Masdar And Airbus Team Up For Sustainable Aviation
The agreement highlights areas of collaboration between the two companies, including sustainable aviation fuels (SAF), green hydrogen, and direct air capture technologies, as well as supporting the development and implementation of ‘book and claim’ solutions.
It was signed by Mohammad Abdelqader El Ramahi, Chief Green Hydrogen Officer, Masdar, and Mikail Houari, President, Airbus Africa and Middle East.
Al Ramahi said, "This MoU with Airbus further amplifies Masdar’s commitment to accelerating the reduction of global carbon emissions and pioneering worldwide efforts towards decarbonization. We look forward to working closely with Airbus to support the development of the global sustainable aviation fuel market and to exploring the adoption of creative low-carbon solutions in support of net zero."
Houari said, "Sustainable Aviation Fuel (SAF) is one of the best solutions for reducing the aviation sector’s carbon footprint, and this agreement will support its much-needed development and growth. At Airbus, we continue to lead the industry towards a more sustainable future. We are committed to contributing to driving innovation to support the ambition set by IATA, ATAG, and ICAO to reach 'net zero' carbon emissions by 2050.
The use of SAF based on green hydrogen and direct air capture is estimated to reduce greenhouse gas emissions by up to 95 percent when compared to conventional jet fuel, with the global sustainable aviation fuel market expected to grow to over $14 billion by 2032, according to Precedence Research.
SAF is an immediately available solution for significantly reducing the CO2 emissions of global air transportation.