Delta Air Lines Inc.

01/22/2020 | Press release | Distributed by Public on 01/22/2020 08:31

Delta partners with Northwest Advanced Bio-Fuels in one of the largest ever airline sustainable aviation fuel offtake agreements

As part of Delta's ongoing commitment to building a sustainable future and addressing climate change, the company is entering into one of the largest airline offtake agreements of its kind to purchase sustainable aviation fuel from Northwest Advanced Bio-Fuels (NWABF) with a reduction of lifecycle emissions of up to 80 percent compared to that of conventional jet fuel.

The increased use of sustainable aviation fuel is a key area of focus in Delta's sustainability efforts. This agreement follows Delta's $2 million investment for an ongoing feasibility study with NWABF, announced in October 2019. As a potential result of the study and this offtake agreement, Delta's West Coast region could receive approximately 10 percent of its annual jet fuel consumption from this project.

'This long-term agreement will support Delta's goals to lower our carbon footprint,' said Alison Lathrop, Delta's Managing Director - Global Environment, Sustainability and Compliance. 'This agreement with Northwest Advanced Bio-Fuels is a major step toward sustainable aviation fuel production and will serve as an industry-best-practice-model for future industry endeavors.'

While the feasibility study is looking at a potential biofuel production facility in the state of Washington and is expected to conclude in mid-2020, the offtake agreement anticipates fuel production by the end of 2024. This complements the airline's recent offtake agreement with Gevo for biofuel production in Minnesota, expected to be available between 2022-2023.

'We are very excited to deepen our work with Delta Air Lines and both of our world-class teams to improve sustainability,' said Dave Smoot, Head of Northwest Advanced Bio-Fuels and CEO of U. S. Advanced Bio-Fuels, Inc. 'This fuel purchase agreement will bolster Delta as a key leader in the renewable sustainable aviation fuel industry.'

Delta's ongoing sustainability efforts

Since 2005, Delta has reduced its jet fuel consumption, leading to a 9 percent decrease in emissions as Delta works toward its long-term goal of reducing emissions. Delta is also investing in new, more fuel-efficient aircraft to optimize the use of jet fuel. In July of 2019, Delta flew the first of 20 carbon-neutral new aircraft delivery flights from the Airbus final assembly line in Mobile, Ala., utilizing sustainable aviation fuel and carbon offsets in coordination with Airbus and Air BP.

These sustainability efforts have resulted in Delta being awarded the Vision for America Award by Keep America Beautiful in 2017 and the Captain Planet Foundation's Superhero Corporate Award in 2018, as well as being named to the FTSE4Good Index for five consecutive years and the Dow Jones Sustainability North America Index for nine consecutive years.

About NWABF

Northwest Advanced Bio-Fuels, LLC, a Delaware-based company and a wholly-owned subsidiary of U.S. Advanced Bio-Fuels, Inc. (USABIO) is in the process of developing second-generation, commercial-scale, cellulosic renewable bio-jet fuel refineries with the first project being developed to produce a minimum of 60 million gallons of SAF per year in the Pacific Northwest. NWABF has assembled a world-class team of industry-leading technology companies for the Project to ensure Delta a successful completion of the Project. These world-class companies will handle front-end gasification, syngas cleaning, back-end Fischer-Tropsch technology, and fuel upgrading to premium renewable SAF. NWABF is also deploying experienced world-class engineering and construction companies to design, construct, operate and maintain the first-of-its-kind facility in the state of Washington.

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