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Lufthansa Group and VARO Energy sign MoU on Sustainable Aviation Fuels

Vedanshi SinghbyVedanshi Singh
5th February 2023
in Lufthansa Group, VARO
Reading Time: 1 mins read
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Lufthansa Group and VARO Energy sign MoU on Sustainable Aviation Fuels
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The Lufthansa Group and the energy company VARO Energy have signed a Memorandum of Understanding (MoU) regarding the production and supply of Sustainable Aviation Fuel, expanding their long-standing partnership, said the press release. As a result, VARO could provide large volumes of SAF to the Lufthansa Group as early as 2026, for example, to the Munich airport hub. The companies are also developing innovative methods for producing green hydrogen from biodegradable waste. Green hydrogen is a significant CO2-free energy carrier that also plays a crucial role in SAF production.

The MOU supports the Lufthansa Group’s objective of advancing the availability, market penetration, and use of Sustainable Aviation Fuels as a central component of its sustainability strategy. The airline group is already one of the largest customers of SAF in Europe and continuously evaluates options for long-term purchase agreements.

According to the company, providing decarbonization solutions to the aviation industry is essential to VARO’s business strategy. VARO aims to produce 260,000 tonnes of Sustainable Aviation Fuel annually by 2026.

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Source: Lufthansa Group
Tags: ESGESG BROADCASTESG COMPANIESLufthansa GroupSAFSustainability
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Vedanshi Singh

Vedanshi Singh

Science communicator passionate about climate change, ESG, and sustainability, blending psychology with communication for impact.

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