,” she said. ETS prices remain volatile and far above forecasts, argue A4E, and would translate into costs of around €5 billion by 2030, double that of 2024, as free allowances for aviation are fully phased out.