Southwest Airlines completes acquisition of SAFFiRE Renewables, LLC to advance sustainable aviation fuel (SAF) technology
Southwest Airlines completes acquisition of SAFFiRE Renewables, LLC to advance sustainable aviation fuel (SAF) technology
03/28/24, 6:31 PM
Location
Industry
biomass energy
renewable energy
energy
Southwest Airlines Co. (NYSE: LUV) has acquired SAFFiRE Renewables, LLC as part of its commitment to propelling sustainable aviation fuel (SAF) technology forward. This move reinforces Southwest's dedication to creating opportunities for scalable renewable ethanol production, which will contribute to the airline's Nonstop to Net Zero plan and its goal of achieving net zero carbon emissions by 2050.