easyJet accelerates on SAF procurement
easyJet, together with ATOBA Energy (ATOBA) and in partnership with World Fuel Services (World Fuel), has signed a Memorandum of Understanding (MoU) for the long-term procurement of sustainable aviation fuel (SAF), intended to support its operations in Europe and the UK.
The agreement consolidates easyJet's decarbonisation strategy, aiming to unlock the potential of the entire SAF value chain. ATOBA's model integrates SAF aggregation services, capable of managing price and volume volatility, with World Fuel's logistics, blending, storage and global distribution expertise, thus ensuring a continuous and compliant flow.
Raminder Shergill, easyJet's Director of Fuel Strategy, commented: "We are deeply committed to driving the development of the Sustainable Aviation Fuel industry. By addressing the challenges of long-term offtake agreements, which have historically been a barrier to investment in SAF projects, ATOBA's solution paves the way for faster industry expansion, increased investor confidence and secure pricing and availability for easyJet."
This agreement marks a key moment in enabling the scalability of advanced SAF production technologies, such as Alcohol-to-Jet, Fischer-Tropsch and Power-to-Liquids, and makes a real contribution to easyJet's emissions reduction targets.
The SAF market, which is still developing, needs multi-year contracts at stable prices to incentivise large-scale investments. ATOBA's model responds to this need, centrally managing an upstream and downstream portfolio that reduces technological and financial risks, facilitating long-term agreements between airlines, manufacturers, distributors and financial institutions.
World Fuel will take care of logistics, blending, storage and compliance with EU and UK regulations, ensuring a smooth integration of SAF into easyJet's supply chain and reinforcing the three companies' commitment to a sustainable, efficient supply chain that complies with legislative standards for more sustainable aviation.