British Airways Parent IAG Buys Stake in UK Maker of Fuel From Ethanol
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Photo By Photographer: Akos Stiller/Bloomberg
IAG SA, the parent company of British Airways, is buying a stake in a UK firm that’s planning to start production of sustainable aviation fuel by 2025.
The carrier needs to secure SAF to meet its decarbonization goals, with as much as 10% of its fuel consumption to be derived from sustainable sources by 2030.
