Directional Aviation, Alder Fuels, 4Air and Flexjet have partnered to launch a new type of next-generation Sustainable Aviation Fuel (SAF), backed by blockchain technology to prove its carbon-reducing credentials.
Private aviation investment firm, Directional Aviation revealed an undisclosed financial investment in SAF producer, Alder Fuels yesterday (September 15th). The investment will enable Alder to scale up production of second-generation SAF and supply it to Flexjet and other private aviation operators.
Kenn Ricci, principal, Directional Aviation said: “Our investment in Alder Fuels and partnership on advancing the use of digital technology to document SAF use is an example of private aviation leading the way on sustainability commitments and identifying solutions to reduce carbon emissions that aid the entire aviation industry.”
The new renewable fuel, Alder Fuels’ Alder Greencrude (AGC) SAF, uses sustainable biomass such as regenerative grasses, forest residues and...
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