Masdar has signed an agreement with Airbus to support the development and growth of the global sustainable aviation fuel market. The two companies will collaborate on Sustainable Aviation Fuels (SAF), Green Hydrogen, Direct Air Capture technologies, as well as supporting the development and implementation of 'book and claim' solutions.
Mohamed Jameel Al Ramahi, Chief Executive Officer, Masdar, said: "This MoU with Airbus further amplifies Masdar's commitment to accelerating the reduction of global carbon emissions and pioneering worldwide efforts towards decarbonization. We look forward to working closely with Airbus to support the development of the global sustainable aviation fuel market and to exploring the adoption of creative low carbon solutions in support of net zero."
Mikail Houari, President, Airbus Africa and Middle East, said: "Sustainable Aviation Fuel (SAF) is one of the best solutions for reducing the aviation sector's carbon footprint and this agreement will support in advancing its much-needed development and growth. We have a legacy of successful collaborations in the UAE that has contributed to advancing the country's aerospace sector capabilities. This new agreement with Masdar marks yet another milestone in the partnership between Airbus and the UAE.”
Earlier this year Masdar announced an initiative focusing on green hydrogen to produce SAF is working with licensors to certify a new production pathway for SAF from methanol.
