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FedEx has announced a contract with Neste, a leading producer of sustainable aviation fuel (SAF) and renewable diesel. The agreement secures over three million gallons of blended SAF for FedEx at Los Angeles International Airport (LAX). This blend includes at least 30% neat SAF, known as Neste MY SAF. The fuel will account for approximately one-fifth of the jet fuel used by FedEx annually at LAX, marking the largest SAF purchase by a U.S. cargo airline at this airport. Deliveries began earlier this month and will continue over the next year.
Karen Brinks Ellis, Chief Sustainability Officer and Vice President of Environmental Affairs at FedEx, stated: "The procurement of SAF is a critical component of our emissions reduction strategy in aviation over the coming years, and we are pleased to have entered into an agreement with Neste to begin using this fuel in our aviation operations. Our global aviation network represents the largest portion of our overall fuel usage, making this initiative our greatest opportunity for emissions reduction. As we work towards achieving carbon-neutral operations by 2040, it is essential that the SAF market continues to grow to meet industry demand."
Richard Smith, COO of FedEx Express and CEO of its airline division, commented: "As a world-leading express transportation company, this initial introduction of SAF in the U.S. advances our sustainability goals while strengthening efforts across the aviation industry to procure and use more SAF. While recognizing that further growth in the SAF market is needed alongside other new technologies, we are proud to reach this milestone."
