16.04.2024 17:20:24 - dpa-AFX: Boeing Buys Sustainable Fuel To Support 2024 US Commercial Operations
CHICAGO (dpa-AFX) - Boeing Co. (BA), Tuesday announced the company's largest
annual purchase of 9.4 million gallons of blended sustainable aviation fuel or
SAF to support its 2024 U.S. commercial operations.
The blended SAF will be sourced from EPIC Fuels and Avfuel, with contributions
of 2.5 million and 1.5 million gallons from Neste, respectively. It will be used
in Boeing's ecoDemonstrator program and for other commercial operational flights
across the U.S.
The aviation company noted that the use of blended SAF could reduce carbon
emission to a certain level, whereas the unblended SAF could reduce up to 85
percent of emissions.
Currently, Boeing's stock is trading at $168.02, up 0.11 percent on the New York
Stock Exchange.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX