Why are Qantas and Airbus pouring millions into Australian sustainable fuel?

Qantas and Airbus have strengthened their green alliance. They announced a massive new investment in fuel. This money targets sustainable aviation fuel (SAF).

The partners want to build local plants. Australia currently lacks large-scale SAF production. This deal helps solve that problem.

Airbus joined Qantas in Sydney for the news. They committed to funding new technology. This includes "alcohol-to-jet" and "HEFA" methods.

Background on SAF Goals

According to IATA, SAF is critical. It can reduce carbon by 80%. Most airlines want 10% SAF by 2030.

Qantas CEO Vanessa Hudson praised the move. She said it secures future fuel. It also helps reach net zero.

Airbus leaders also spoke at the event. They noted Australia has great resources. The country can lead in green fuel.

Industry Impact and Benefits

The investment supports the Jet Zero Council. This body advises the Australian government. It focuses on low-carbon flight paths.

Aviation faces a big climate challenge. Fuel is the biggest part of that. This investment reduces long-term risks for airlines.

Domestic production will lower costs over time. It also creates many new regional jobs. This helps the Australian economy grow.

Key Details for Passengers

Passengers may see more green flights soon. The fuel works in existing plane engines. No major aircraft changes are needed.

Industry data shows a rising fuel demand. SAF supply must grow very quickly. This partnership is a major step forward.

• Investment focuses on local Australian refineries.
• Targets help meet 2050 net-zero goals.
• New technology reduces carbon footprints significantly.

This deal shows a strong commitment to change. It sets a standard for other regions. The world is watching Australia's progress.

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