European airlines secure supplies of low-carbon jet fuel

European airlines are signing sustainable aviation fuel (SAF) deals needed to meet carbon-reduction targets set by the European Union. The adoption of alternative fuels made from bio-based materials could cut carbon emissions by up to 80% compared to conventional fuel, and is seen as a means of helping the sector reach its net zero emissions goal by 2050. In November 2023, a Virgin Atlantic plane made a 100% SAF-powered flight from London to New York City to highlight the importance of the alternative fuel's use. SAF currently makes up less than 0.1% of aviation fuel used globally and costs three times as much as regular jet fuel when made from waste oils, with other versions made from green hydrogen costing even more.<br/>Here are some deals signed so far:<br/>