United adds new corporate partners to Sustainable Flight Fund that now exceeds $200m

Aircastle, Air New Zealand, Embraer, Google, HIS, Natixis CIB, Safran, and Technip Energies are now part of a first-of-its-kind effort to reduce emissions and drive the production of sustainable aviation fuel (SAF) by providing startups with both financial and strategic capital. United customers play a role too, with more than 115,000 people contributing nearly $500,000 since February 2023. United today announced that Aircastle (a Marubeni & Mizuho Leasing Company), Air New Zealand, Embraer, Google, HIS, Natixis Corporate & Investment Banking, Safran Corporate Ventures, and Technip Energies are now among the 22 corporate partners that make up the airline's The United Airlines Ventures Sustainable Flight FundSM, a first-of-its kind effort to reduce emissions and drive production of sustainable aviation fuel (SAF) through investments in startups. These corporate partners make up all parts of the aviation supply chain – airlines, aircraft and engine manufacturers, fuel producers, engineering and technology experts, financiers, travel management and more – and have now committed more than $200m while collaborating to provide strategic expertise to help the Fund's portfolio companies reach commercialization. Since its inception in February 2023, the Fund remains aviation's first and only venture fund backed by a broad limited partner base and created to identify and support startups advancing feedstock and technology development focused on increasing the supply of SAF.<br/>