The World’s Largest Private Jet Company Buys a Stake in the Production of SAF
COLUMBUS, OH, Feb. 04, 2021 (GLOBE NEWSWIRE) NetJets today announces it has made a significant investment in WasteFuel, a next generation waste to fuel company that aims to transform landfill waste into sustainable aviation fuel (SAF), making it the first private aviation company to buy a stake in the production of sustainable aviation fuel. NetJets will also purchase a minimum of 100 million gallons of WasteFuel’s SAF over the next ten years.
NetJets and WasteFuel are in the early phases of developing a plant in Manila, Philippines, slated to be operational in 2025, in partnership with leading infrastructure developer Prime Infra. The fuel is anticipated to be imported into Los Angeles and distributed across the NetJets operations network.
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The World s Largest Private Jet Company Buys a Stake in the Production of SAF
COLUMBUS, OH, Feb. 04, 2021today announces it has made a significant investment in WasteFuel, a next generation waste to fuel company that aims to transform landfill waste into sustainable aviation fuel (SAF), making it the first private aviation company to buy a stake in the production of sustainable aviation fuel. NetJets will also purchase a minimum of 100 million gallons of WasteFuel s SAF over the next ten years.
NetJets and WasteFuel are in the early phases of developing a plant in Manila, Philippines, slated to be operational in 2025, in partnership with leading infrastructure developer Prime Infra. The fuel is anticipated to be imported into Los Angeles and distributed across the NetJets operations network.