Masdar and Airbus have inked a significant agreement to propel the global sustainable aviation fuel (SAF) market forward, with the aim of significantly reducing greenhouse gas emissions in the aviation industry.
This partnership will explore a range of technologies and solutions, including green hydrogen and direct air capture, to promote the adoption of SAF and contribute to a greener future for aviation.
SAF has the potential to reduce emissions by up to 95% compared to traditional jet fuel, making it a key player in achieving net-zero carbon emissions in air travel.
The global SAF market is poised for substantial growth, projected to reach over $14 billion (£11.5bn) by 2032.
