JETEX-360 JET FUEL ALLIANCE OFFERING FLEXIBLE, WIDER ACCESS FOR SUSTAINABLE AVIATION FUEL

KUALA LUMPUR, May 23 (Bernama) -- Jetex, a global leader in executive aviation, entered into an agreement with 360 Jet Fuel Ltd to offer its customers more flexibility and wider access to sustainable aviation fuel (SAF).

SAF is a liquid fuel currently used in commercial aviation which reduces carbon dioxide (CO2) emissions by up to 80 per cent and it can be produced from a number of sources including waste oil and fats, green and municipal waste and non-food crops.

The new 360 GREEN FUEL book & claim system allows Jetex customers to source SAF based on their total aviation footprint in one transaction, rather than sourcing through each location individually, in which SAF can be sourced for flights out of airports that do not have SAF supply available.

In a statement, Jetex said sourcing SAF on a Book & Claim basis will allow purchasing any volume of SAF, including 100 per cent of fuel needs or a carbon neutral scenario, without technical limitations such as blending limits.

Jetex customers will be able to claim the C02 emission reduction they achieved by the amount of fossil fuel replaced with SAF acquired.

They will receive a certificate specifying the amount of SAF purchased and an audited statement outlining the corresponding CO2 reduction, whereby this documentation can be utilised for sustainability reporting purposes.

To ensure credibility and verifiable emission reductions, 360 Jet Fuel sources physical SAF quantities from ISCC+ certified suppliers, guaranteeing full traceability of the claimed amounts, and ensures delivery to an airline partner within the aviation sector.

The solution provided by 360 Jet Fuel undergoes rigorous third-party auditing, ensuring traceability to each delivery batch and eliminating any doubts of double claiming.

The new agreement takes Jetex a step closer to being fully carbon-neutral globally and is aligned with International Air Transport Association (IATA)’s commitment to achieving 65 per cent SAF share by 2050.

-- BERNAMA