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World Fuel Services Supplies Sustainable Aviation Fuel to RAF Brize Norton in support of the Autumn Royal Tour

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World Fuel Services (NYSE: INT) announced the supply of Sustainable Aviation Fuel (SAF) to RAF Brize Norton, supporting the Autumn Royal Tour for the Prince of Wales and the Duchess of Cornwall. This initiative highlights World Fuel's commitment to sustainable energy, having delivered over 27 million gallons of SAF since 2015. The company collaborates with Neste, which produces SAF capable of reducing greenhouse gas emissions by up to 80% compared to fossil fuels. World Fuel aims to expand its renewable energy offerings, advocating for lower-carbon fuels to achieve net zero emissions in aviation.

Positive
  • Supplied over 27 million gallons of SAF since 2015, showcasing strong market presence.
  • Collaboration with Neste supports sustainable aviation initiatives and boosts environmental credibility.
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MIAMI, Dec. 17, 2021 /PRNewswire/ -- World Fuel Services Corporation (World Fuel) (NYSE: INT) announced today that it has supplied Sustainable Aviation Fuel (SAF) to Royal Air Force (RAF) Brize Norton in support of their Royal Highnesses, The Prince of Wales and The Duchess of Cornwall as they embarked upon the first leg of their Autumn Royal Tour.

This flight is one of the many activities that World Fuel and Neste have taken to support the development of SAF, including working with the Jet Zero Council, the SAF delivery group, COP26 sub-group to support the supply of SAF at various airports in the United Kingdom (UK) during this global climate event.

"World Fuel is proud to support RAF Brize Norton in demonstrating the capability of SAF by supplying one of the UK's official planes. We applaud the actions taken by the RAF to include SAF in its plans today and in the future as it raises global awareness of aviation's progress in sustainability," said Michael J. Kasbar, chairman and chief executive officer, World Fuel Services. "We are a long-time supporter of the wider adoption of lower-carbon fuels such as SAF, which we believe will serve to accelerate the aviation industry's ability to achieve net zero goals."

Neste's market-leading SAF is fully certified for use and produced from 100% renewable and sustainable waste and residue raw materials, such as used cooking oil and animal fat waste. In its neat form and over its life cycle, Neste MY Sustainable Aviation Fuel™ can achieve a reduction of up to 80%* of greenhouse gas emissions compared to fossil jet fuel use.

"Neste is committed to helping aviation with its emission reduction targets," said Jonathan Wood, Neste's vice president of Europe, Renewable Aviation. "We're delighted to see the RAF using our sustainable aviation fuel as it emphasizes that SAF will play a key role in long-term reduction in net emissions and climate change effects from aviation. Neste is investing to increase supply to 1.5m tonnes per annum by 2023, and we look forward to governments putting in place supportive policies to promote the use of sustainable aviation fuel."

World Fuel is one of the first companies to have blended SAF in the UK. Since 2015, World Fuel has delivered more than 27 million gallons of SAF to business and commercial aviation customers. Earlier this year, World Fuel expanded its global supply chain in SAF by providing Farnborough Airport (EGLF/FAB) in Hampshire, UK, with a supply of SAF from Neste's European refinery.

As a member of the Business Aviation Coalition for Sustainable Aviation Fuel, World Fuel supports the industry's goal to reduce carbon emissions. The company continues to invest in creating innovative solutions and expanding its renewable and lower-carbon fuel and energy offerings to support customers in reducing their carbon emissions and achieving their sustainability goals.

*Calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology

About World Fuel Services

Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing energy procurement advisory services, supply fulfillment and transaction and payment management solutions to commercial and industrial customers worldwide. World Fuel Services sells and delivers liquid fuels, natural gas, electricity, renewable energy, and other sustainability solutions to its clients at more than 8,000 locations in more than 200 countries and territories through its Marine, Aviation, and World Kinect Energy Services divisions. For more information, visit www.wfscorp.com or www.world-kinect.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/world-fuel-services-supplies-sustainable-aviation-fuel-to-raf-brize-norton-in-support-of-the-autumn-royal-tour-301447557.html

SOURCE World Fuel Services

FAQ

What is the recent announcement by World Fuel Services regarding Sustainable Aviation Fuel?

World Fuel Services announced supplying Sustainable Aviation Fuel (SAF) to RAF Brize Norton for the Autumn Royal Tour.

How much Sustainable Aviation Fuel has World Fuel Services supplied since 2015?

World Fuel Services has supplied over 27 million gallons of Sustainable Aviation Fuel (SAF) since 2015.

What are the environmental benefits of the Sustainable Aviation Fuel supplied by World Fuel Services?

The Sustainable Aviation Fuel can achieve up to 80% reduction in greenhouse gas emissions compared to fossil jet fuel.

Who is World Fuel Services collaborating with for the production of Sustainable Aviation Fuel?

World Fuel Services is collaborating with Neste for the production and supply of Sustainable Aviation Fuel.

What is World Fuel Services' commitment towards sustainability?

World Fuel Services is committed to expanding its renewable energy offerings and supporting the aviation industry's net zero goals.

WORLD FUEL SERVICES CORP

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