Neste invests in Aircraft Fuel Supply to supply Schiphol with sustainable aviation fuel
Neste, the world’s leading provider of renewable diesel and sustainable aviation fuel (SAF), has acquired a minority stake in Aircraft Fuel Supply B.V. (AFS). AFS is the owner and operator of the Amsterdam Airport Schiphol fuel storage company.
“Our ambition is to become a global leader in renewable and circular solutions. We are committed to supporting our customers to meet their ambitious climate and carbon neutrality targets and reduce greenhouse gas emissions with our sustainable aviation fuel. Acquiring a share in Aircraft Fuel Supply B.V. is an important milestone in expanding the supply of SAF at a major global airport,” says Neste’s President and CEO Peter Vanacker.
“AFS is very pleased with this new shareholder and to contribute to a sustainable aviation industry”, says Inge Stegmann, CEO of Aircraft Fuel Supply B.V.
Through its share in AFS, Neste is able to offer to airlines operating at Amsterdam Airport Schiphol in the Netherlands ongoing supply of Neste MY Sustainable Aviation Fuel™ with immediate effect. Neste’s SAF is made from sustainably sourced, renewable waste and residue raw materials. Typically, in its neat form and over the life cycle, its use can reduce up to 80% of greenhouse gas emissions compared to fossil jet fuel use.
“We are extremely proud to be growing and securing the availability of SAF at Amsterdam Airport Schiphol. In doing so, we will support airlines in reaching their emission reduction targets. Front-runner airlines operating at Amsterdam Airport Schiphol can really make a contribution to a more sustainable future for the aviation industry,” says Thorsten Lange, executive vice president for Renewable Aviation at Neste. “The Netherlands is a country which has taken steps forward to provide regulatory support to help encourage the supply and use of SAF.”
“Looking at the future, quality is key for us. The quality of Schiphol’s network must go hand in hand with major steps towards sustainable aviation. Sustainable aviation fuel is a proven technology which needs to be scaled up. Therefore we warmly welcome Neste to our airport. They are a front-runner and together with them, our airlines, our other aviation partners and our government we want to lead by example,” said CEO Dick Benschop of Amsterdam Airport Schiphol.