FedEx Secures Major Sustainable Aviation Fuel Supply from Neste for LAX Operations

Reuters

2025/05/20

FedEx Secures Major Sustainable Aviation Fuel Supply from Neste for LAX Operations

FedEx Corporation has announced a new agreement with Neste to secure over three million gallons of sustainable aviation fuel (SAF) for delivery at Los Angeles International Airport (LAX). This purchase, which includes a minimum of 30% neat Neste MY Sustainable Aviation Fuel, will account for approximately a fifth of FedEx's annual jet fuel consumption at LAX. The agreement marks the largest SAF purchase by a U.S. cargo airline at LAX to date, with deliveries having commenced earlier this month and set to continue for the next year. FedEx's chief operating officer, Richard Smith, highlighted the initiative as a step towards the company's sustainability goals and the broader aviation industry's shift towards SAF usage. The collaboration supports FedEx's ambition to achieve carbon-neutral operations by 2040 and aligns with their ongoing efforts to reduce aviation emissions through fleet modernization and fuel conservation initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FedEx Corporation published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.

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This purchase, which includes a minimum of 30% neat Neste MY Sustainable Aviation Fuel, will account for approximately a fifth of FedEx's annual jet fuel consumption at LAX. The agreement marks the largest SAF purchase by a U.S. cargo airline at LAX to date, with deliveries having commenced earlier this month and set to continue for the next year. FedEx's chief operating officer, Richard Smith, highlighted the initiative as a step towards the company's sustainability goals and the broader aviation industry's shift towards SAF usage. The collaboration supports FedEx's ambition to achieve carbon-neutral operations by 2040 and aligns with their ongoing efforts to reduce aviation emissions through fleet modernization and fuel conservation initiatives.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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