FedEx Secures Landmark Sustainable Aviation Fuel Deal with Neste at LAX

Reuters

2025/06/03

FedEx Secures Landmark Sustainable Aviation Fuel Deal with Neste at LAX

FedEx Corporation has entered into an agreement with Neste to acquire over three million gallons of blended sustainable aviation fuel (SAF) for use at Los Angeles International Airport (LAX). This purchase marks the largest SAF acquisition by a U.S. cargo airline at LAX to date. The blended fuel, containing at least 30% neat Neste MY Sustainable Aviation Fuel, will make up approximately 20% of FedEx's annual jet fuel consumption at LAX. This initiative is part of FedEx's broader strategy to reduce aviation emissions and work towards carbon-neutral operations by 2040. The delivery of the fuel has commenced and will continue over the next year. FedEx's commitment reflects its efforts to support sustainability goals and bolster the aviation industry's use of lower-emission solutions.

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 June 02, 2025, and is solely responsible for the information contained therein.

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