American budget carrier JetBlue Airways has signed a memorandum of understanding (MOU ) with AIR COMPANY to buy 25 million gallons of the latter’s AIRMADE sustainable aviation fuel (Saf ) for a period of five years.
The agreement to procure SAF comes shortly after JetBlue unit JetBlue Ventures invested in the Series A financing round of AIR COMPANY, a firm that develops consumer and industrial offerings from CO₂.
The delivery of the AIRMADE SAF to JetBlue is expected from 2027.
JetBlue sustainability and environmental social governance director Sara Bogdan said: “SAF is one of the most promising avenues for addressing aviation emissions currently available.
“With creative thinking backed by science, AIR COMPANY’s work to leverage captured carbon, a resource distinct from other SAF feedstocks, represents the kind of innovation that can expand SAF availability and grow the market necessary to reach our industry goals.
“We’re excited to build upon this partnership established by JetBlue Ventures as we continue our own path to reach net-zero carbon emissions by 2040.”
AIR COMPANY has developed a single-step process for CO₂-derived fuel production with clean electricity to create AIRMADE.
The company anticipates that its product has the potential to grow in the emerging market with its SAF made from captured CO₂.
With this agreement, AIR COMPANY will support JetBlue’s target to convert 10% of its total fuel consumption to SAF on a blended basis by 2030.
AIR COMPANY co-founder and CEO Gregory Constantine said: “We’ve partnered with JetBlue to supply the airline with 25 million gallons of our AIRMADE SAF, contributing to the complex tapestry of SAF solutions in our fight against anthropogenic climate change.”