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Qantas Airways, Airbus to make $200 million sustainable fuels investment

The planemaker and airline plan to invest as much as $200 million to accelerate the adoption of SAF in the country, they said Sunday

Qantas Airways
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Qantas Airways.

Charlotte Ryan | Bloomberg
Airbus SE and Qantas Airways Ltd. will make a joint investment aimed at kick-starting Australia’s sustainable aviation fuel industry.

The planemaker and airline plan to invest as much as $200 million to accelerate the adoption of SAF in the country, they said Sunday ahead of the International Air Transport Association’s annual meeting in Doha.

“The use of SAF is increasing globally as governments and industry work together to find ways to decarbonise the aviation sector,” Qantas Chief Executive Officer Alan Joyce said at a joint press conference. “Without swift action, Australia is at risk of getting left behind.”

The partners will make equal

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First Published: Jun 19 2022 | 11:13 PM IST

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