Finnair has signed a new agreement with Colorado-based renewable fuels producer Gevo, Inc for Sustainable Aviation Fuel (SAF).
The agreement, starting from 2027, outlines the purchase of seven million gallons of SAF per year, for the duration of five years. The expected value for the agreement is $192 million over the five-year period, including associated environmental benefits.
This agreement is part of oneworld® Alliance’s plan to purchase up to 200 million gallons of sustainable aviation fuel per year from Gevo.
Finnair currently uses an extensive toolkit to achieve emission reductions. These include, but are not limited to, using sustainable aviation fuels, reducing the weight of aircraft, developing fuel-efficient flight methods, offsetting, and engaging customers in reducing aviation emissions.
Finnair is also actively exploring the possibilities of introducing new technologies into its operations.
Eveliina Huurre, Finnair’s SVP Sustainability, said: “Finnair has ambitious emissions reduction targets: by the end of 2025, we intend to halve the level of net emissions from 2019 and achieve carbon neutrality latest by the end of 2045. SAF plays an important role for reaching these targets”
Dr. Patrick R. Gruber, Gevo’s Chief Executive Officer, said: “Gevo was founded on the principle of building sustainability into every step of our process. But it is not static—it’s always improving.”
“We’re constantly incorporating new developments at every stage of our business system to reduce our carbon intensity. This is expected to make the renewable energy carried in our advanced renewable fuels even more impactful as they help to lower our customers’ carbon scores.”
Gevo’s sustainable aviation fuel is produced using inedible corn products which are then processed to create ethanol and finally converted into sustainable aviation fuel. The fuel is used with book and claim principle on Finnair’s flights from Los Angeles.
Finnair has also made a purchase agreement with Aemetis for a total of 17.5 million gallons of blended sustainable aviation fuel to be delivered during 2025-2032.
Finnair had previously partnered with Neste in Finland to increase the use of SAF and hence reduce carbon emissions of flying.
Finnair flies up to four times a day from London Heathrow, as well as flights from Edinburgh, Manchester and Dublin to Helsinki, enabling customers to enjoy quick and convenient connections, from as little as 35 minutes, to onward destinations in the US and Asia.
The airline’s modern fleet, including newly refreshed long-haul A350s and A330s, provide customers with unparalleled levels of travel comfort with the carrier’s famed Nordic design and contemporary style.
