Carbon transformation company Twelve and Etihad Airways, the national carrier of the United Arab Emirates, announce today a Memorandum of Understanding (MOU) to collaborate on advancing E-Jet® fuel, Twelve’s sustainable aviation fuel (SAF) made from CO2 and renewable energy, and plans to work towards an international demonstration flight and a supply roadmap that supports Etihad’s sustainability strategy. Northstar.vc, a boutique investment firm specializing in supply chain technology and fintech, facilitated the partnership discussions.
Twelve and Etihad will work to accelerate production and use of Twelve’s E-Jet fuel, a low carbon jet fuel (or e-fuel) produced by a power-to-liquids process leveraging the company’s carbon transformation technology. As part of the agreement, the two companies will collaborate on a supply roadmap that helps meet growing demand for SAF for the Etihad network and on expanding the footprint of SAF in the global market.
“We are honored to partner with Etihad to work toward a supply of drop-in jet fuel made from air, not oil,” said Twelve co-founder and CEO Nicholas Flanders. “Our E-Jet fuel allows airlines like Etihad to reduce emissions by up to 90% with their existing aircraft fleet, which will be critical to achieving the United Nations’ 2050 net-zero emissions target in aviation.”
“Etihad Airways is working hard on its sustainability strategy and deploying a range of initiatives across the spectrum of sustainability to achieve that,” said Mohammad Al Bulooki, Chief Operating Officer at Etihad Airways. “Collaborating with sustainable aviation fuel makers like Twelve, to advance products like E-Jet fuel, is an important part of that drive."