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.
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