Press Release
JAL Sign Agreement with JOIN to Strengthen Cooperation on SAF
Summary
～Aiming to expand SAF supply～
The JAL Group is ramping up its commitment to sustainability, to achieve virtually zero CO2 emissions by 2050, we will promote upgrading to fuel-efficient aircraft, improving flight operations, and utilizing SAF (Sustainable Aviation Fuel). As part of these efforts, Japan Airlines Co., Ltd(JAL) has signed an agreement with Japan Overseas Infrastructure Investment Corporation for Transportation and Urban Development (Head Office: Chiyoda-ku, Tokyo, hereinafter "JOIN")(*1) to cooperate with each other on initiatives aimed at manufacturing and procuring sustainable aviation fuel (Sustainable Aviation Fuel, hereinafter "SAF") overseas (the SAF projects).
Based on the agreement, JAL will provide advice and other support to the SAF projects that JOIN participates in overseas, based on its experience and know-how in aviation business, and JOIN will work to increase and secure opportunities for Japanese air carriers to procure SAF stably by expanding opportunities for investment in SAF projects and making efforts to supply SAF to JAL.
JAL will continue to accelerate procurements to uplift SAF globally and advance the commercialization, promotion and expansion of the domestically produced SAF through the ACT FOR SKY activities.
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(* 1) JOIN:
JOIN is an infrastructure fund established in 2014 by the public and private sectors with the aim of using Japanese knowledge, technology and experience to promote the entry of Japanese companies into overseas markets engaged in infrastructure projects such as transportation and urban development, and to contribute to the sustainable growth of the Japanese economy.
(* 2) Press Release made on May 06, 2022 “JAL Group Medium-Term Management Plan Formulated the Rolling Plan 2022”
https://press.jal.co.jp/en/release/202205/006653.html
(*3）To share information in public on SAF comments on it from airline point of view.
