Ryanair has announced a deal with energy company Repsol "to advance the supply of sustainable aviation fuel (SAF) at Ryanair airports across Spain [and] Portugal".
The SAF is to help with "further advancing the airline’s Pathway to Net Zero strategy", Ryanair claimed in its announcement of the deal, which was signed in Madrid.
"This agreement with Repsol gives Ryanair access to up to 155,000 tonnes (52m gallons) of SAF between 2025 and 2030 (equiv. to over 28,000 flights from Dublin to Madrid), saving approximately 490,000 tonnes in CO2 emissions", the Irish budget carrier said, pointing to its "ambitious goal of using 12.5% SAF by 2030 and net-zero emissions by 2050".
“SAF plays a key role in Ryanair’s Pathway to Net Zero strategy and our goal of using 12.5% SAF by 2030. Achieving this requires multiple different feedstocks and production methods and we’re encouraged that Repsol are looking at multiple solutions. This agreement helps Ryanair secure access to c.15% of this ambitious goal, " said Ryanair DAC chief executive Eddie Wilson, speaking at Repsol’s headquarters in Madrid.
"This collaboration agreement with Ryanair, Europe's leading passenger airline, reinforces our commitment to the aviation sector and it is another step in Repsol's commitment to renewable fuels," said Valero Marin, Repsol’s executive managing director of client [sic].