Press Release

JAL Group is working toward our goal to achieve net zero emission by 2050, as means of upgrading to
fuel-efficient aircraft, improving flight operations, and utilizing SAF (Sustainable Aviation Fuel). Now, JAL has
concluded a MOU (Memorandum of Understanding) for the procurement of SAF with Raven SR Inc.
(Head Office: Wyoming, US, hereinafter “Raven”)(*), a renewable fuel producer from waste, and ITOCHU Corporation (Head Office: Tokyo, Japan, hereinafter “ITOCHU”), Raven’s investor. SAF is planned to be supplied in California, US from 2025.

                                                                               Image of Raven's SAF Production Facility

The basic agreement with Raven and ITOCHU will lead to the achievement of the SAF utilization targets to replace 1% of the whole fuel amount to SAF by fiscal year 2025 and 10% by fiscal year 2030, as stated in “JAL Group Medium-Term Management Plan Formulated the Rolling Plan 2022”. JAL will also have SAF supplied in the US West Coast, SAF made from tallow by Aemetis Inc. from fiscal year 2024, and SAF made from inedible corn by Gevo Inc. from fiscal year 2026. In the current situation where the supply of SAF is limited, JAL will contribute to the popularization and market expansion of SAF and promote carbon neutrality in aviation by demonstrating the need for SAF produced from a variety of feedstocks, including used cooking oil, tallow, and biomass, as well as waste products.
JAL will continue to accelerate procurements to uplift SAF globally and advance the commercialization, diffusion and expansion of the domestically produced SAF through the ACT FOR SKY activities.

（*） Raveｎ SR Inc.:
Founded in 2018 at Wyoming, US. Produces high-quality, clean Hydrogen and renewable fuel from waste, and contributes to remove a huge amount of waste that are sources of greenhouse gas emission, pollution and climate change. From early 2024 in California, US, planning to start producing Hydrogen from waste for mobility, and also starting its production of SAF and renewable diesel in 2025, and will expand its production to 200,000 ton annum by 2034 in US and Europe.
URL: https://ravensr.com/