One of the most prominent companies in the race to scale up SAF production has been taken over by a private equity consortium after facing a cash crunch.
UPS says the new HKG facility will have the capacity to handle around 1 million tons of cargo annually, although the expected build cost has not been revealed.
Industry is hoping November 2023 will go down in history as a turning point for sustainable aviation fuel after a historic framework put forth by the ICAO.
VIETJET and NOVUS AVIATION CAPITAL signed MOUs to explore establishment of an aircraft financing and leasing vehicle as well as collaborating on the supply of Sustainable Aviation Fuel (SAF) in Vietnam alongside SAF ONE.