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British Airways Parent IAG Buys Stake in UK Maker of Fuel From Ethanol

Source Bloomberg

Posted on July 24, 2023

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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.

For More Details Visit: https://www.bloomberg.com/news/articles/2023-07-24/british-airways-parent-iag-buys-stake-in-uk-maker-of-fuel-from-ethanol#xj4y7vzkg